Listing provided courtesy of Keller Williams EastsideNWMLSas Distributed by MLSGrid- MLS# NWM2498022MLS Provider

1409 Union Avenue NERenton, WA 98059

Multi-Family · 0.23 Acres
$650,000 Active

1409 Union Avenue NE Overview

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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.

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1409 Union Avenue NE Facts & Features

  • Type Multi-Family
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Renton

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Total Expenses: 0
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1957

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 350 - Renton/Highlands
  • Subdivision Name: Renton

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 0423059181
  • Possible Use: Multi-Family
  • Property Condition: Average
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 0
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 5
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.2342
  • Lot Size Square Feet: 10200
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Methods: Standard Frame
  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Wood Products
  • Number Of Units Total: 0
  • Sewer: Sewer Connected

1409 Union Avenue NE Neighborhood

Community

98059 (Renton) Demographics

39
Median Age
2,031
Population Density (per sq. mile)
55%
College Educated
$109,565
Estimated Median Income
11,100
Estimated Total Home Owners
2,916
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1409 Union Avenue NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1409 Union Avenue NE Market Data

Based on the last 30 days in this zip code

$1,232,969
Average List Price
$521
Average Price per Square Foot
38
Properties Sold
63
Average Days on Market
208
Properties for Sale
Calculations provided by Reliance Network

1409 Union Avenue NE History

Date Event Value Agent
4/3/2026Source: NWMLS Added to Database
April 03, 2026
7/27/2022Source: NWMLS Status Change
Sold
6/20/2022Source: NWMLS Added to Database
May 13, 2022
6/10/2022Source: NWMLS Status Change
Pending
6/4/2022Source: NWMLS Status Change
Pending BU Requested
5/26/2022Source: NWMLS Status Change
Active
5/20/2022Source: NWMLS Status Change
Pending