856 Harrington Avenue NE, Renton, WA 98056

$1,000,000
2,400
SqFt

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Listing courtesy of COMPASS. Selling Office: eXp Realty.

Sold Price
$1,000,000
List Price
$1,049,000
Status
SOLD
MLS#
2391983
Closing Date
Aug 26, 2025
Days on Market
43
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,400
Area Total SqFt
2400
Annual Tax Ammount
7362
Internet Provider
Comcast
Lot Size (sq ft)
6,750
Sewer
Sewer Connected

Property Description

Income-Producing 4-Plex in Prime Renton Highlands Neighborhood! Great opportunity to own a fully rented 4-unit property in a desirable, high-demand area. Each unit offers bright, spacious layouts wit separate utilities. Reliable tenants and steady monthly income make this a turnkey investment with upside potential. Rents are historically low- Raise rents, remodel and add value! Located across the street from Highlands brand new Park and Highlands Elementary- A top school- Transit, shopping a short walk away. In the up and coming neighborhood of Renton Highlands- 20 minutes to Bellevue and 10 to Boeing- Perfect for investors or owner-occupants. Don’t miss out on this cash-flowing gem! Seller retirement prompts sale. Seller financing possible

Additional Information

List Date
2025-07-14 00:00:00
Community
Renton
Net Operating Income
$55,048
Gross Adjusted Income
$54,300
Gross Scheduled Income
$72,000
Total Monthly Income
$5,950
Insurance Expenses
$2,190
Water/Sewer/Garbage Expenses
$6,400
Gross Rent Multiplier
15
Total Expenses
$17,052
Cap Rate
5
Total Number of Units
4
Unit Name
856
Potential Terms
Cash Out, Conventional
Year Built
1960
View
Mountain(s), Partial, Territorial
Roof
Composition
Site Features
Cable TV
Electric Expenses
1100
Energy Source
Electric
School District
Renton
Elementary School
Highlands Elem
Middle School
Mcknight Mid
High School
Renton Snr High
Total Monthly Income
$5,950
Gross Scheduled Income
$72,000
Gross Adjusted Income
$54,300
Tax Year
2025
Insurance Expense
$2,190
W/S/G Expenses
$6,400
Total Expenses
$17,052
Net Operating Income
$55,048
Gross Rent Multiplier
15
Cap Rate
5
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.
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