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  • $1,187,500

    1409 Monroe Ave NE, Renton, WA 98056

    6beds
    3baths
    2,090sqft
    Multi Family
    Built in 1942
    -- sqft lot
    $1,187,500 Zestimate®
    $568/sqft
    $2,640 Estimated rent

    Home value

    $1,187,500

    $1.13M - $1.25M

    $2,640/mo

    Zestimate® history
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    $2,640/mo

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    $2,640/mo

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    $7,254/mo

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    $7,254/mo

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    What's special

    This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $50,400 annually with potential to reach $73,560. Investors can boost rental income to market rates or leverage permits for redevelopment into 35 apartments and 5,000 square feet of commercial space. Explore options like townhouse condos or commercial-only setups. Situated in a thriving urban village near Renton Highlands, with nearby projects adding 700 multifamily units, 100 townhouses, and 40,000 square feet of retail space. Ideal for visionary investors seeking growth and opportunity, just minutes from shopping and dining! 2026-07-10

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Berkshire Hathaway HomeServices NW,MLS#: NWM2430021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,090
    • Total interior livable area: 2,090 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Stories: 1
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 0423059104

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Composition
    Condition
    • Year built: 1942

    Community & HOA

    Community
    • Subdivision: Renton
    Location
    • Region: Renton

    Financial & listing details

    • Price per square foot: $568/sqft
    • Tax assessed value: $790,000
    • Annual tax amount: $8,521
    • Date on market: 9/11/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/12/2026Price change$1,300,000-5.8%$622/sqft
    Source: Berkshire Hathaway HomeServices NW #NWM2430021 Report a problem
    9/11/2025Listed for sale$1,380,000+6.2%$660/sqft
    Source: Berkshire Hathaway HomeServices NW #NWM2430021 Report a problem
    6/16/2023Sold$1,300,000-3.7%$622/sqft
    Source: NWMLS as distributed by MLS GRID #2022241 Report a problem
    5/10/2023Pending sale$1,350,000$646/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2022241 Report a problem
    4/13/2023Price change$1,350,000-12.9%$646/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2022241 Report a problem
    1/2/2023Listed for sale$1,550,000+124.6%$742/sqft
    Source: NWMLS as distributed by MLS GRID #2022241 Report a problem
    4/15/2016Sold$690,000-1.3%$330/sqft
    Source: NWMLS as distributed by MLS GRID #823692 Report a problem
    8/8/2015Pending sale$699,000$334/sqft
    Source: John L Scott Real Estate #766490 Report a problem
    7/17/2015Price change$699,000-5.5%$334/sqft
    Source: John L Scott Real Estate #766490 Report a problem
    6/26/2015Listed for sale$740,000$354/sqft
    Source: John L Scott Real Estate #766490 Report a problem
    6/9/2015Pending sale$740,000$354/sqft
    Source: John L Scott Real Estate #766490 Report a problem
    4/11/2015Price change$740,000+5.7%$354/sqft
    Source: John L Scott Real Estate #766490 Report a problem
    3/16/2015Listed for sale$700,000-12.5%$335/sqft
    Source: Owner Report a problem
    12/2/2014Listing removed$800,000$383/sqft
    Source: John L Scott Real Estate #631203 Report a problem
    5/3/2014Listed for sale$800,000+310.3%$383/sqft
    Source: John L Scott Real Estate #629768 Report a problem
    8/7/1998Sold$195,000$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,521 +8.6%$790,000 +3.1%
    2024$7,848 +1.3%$766,000 +7.9%
    2023$7,748 -4.4%$710,000 -13.5%
    2022$8,104 -15.2%$821,000 -3.1%
    2021$9,553 +12.8%$847,000 +18.5%
    2020$8,466 +3.4%$715,000 +0.8%
    2019$8,186 +6.3%$709,000 +2.6%
    2018$7,699 -5.2%$691,000 +10%
    2017$8,118 +138.9%$628,000 +14%
    2016$3,398 $551,000 +36.7%
    2015$3,398 $403,000 +50.4%
    2014$3,398 $268,000 +28.8%
    2013$3,398 $208,000 -8.8%
    2012-- $228,000 -2.1%
    2011-- $233,000 +25.3%
    2010-- $186,000
    2009-- $186,000 +2.2%
    2007-- $182,000 +9%
    2006-- $167,000
    2005-- $167,000 +17.6%
    2000$1,843 $142,000
    Find assessor info on the county website

    Neighborhood: President Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,187,500
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    Estimated market value
    $1,187,500