Provided by NWMLS, Listed by Windermere Bellevue Commons

Active

1324 Jefferson Avenue NE

Renton WA, 98056

$1,100,000


$399.13 per sqft

Active

2,756 sqft

Multi-family

Built in 1963

Rare opportunity to own a fully-occupied fourplex in the desirable Renton Highlands. This well-maintained property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all on year-to-year leases. rents currently below market value, there is substantial potential for increased revenue & the possibility of achieving a rental cap rate of 6%. The property features shared laundry facilities, extra storage & parking. It is conveniently located within walking distance to the parks, library, supermarkets & restaurants. Easy access to the freeway, Renton Landing, major business hubs like Seattle & Bellevue makes this location highly sought after. Don't miss this chance to capitalize on below-market rents in a prime location!

2294425

MLS ID

September 25, 2024

Listed

October 2, 2024

Updated

Map

1324 Jefferson Avenue NE
Renton WA, 98056

Interior Features

Total Stories

2


Interior Features

Wall to Wall Carpet


Floor Description

Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Unit(s)

Exterior/Building Features

Lot Size

0.17 Acres


Exterior Features

Wood Products


Lot Features

Corner Lot, Paved, Sidewalk


Roof

Torch Down


Sewer

Sewer Connected

School Information

School District

Renton

Other Property Details

Area Name

350 - Renton/Highlands


Taxes

$8,993


Tax Frequency

Annually


Garage

No


Parking Total

3


View

No


County

King


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/6/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/6/2024 at 6:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 10/6/2024 at 6:00 PM UTC 

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