16240 114th Avenue SE Renton WA 98055 Renton

16240 114th Avenue SE Renton WA 98055
Price	$ 899,500
Listing ID	2323323
Property Type	Residential
County	King
Neighborhood	Benson Hill
Beds	3
Baths	2
House Size	1480
Year Built	1952
Days on market	48

Listed By: KW Greater Seattle

Description

This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a three-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It’s ready for drywall and finishing touches, allowing you to unlock even greater rental potential.

Location

Financial Information

List Price: $ 899500

Taxes: $ 5051

Property Features

Direction Faces: West

Elementary School: Cascade Elem

Exterior Features: Metal/Vinyl, Wood

Flooring: Carpet, Laminate, Vinyl

Foundation Details: Poured Concrete

High School: Lindbergh Snr High

Interior Or Room Features: Dining Room, Double Pane/Storm Window, Laminate Hardwood, Wall to Wall Carpet, Water Heater

Levels: One

Lot Features: Paved

Middle Or Junior School: Nelsen Mid

Parking Features: Driveway

Roof: Composition

Sewer: Sewer Connected

Structure Type: House

View: Territorial

Water Source: Public

Elementary School: Cascade Elem

High School: Lindbergh Snr High

Middle Or Junior School: Nelsen Mid

MLS Area Major: 340 - Renton/Benson Hill

City: Renton

Subdivision Name: Benson Hill

Scan this QR code to see this listing online.
Direct link: https://www.searchproperties.eastsiderealestate.org/listings/direct/965a36a3e5f68d9ce9b89853082c5320

Listed By: KW Greater Seattle 206-632-2636

Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID.

IDX information is provided exclusively for consumers' personal non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.

Based on information submitted to the MLS GRID as of Friday, March 14, 2025 9:51 AM.

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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice