Listed by Lubaba Al-Arab, Keller Williams Eastside
- Multi Family
- Type
- 1957
- Year built
- 10,200 sq ft
- Lot
- 101
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2498022
- Listed
- April 3, 2026
- Days on market
- 101
Unit & building
- Stories in building
- 1
Parking
- Covered spaces
- 1
- Total spaces
- 5
Construction
- Year built
- 1957
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- Forced Air
- Energy source
- Electric
Flooring
- Flooring
- HardwoodCarpet
Lot
- Lot size
- 10,200 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Renton
- Sewer
- City of Renton
- Power
- PSE
Schools
- District
- Renton
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Quadruplex
- Composition
- Baseboard
- Forced Air
- Electric
- Hardwood
- Carpet
- Cash
- Conventional
Listing history
Listed
$650,000
April 3, 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
$3,785
- Principal & interest
- $3,287
- Property tax (est.)
- $498
Assumes $130,000 down (20%), a $520,000 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 July 14, 2026 at 12:15 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.