121 Union Avenue NE, Renton, WA 98059
- $1,284,000
- 4,090
- SqFt
Listing courtesy of Windermere Bellevue Commons. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,284,000
- List Price
- $1,295,000
- Status
- SOLD
- MLS#
- 2381074
- Closing Date
- Jul 11, 2025
- Days on Market
- 6
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 4,090
- Area Total SqFt
- 4090
- Annual Tax Ammount
- 11875
- Lot Size (sq ft)
- 5,783
- Sewer
- Sewer Connected
Property Description
Fabulously located & full of opportunity—ideal for investors or savvy house hackers! This well-maintained triplex offers spacious townhome-style units, each w/2 beds & 1.5 baths, large kitchens, generous living & dining spaces, fireplaces, in-unit laundry, private backyard access & patio, 2 parking spots including a garage w/storage, & guest parking. Unique, self-managed 5 building community. Long-term month-to-month tenants. Some updating + opportunity to build value creating strong upside potential for increased revenues. Live in one & rent the others, or lease all for maximum income. Located close to I-405, great restaurants, shops, services & transportation options. 121 & 127 available individually or together. Love where you invest!
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Additional Information
- List Date
- 2025-07-05 00:00:00
- Community
- Maplewood Heights
- Net Operating Income
- $74,760
- Gross Adjusted Income
- $76,824
- Gross Scheduled Income
- $6,600
- Total Monthly Income
- $5,100
- Insurance Expenses
- $2,868
- Water/Sewer/Garbage Expenses
- $332
- Gross Rent Multiplier
- 16.41
- Total Expenses
- $15,579
- Cap Rate
- 5.75
- Vacancy Rate
- 3
- Total Number of Units
- 3
- Unit Name
- 121
- Potential Terms
- Cash Out, Conventional, State Bond
- Year Built
- 1989
- Roof
- Composition
- Electric Expenses
- 111
- Other Expenses
- 393
- Energy Source
- Electric, Wood
- School District
- Renton
- Elementary School
- Honeydew Elem
- Middle School
- Mcknight Mid
- High School
- Hazen Snr High
- Total Monthly Income
- $5,100
- Gross Scheduled Income
- $6,600
- Vacancy Rate
- 3
- Gross Adjusted Income
- $76,824
- Tax Year
- 2025
- Insurance Expense
- $2,868
- W/S/G Expenses
- $332
- Total Expenses
- $15,579
- Net Operating Income
- $74,760
- Gross Rent Multiplier
- 16.41
- Cap Rate
- 5.75
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.