$650,000

0 Beds 0 Baths 0 SQFT 0.23 Acres
Type: Multi-Family

1409 Union Avenue NE
Renton, WA 98059

MLS#: 2498022
Presented by: Keller Williams Eastside and NWMLS

Property Description

 

PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringHardwood, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CityRenton
CoolingForced Air
CountyKing
DirectionsFrom Sunset go North on Union, building on left.
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High School DistrictRenton
Insurance Expense0
Leasable Area0 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet10,200 sqft
Lot Size UnitsSquare Feet
MLS Area350 - Renton/Highlands
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total0
PossessionClosing
Possible UseMulti-Family
Property ConditionAverage
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 140
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameRenton
Tax Annual Amount$0
Tax Year2025
Units Below Gradefalse
Water CompanyCity of Renton
Water Sewer Garbage0
Year Built1957
Zoning DescriptionMulti-Family

Exterior

Building Area Total0 sqft
Covered Spaces1
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.2342
Parking Uncovered Total4
Total Parking5
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$650,000

0 Beds 0 Baths 0 SQFT 0.23 Acres
Type: Multi-Family

1409 Union Avenue NE
Renton, WA 98059

MLS#: 2498022