Listed by Gia Guo, MY International Real Estate
- Land
- Type
- 26,140 sq ft
- Lot
- 211
- Days on market
About this property
Rare investment and development opportunity! Two adjacent parcels for the price of $1.3M. 3401 NE 12th St and 1161 Olympia Ave NE (parcel #092305-9124 and 092305-9135). Two level lots offers combined total of approximately 39000 sqf/0.9 acre. RMF (Residential Multiple Family) Zoning, up to 20 units per acre. Utilities are on site. Two rental units on 1161 Olympia Ave NE. Next to a 29-unit-apartment building. Amazing location, close to freeways, dining, shopping, airport, parks, trails, and the lake. Sold as-is. Value is in the land.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Renton/Highlands area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2439950
- Listed
- October 1, 2025
- Days on market
- 211
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 26,140 sq ft
Terms
- Terms offered
- Cash Out
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- Available
- Sewer
- On Property
Schools
- District
- Renton
What stands out to you?
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- None
- Paved
- Cash Out
- Electricity Connected
- Natural Gas Available
- Available
- On Property
Listing history
Listed
$1,300,000
October 1, 2025
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$7,571
- Principal & interest
- $6,574
- Property tax (est.)
- $997
Assumes $260,000 down (20%), a $1,040,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM PDT. 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.