509 Cedar Avenue S Renton, WA $ 649,950
509 Cedar Avenue S
$ 649,950
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509 Cedar Avenue S

Renton, WA, 98055
$ 649,950
Baths0.0 Sq 1,553

Monthly Estimate*

$ 3,893

Listed by Specialty Real Estate Group
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View a Virtual Tour
Studio

Multi-Family Home for sale in Renton, WA

for $649,950. This 1,553 square foot home was built in 1939 on a lot size of 0.1377.

Move-in-ready duplex located on Renton's best street Cedar Ave. Scenic Renton Hill neighborhood a short walk away from Downtown Renton, offering Lake Washington and Seattle skyline views and on the same street neighboring million dollar+ homes. Thoughtfully renovated for the owner's personal use and currently set up as a furnished rental for both short and mid term guests. Many updates including new hardwood and LVP flooring, water heaters, furnace, washer/dryers (per unit), and driveway. Furniture may be optionally included. 85% occupancy on Airbnb during high season and $4250/mo rent on leases during low season. Easy access to Seattle/Eastside/Tacoma and SeaTac Airport, the Landing, Southcenter and recreation galore at many nearby parks.

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Multi-Family Pending

Price

$ 649,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,606

Style

Duplex

Lot Size

0.1377

Year Built

1939

Town/City

Renton

County/Region

King

MLS | Web ID

2275333

Features
General
Interior Features Ceramic Tile
Sewer Sewer Connected
Heating Baseboard Forced Air Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood Wood Products
HOA 0
Security Features FullyFenced
Year Built 1939
View Territorial
Property SubType Multi-Family
Tax Year 2024
County King
Net Operating Income 36521
Insurance Expense 2870
New Construction N
Property Type Residential Income
Home Owner Assoc N
Subdivision Name Renton Hill
Possible Use Retail
Special Listing Conditions None
Status Pending
Directions From Renton take S 4th up Renton Hill and follow Cedar Ave S. House on right.
High School Renton Snr High
City Renton
View Y/N Y
Senior Community Y/N N
High School District Renton
Open Parking Spaces 2
NumberOfUnitsTotal 2
MLS Area 340 - Renton/Benson Hill
Lot Size Units Square Feet
Lot Size Square Feet 6000
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Terms Cash Out Conventional
Elementary School Talbot Hill Elem
Tax Annual Amount 5606
Electric Expense 2175
Fuel Expense 0
Middle/Junior High School Dimmitt Mid
Property Condition Very Good
Public Remarks Move-in-ready duplex located on Renton's best street Cedar Ave. Scenic Renton Hill neighborhood a short walk away from Downtown Renton offering Lake Washington and Seattle skyline views and on the sa
Leasable Area 1553
Virtual Tour https://my.matterport.com/show/?m=cW1MFPTqeB1&mls=1
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Water Company City of Renton
Units Below Grade false
Units In Building Total 2
Zoning Class Retail
Water Sewer Garbage 1697
Property Style 52 - Duplex
Cap Rate 5.6
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Interior
Flooring Ceramic Tile Engineered Hardwood
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Parking Features RV Parking
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 2
Foundation Details Poured Concrete Slab
Building Area Total 1553
Lot Size Acres 0.1377
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available RV Parking
Parking Uncovered Spaces 2
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Internal Only
OriginalMLSID NWM2275333
Street Number 1 509
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* Excluded Features
List By
Adrian Chu

Listing Agent

Specialty Real Estate Group

Broker

Affordability Calculator

$4,360
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,893
Monthly Property Taxes
$467
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256711 Elementary School
257645 Middle School
Renton Snr High High School
Pricing History
DatePricePrice ChangeDescription
8/8/2024$649,950 Listed Price

Map


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509 Cedar Avenue S, Renton, WA, 98055 is a Multi-Family Home for sale at $649,950 with 1,553 sqft and a lot size of 0.1377. 509 Cedar Avenue S is a studio with 0.0 baths and was built in 1939. The property's zip code is 98055 which is in Renton, WA