$1,100,000
For Sale

1324 Jefferson Avenue NE

Renton, WA 98056
2756 sqft | 0.17 acres | #2294425
Listing OfficeWindermere Bellevue Commons
Browse 26 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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)59
  • Other
      • MLS #2294425
Tom SlomerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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