1324 Jefferson Avenue NE
Renton, WA 98056
2756 sqft | 0.17 acres | #2294425
Description
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!
Interior Details
- InteriorWall to Wall Carpet
Property Details
- Lot DescriptionCorner Lot, Paved, Sidewalk
- Exterior FeaturesFenced-Partially
- Exterior MaterialsWood Products
- Stories2
Measurements
- Acres0.1666
- Square Feet2756
Construction Details
- Property TypeMulti-Family
- Style54 - 4-Plex
Condition
- Year Built1963
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionHighlands
Location
- School DistrictRenton
- CountyKing
Financial Details
- Original List Price$1,100,000
- Taxes Annual$8,992
- Days on Market (Cumulative)36
Other
- MLS #2294425
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-10-08 23:13:08. 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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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Doris Yuan (#NWM97618)
Listing Office: Windermere Bellevue Commons (#NWM6391)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.