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$1,200,000   Price Analysis
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13958 SE 173rd Pl
Renton, WA 98058
Unknown bed None bath 3,738 SqFt ($321/SqFt)
6,420SqFt lot. Built 1967
Listed 2024-07-05, Taxes $11,369
Ⓧ USDA Ineligible
due to price & location

near Renton

Discover this rare 4-plex strategically located across from Safeway

* Sale Pending *

Restaurants and LA Fitness in desirable Fairwood Renton. Featuring sizeable 2-bedroom, 1-bath units spanning 935 sqft each, with the added convenience of garages. The units bast a mix of flat and townhouse layouts, ensuring appeal to various tenants seeking a comfortable living.

Unit #1: Recently upgraded with new LVP flooring, granite countertops , new cabinets and baseboard heaters. Unit #4: Fully remodeled with new LVP flooring, upgraded kitchen and bathroom. Renton is recognized for its rapid development and upcoming projects. Dont miss out on adding this exceptional property to your portfolio and secure consistent returns from day one.


Presented by Kevin Nguyen at
Skyline Properties, Inc.


Property MLS #2260588 from NWMLS

Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet

Bedrooms Possible: 8

Cooling Features: Forced Air
Heating Features: Forced Air
Heating Fuel: Electric
Heating: Yes

Wood Products

Covered Spaces: 4
Open Parking Spaces: 4
Open Parking: Yes
Parking Total: 8

Lot Description: Cul-de-sac, Curbs
Lot Size Acres: 0.1473829
Lot Size Square Feet: 6420

Coin Op Laundry

Gross Scheduled Income: 86760
Leasable Area: 3738
Leasable Area Units: Square Feet

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: 4
Unit-2 Description: 3
Unit-3 Description: 2
Unit-4 Description: 1
Unit-1 Square Feet: 935
Unit-2 Square Feet: 935
Unit-3 Square Feet: 935
Unit-4 Square Feet: 935
Unit 1 Total Actual Rent: 2066
Unit 2 Total Actual Rent: 1632
Unit 3 Total Actual Rent: 1450
Unit 4 Total Actual Rent: 2082

High School District: Renton

Renton Park Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Lindbergh Senior High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Nelsen Middle School is a public middle school located approximately 2.2 miles away.
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Maple Valley Christ is a private elementary school located approximately 0.5 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 10361
Source Listing Status: Pending
Country Region: US
County: King
Cap Rate: 5.75
Directions: From I-405 take exit 4 going East on Highway 169. Take a right on 140th Street up the hill to the highlands. The apartments will be on top of the hill across from the Safeway on 173rd Pl.
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1682
Area: 340 - Renton/Benson Hill
List Development Name: Renton
Source Neighborhood: Renton
Parcel Number: 2473300030
Street Suffix Modifier: Place
Subdivision: Renton
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2

YearAssessments
Building + Land
Total
Tax
2023$772,900 + $186,100
$959,000
$11,369
2022$441,300 + $179,700
$621,000
$8,848
2021$432,300 + $179,700
$612,000
$9,115
2020$441,000 + $154,000
$595,000
$8,771
2019$375,800 + $141,200
$517,000
$7,016
2018$323,200 + $134,800
$458,000
$7,108
2017$314,400 + $131,600
$446,000
$6,864
2016$308,400 + $131,600
$440,000
$6,951
2015$286,600 + $128,400
$415,000
$6,313
2014$289,500 + $115,500
$405,000
$6,656
2013$304,500 + $115,500
$420,000
$6,850
2012$271,500 + $115,500
$387,000
$6,345
2011$334,500 + $115,500
$450,000
$5,574
2009$384,500 + $115,500
$500,000
$5,808
2007$289,700 + $96,300
$386,000
$4,846

Listed 2024-07-05
$1,200,000
NWMLS
Sold 2012-01-05
$341,500
Public Record
Listing removed 2011-11-12
$369,000
NWMLS
Listed 2011-10-30
$369,000
NWMLS
Listing removed 2011-10-17
$369,000
NWMLS
Price Changed 2011-07-14
$369,000
NWMLS
Price Changed 2010-11-25
$399,000
NWMLS
Listed 2010-10-12
$439,000
NWMLS
Sold 1997-05-23
$200,000
Public Record

Net Operating Income: 69026
Operating Expense: 17734

Electric Expense: 691
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

Building Area Total: 3738
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 57
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 1992
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.