1324 Jefferson Avenue NE Renton, WA 98056
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Bellevue Commons, Inc. / Doris Yuan

  1324 Jefferson Avenue NE Renton, WA 98056

Active (9 Days)
$1,100,000

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!

MLS #:
2294425
Taxes
$8,993(2024)
Lot Size
7,256 SQFT
Type
Multifamily
Year Built
1963
Style
4-Plex
School District
Renton
County
King County
Community
Highlands

Listed By

Doris Yuan, Windermere Real Estate/Bellevue Commons, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 5 2024 at 12:11 AM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Highlands
Lot Information
  • Sidewalk
  • Paved
  • Corner Lot
Property Features
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall Unit(s)
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Wood Products
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2024 10/4/24 17:11. 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.