534 Smithers Avenue S, Renton, WA 98057

Active

534 Smithers Avenue S, Renton, WA 98057


Courtesy of: Jay Turney | Weichert, Realtors-Pillar NW
$985,000 Renton, WA 98057
  • 0.11 Acres
  • King County

Key Features

  • MLS ID: 2236757
  • Year Build: 1951
  • Status: Active
  • Property Type: Residential Income
  • Area: 340 - Renton/Benson Hill
  • Exterior: ["Brick","Wood Products"]
  • Address: 534 Smithers Avenue S, Renton, WA 98057
  • City: Renton
  • State: WA
  • Zip: 98057
  • County: King

Description

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.

Property Map

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.

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 7460 Woodlawn Avenue NE, Seattle, WA 98115

    Seattle, WA 98115

    Seller Financing. Prime Green Lake Location! This unique duplex sits one block off the lake and boasts a ten-year history of zero vacancy. Each unit has 4 bedrooms and 4 bathr...

    • $1,525,000
    • 0.04 Acres
    • King County
    MLS# 2220186, Courtesy of NWMLS
    Listing Agent: Bob S Wright
    Courtesy of: Capstone Commercial
    Learn More »
  • 13204 12th Avenue SW, Burien, WA 98146

    Burien, WA 98146

    Built in 1988, the Castlemonte is being offered to the market for the first time. The property is well located just north of downtown Burien and has been well maintained. It c...

    • $2,100,000
    • 0.31 Acres
    • King County
    MLS# 2223671, Courtesy of NWMLS
    Listing Agent: Nick Hemming
    Courtesy of: Paragon Real Estate Advisors
    Learn More »