WA > Renton > Benson Hill
Renton, WA 98055,16240 114th AVE SE
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Renton, WA 98055,16240 114th AVE SE
Renton, WA 98055,16240 114th AVE SE
Renton, WA 98055,16240 114th AVE SE
Renton, WA 98055,16240 114th AVE SE
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Niki Shelton

Niki Shelton

+1(360) 710-4742
Listed by KW Greater Seattle
$ 899,500
Est. payment /mo
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Active

16240 114th AVE SE Renton, WA 98055

6 Beds

3 Baths

2,434 SqFt

UPDATED:

02/02/2025 04:39 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,434 sqft

Price per Sqft $369

Subdivision Benson Hill

MLS Listing ID 2327598

Style 53 - Tri-plex

Bedrooms 6

Year Built 1952

Annual Tax Amount $5,051

Lot Size 0.294 Acres

Lot Dimensions 63\" by 197'

Property Description

This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a two-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It's ready for drywall and finishing touches, allowing you to unlock even greater rental potential.

Location

State WA

County King

Area 340 - Renton/Benson Hill

Interior

Interior Features Laminate Hardwood, Wall to Wall Carpet

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Wood

Amenities Available Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, RV Parking

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Cascade Elem

Middle Schools Nelsen Mid

High Schools Lindbergh Snr High

School District Renton

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent

Niki Shelton

Broker | License ID: 120959

+1(360) 710-4742

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16240 114th AVE SE