Listing provided courtesy of Keller Williams EastsideNWMLSMLS# NWM2498022MLS Provider
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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.

Source: NWMLS, MLS#: NWM2498022

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  • Property Type
    Residential Income
  • Lot
    0.23 acres

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  • Median Age
    39
  • Population Density
    2,031
  • College Educated
    55%
  • Estimated Median Income
    $109,565
  • Estimated Total Home Owners
    11,100
  • Estimated Total Renters
    2,916
  • Owner / Renter Divide
    79% / 21%
  • Estimated Average Household Size
    3
  • Total Population
    40,693
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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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.

Life at 1409 Union Avenue NE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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