Listing provided courtesy of Keller Williams EastsideNWMLSas Distributed by MLSGrid- MLS# NWM2498022
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Request Info1409 Union Avenue NERenton, WA 98059
Multi-Family · 0.23 Acres$650,000
Active
1409 Union Avenue NE Overview
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PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey holding asset capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for Civic and Limited Commercial uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.
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1409 Union Avenue NE Facts & Features
- Type Multi-Family
- Lot 0.23 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Renton
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Net Operating Income: 0
- Total Expenses: 0
- Total Monthly Income: 0
- Water/Sewer/Garbage: 0
Building Information
- New Construction: No
- Year Built: 1957
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 350 - Renton/Highlands
- Subdivision Name: Renton
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 0423059181
- Possible Use: Multi-Family
- Property Condition: Average
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Hardwood, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 0
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 5
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.2342
- Lot Size Square Feet: 10200
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Construction Methods: Standard Frame
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 1
- Exterior Features: Wood Products
- Number Of Units Total: 0
- Sewer: Sewer Connected
1409 Union Avenue NE Neighborhood
Community
98059 (Renton) Demographics
39
Median Age
2,031
Population Density (per sq. mile)
55%
College Educated
$109,565
Estimated Median Income
11,100
Estimated Total Home Owners
2,916
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1409 Union Avenue NE Monthly Cost
1409 Union Avenue NE Market Data
Based on the last 30 days in this zip code
$1,231,773
Average List Price
$521
Average Price per Square Foot
38
Properties Sold
63
Average Days on Market
209
Properties for Sale
1409 Union Avenue NE History
| Date | Value | Agent |
|---|---|---|
| 4/3/2026Source: NWMLS | April 03, 2026 |
|
| 7/27/2022Source: NWMLS | Sold |
|
| 6/20/2022Source: NWMLS | May 13, 2022 |
|
| 6/10/2022Source: NWMLS | Pending |
|
| 6/4/2022Source: NWMLS | Pending BU Requested |
|
| 5/26/2022Source: NWMLS | Active |
|
| 5/20/2022Source: NWMLS | Pending |