534 Smithers Avenue S Renton, WA $ 985,000
534 Smithers Avenue S
$ 985,000
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534 Smithers Avenue S

Renton, WA, 98057
$ 985,000
Baths0.0 Sq 2,739

Monthly Estimate*

$ 6,547

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Studio

Multi-Family Home for sale in Renton, WA

for $985,000. This 2,739 square foot home was built in 1951 on a lot size of 0.1102.

Rare 4-plex available in Renton. Great location-great tenants. Close to freeways/shopping/restaurants/etc. Lots of work done over the last few years incl new roof in 2021, exterior repairs & full ext paint in 2023, remodel of unit A in 2023/24 (drove vacancy). Recent improvements (& vacancy) skewing NOI/Cap Rate/etc. Long-term tenants in B, C & D (below market rents). Expect long-term for new tenant in A. B & C in good condition. D needs a lot of work, but current tenant content as-is for lower rent (also maintains lawn). Keep as is or bring your ideas. B available for showings w/2-hr min notice - other 3 units shown upon mutual. No sign. Please do not disturb tenants. Note: Sale in 2022 was for 53% ownership, not for the whole property.

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Multi-Family Active

Price

$ 985,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,953

Style

4-Plex

Lot Size

0.1102

Year Built

1951

Town/City

Renton

County/Region

King

MLS | Web ID

2236757

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing Tenant's Rights
Roof Composition
Exterior Features Brick Wood Products
HOA 0
Year Built 1951
Property SubType Multi-Family
Tax Year 2023
Building Name Smithers 1st addition
County King
Net Operating Income 8908
Insurance Expense 4383
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Renton
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-405 S take Exit 3/Talbot Rd right at bottom of ramp onto Talbot Rd S Continue North on Talbot Rd S Road name changes to Smithers Ave S property on the right between 6th & 5th.
City Renton
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Renton
Open Parking Spaces 0
NumberOfUnitsTotal 4
MLS Area 340 - Renton/Benson Hill
Lot Size Units Square Feet
Lot Size Square Feet 4800
Waterfront Y/N N
Carport Spaces 4
Carport Y/N N
Street Name Smithers
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 9953.53
Electric Expense 0
Fuel Expense 0
Public Remarks Rare 4-plex available in Renton. Great location-great tenants. Close to freeways/shopping/restaurants/etc. Lots of work done over the last few years incl new roof in 2021 exterior repairs & full ext
Leasable Area 2739
Structure Type Quadruplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City of Renton
Units Below Grade false
Units In Building Total 4
Zoning Class Multi-Family
Water Sewer Garbage 2944.56
Property Style 54 - 4-Plex
Cap Rate 0.9
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Building Area Total 2739
Lot Size Acres 0.1102
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
Lot Number 10
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Internal Only
OriginalMLSID NWM2236757
Street Number 1 534
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* Excluded Features
List By
Jay Turney

Listing Agent

Bellevue - Weichert, Realtors® - Pillar Northwest

Broker

Affordability Calculator

$7,376
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,547
Monthly Property Taxes
$829
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
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Nearby
257590 Elementary School
258645 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$985,000 Listed Price

Map


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534 Smithers Avenue S, Renton, WA, 98057 is a Multi-Family Home for sale at $985,000 with 2,739 sqft and a lot size of 0.1102. 534 Smithers Avenue S is a studio with 0.0 baths and was built in 1951. The property's zip code is 98057 which is in Renton, WA