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JRJeff ReynoldsCompass · Seattle

Listed by Craig Ruden, Best Choice Realty LLC

2,930
Square feet
$439
Per sq ft
Multi Family
Type
1900
Year built
8,250 sq ft
Lot
81
Days on market

About this property

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2484138
Listed
April 23, 2026
Days on market
81
Price per sq ft
$439

Unit & building

Stories in building
2
Units in building
4

Parking

Covered spaces
1
Total spaces
6

Construction

Year built
1900
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
Window Unit(s)
Energy source
ElectricNatural Gas

Flooring

Flooring
Vinyl Plank

Lot

Lot features
CurbsPavedSidewalk
Lot size
8,250 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
City of Renton
Sewer
City of Renton
Power
PSE

Schools

District
Renton
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Quadruplex
  • Composition
  • Wall Furnace
  • Window Unit(s)
  • Electric
  • Natural Gas
  • Vinyl Plank
  • Curbs
  • Paved
  • Sidewalk
  • Cash
  • Conventional

Listing history

  1. Listed

    $1,285,000

    April 23, 2026

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

$7,483

Principal & interest
$6,498
Property tax (est.)
$985

Assumes $257,000 down (20%), a $1,028,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.