16240 114th Avenue SE, Renton, WA 98055 (MLS # 2323323)

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Listing provided courtesy of Northwest MLS; KW Greater Seattle

PRICE $899,500 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,480 sqft
LOT SIZE 12,798 sqft

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.

LAST UPDATED 1/29/2025 TRACT Benson Hill
YEAR BUILT 1952 COMMUNITY Benson Hill
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Cascade Elem
Jr. High School Nelsen Mid
High School Lindbergh Snr High


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Electric Water Heater, Refrigerator, Water Heater
AREA 340 - Renton/Benson Hill
BASEMENT None
CONSTRUCTION Metal Siding, Vinyl Siding, Wood Siding
HEAT Baseboard, Electric, Forced Air, Natural Gas
INTERIOR Dining Room, Double Pane/Storm Window, Laminate Hardwood, Wall to Wall Carpet, Water Heater
LOT 0.2938 acre(s)
LOT DESCRIPTION Paved
LOT DIMENSIONS 63" by 197'
MLS STATUS Active
PARKING Driveway
PRIMARY ON MAIN Yes
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Benson Hill
TAXES 5051
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
MORTGAGE CALCULATOR
   

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/4/25 8:54 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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