- – beds
- – baths
- 4,000 sqft
- ~1/2 acre lot
- $300 per sqft
- 1961 build
Investor alert! Fantastic opportunity in Renton with a cap rate nearing 6%. This well maintained triplex features three private units, each with separate entrances, spacious layouts, vaulted ceilings, and durable LVP flooring. Kitchens include white cabinetry and stainless appliances some recently updated. Major upgrades completed: plumbing, electrical, windows, gutters, main line and partial roof replacement. Located in a quiet neighborhood backing to a greenbelt and near top rated schools, trails, shopping and highways. Strong rental income and low maintenance make this a smart addition to any portfolio.
Last checked:
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Last updated Jul 11, 2025
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MLS# 2406577 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1961
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New Construction:false
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Structure Type:Triplex
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Roof:Composition
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Foundation Details:Poured Concrete
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Security Features:Partially Fenced
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Exterior Features:Wood Products
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# of Units Total:3
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Stories Total:3
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Building Area Total:4000
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Building Area Units:Square Feet
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Calculated SqFt:4000
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SqFt Source:4000
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Construction Materials:Wood
Interior
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Flooring:Vinyl Plank, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing, Subject to Tenant Rights
Location
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Latitude:47.455016
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Longitude:-122.086716
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Directions:From 169, turn S on 196th Ave se, turn on SE 162nd street, turn right on se 164th street house will be on your left.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Very Good
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Parcel Number:3023069059
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Lot Features:Open Space, Paved, Secluded
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Lot Size Units:Square Feet
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Lot Size Acres:0.59
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Lot Size SqFt:25700
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Lot Size Source:Title
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Zoning Description:Multi-Family
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Zoning Jurisdiction:City
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View:Territorial
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View:true
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (425) 455-2065
- Office phone:
- (425) 455-2065
Taxes
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Tax Year:2024
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Tax Annual Amount:9823
Beds
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Bedrooms Possible:9
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:90%+ High Efficiency, Forced Air
Utilities
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Water Company:Cedar River
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Water Source:Public
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Sewer:Septic Tank
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Sewer Company:Septic
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Power Company:Pse
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Tahoma
The Community
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Subdivision Name:Maple Valley Heights
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Parking Uncovered Spaces:8
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Parking Features:RV Parking
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Open Parking:true
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Open Parking Spaces:8
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Carport:false
Listing courtesy of NWMLS / Skyline Properties, Inc.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/11/25
Jul 11, 2025
|
Listed / Active | NWMLS | $1,200,000 | 20.6% (10.3% / YR) |
10/18/23
Oct 18, 2023
|
Sold | NWMLS | ||
9/14/23
Sep 14, 2023
|
Pending | NWMLS |