543 Whitworth Avenue South

Renton, WA 98057

$769,000
Price
2
Beds
4
Baths
1,681 Sq. Ft.
$457 / Sq. Ft.
1,681
Sq. Ft.
$457
per Sq. Ft.

Description

Do not miss this investment opportunity in one of the fastest growing cities in the NW. The property sits in a mostly residential neighborhood. Renton 4 plex building that is not only easy to maintain but also boasts a walk score of 91, making it convenient for tenants. 2 studios and 2 one-bedroom units. Located close to Renton Landing, Boeing, Coulon Park on Lake Washington, and the freeway. This self-managed building has great potential with a projected 7%+ cap rate. Currently, one unit is vacant...Do not miss this investment opportunity in one of the fastest growing cities in the NW. The property sits in a mostly residential neighborhood. Renton 4 plex building that is not only easy to maintain but also boasts a walk score of 91, making it convenient for tenants. 2 studios and 2 one-bedroom units. Located close to Renton Landing, Boeing, Coulon Park on Lake Washington, and the freeway. This self-managed building has great potential with a projected 7%+ cap rate. Currently, one unit is vacant for an opportunity to house hack or remodel to achieve market rents. Each unit has 2 exterior secured storage spaces. 3-minute walk to downtown Renton. 15-minute drive to Bellevue. Property is zoned R14 for future potential development.
  1. Listed by Tim Bower • Berkshire Hathaway HS NW

Property Details for 543 Whitworth Avenue South

Community Name
Renton
School District
Renton
Number of Assigned Spaces
3
Total Covered Parking
0
Entry Date
04-10-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Berkshire Hathaway HS NW
Add your commute
LISTING UPDATED: 05/14/2024 12:07 PM

Property Details for 543 Whitworth Avenue South

StatusPending
MLS #2220510
Days on Market26
Cumulative Days on Market26
Taxes$7,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.11 AC / 4,800 SF
CountyKing County

Location

Listing Courtesy of Berkshire Hathaway HS NW
Add your commute

Building Information for 543 Whitworth Avenue South

Stories1Residences4Year Built1959Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$4,800 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,197

Property Taxes

$603

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 543 Whitworth Avenue South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 360 - Skyway Area
  • Effective Year Built Source: Public Records
  • Directions: Take a left on Whitworth the property is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
Exterior Features
  • Exterior: Wood
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 3600
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Letter On File: Duplicate Area
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 22
Lot Information
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7841300430
  • Building Condition: Good
  • Calculated Square Footage: 1681
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1681.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11736
  • Gross Adjusted Income: 4225
  • Gross Rent Multiplier: 15.8
  • Gross Scheduled Income: $4,225
  • Insurance Expense: $897
  • Net Operating Income: $38,964
  • Other Expenses: $0
  • Total Monthly Income: 4225
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 400
  • Rent Unit 1: $1,025.00
  • Bedrooms Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 400
  • Rent Unit 2: $1,000.00
  • Bedrooms Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 450
  • Rent Unit 3: $1,100.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 450
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1681.0
  • Leasable Area Units: Square Feet

Property History for 543 Whitworth Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 543 Whitworth Avenue South

Taxable ValueLand$201,600Additions$496,400Total$698,000
Tax Record2022$7,239 ($603 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Ground SqFt1,680 SqFtStories1Lot Size4,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated1988ZoningR-14CountyKINGAPN784130-0430

Schools near 543 Whitworth Avenue South

This home is within Renton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Bryn Mawr Elementary School
PublicK to 5

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Renton Online School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HS NW

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.