4 months on rocket

1409 Monroe Ave NE, Renton, WA, 98056

$1,380,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,090 SqFt
$660/SqFt
House

Location

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1409 Monroe Ave NE, Renton$1,380,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1942
HeatingBaseboard
CoolingHeat Pump
MLS #2272635
Lot Size0.50 Acres
StatusActive

About 1409 Monroe Ave NE

This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $45,600 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!

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Stories: 1
  • Living Area: 2,090 SqFt

Listing Office:

  • Office Name: Redfin
  • Office Phone: (253) 201-3130
  • Listing Agent: Brian Richards

Exterior Features

Exterior Information:

  • Exterior: Wood

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Sunset Blvd NE, south on Monroe Ave NE. On Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,380,000
  • Price Per SqFt: $660/SqFt

Tax Information:

  • Annual Amount: $8,466
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Renton, WA.

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Renton, WA

City

Med. Sold Price

$749.8K

Med. Price/SqFt

$398

Avg. Days On Market

36

# of Sold Homes

97

1409 Monroe Ave NE vs Renton

135 DAYS ON ROCKET

+99 Days

$1,380,000

+$630.1K More

$660/SqFt

+$261 More

KEY TAKEAWAY

This property is $630.1K more than the Median Sold Price and $261/SqFt more than other homes in Renton, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2272635

Listing Office:

  • Office Name: Redfin
  • Office Phone: (253) 201-3130
  • Listing Agent: Brian Richards

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:17:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 15, 2016Home Sold
$690,000
Aug 07, 1998Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,466$715,000
2018$7,699$691,000
2017$8,118$628,000

History based on county public records data.

Payment Calculator

$6,955

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,204

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4561556
2
/10

  • Highlands Elementary School

  • 2720 NE 7th St

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-4561557
4
/10

  • Sierra Heights Elementary School

  • 9901 132nd Ave SE

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-4561558
3
/10

  • Honey Dew Elementary School

  • 800 Union Ave NE

  • 0.80 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,061. Typical income of Renton, WA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1409 Monroe Ave NE

What is the listing price of this property?

The listing price of 1409 Monroe Ave NE property is $1,380,000.

What type of property is this?

The property 1409 Monroe Ave NE is a house located in Renton, Washington, 98056.

Is this property for sale now?

Active Listing: 1409 Monroe Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,466 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 15, 2016 for $690,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1409 Monroe Ave NE is 2,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1409 Monroe Ave NE is 1942.

Rocket Homes›Washington›King County›Renton›98056›1409 Monroe Ave NE

This home is located at 1409 Monroe Ave NE in Renton, WA and zip code 98056 in the East Renton Highlands neighborhood. This 2,090 square foot home, which was built in 1942, sits on a 0.50 acre lot. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $1,380,000.

In November 2024 more than 29 listings in Renton, WA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 43 were sold below. The number of listings in Renton, WA decreased by 19.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $749,815, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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