Sold
Last Sold Price
4,578 sqft
13956 SE 173rd Pl, Renton, WA 98058
Multi FamilyProperty Type
0.15 acresLot Size
1967Year Built
$118/sq ftPrice per sq ft
8 carsParking Spaces

Description

Mixed-Use 4-PLEX in an ideal location right across the street from Fairwood shopping center. Very Well Maintained; Solid Turn-Key Investment Property generating abundant CASH FLOW. Currently receives $5035/mo. income @ 9% Cap Rate; market rent is $5490/mo. @ nearly a 10% CAP RATE! Unit mix consists of (3) 2bed/1bath residential units (2 are town-home-style) and (1) office/retail unit. Features (4) garages, coin-op laundry, new roof in 2008; lots of updates and upgrades throughout.Mixed-Use 4-PLEX in an ideal location right across the street from Fairwood shopping center. Very Well Maintained; Solid Turn-Key Investment Property generating abundant CASH FLOW. Currently receives $5035/mo. income @ 9% Cap Rate; market rent is $5490/mo. @ nearly a 10% CAP RATE! Unit mix consists of (3) 2bed/1bath residential units (2 are town-home-style) and (1) office/retail unit. Features (4) garages, coin-op laundry, new roof in 2008; lots of updates and upgrades throughout.
  • Listed by: Charles S. Burnett 206.935.3442 charles@soundrealtygroup.com • Keller Williams Seattle Metro
  • Listed by: Nicholas T. Vilvandre' 206.858.6800 nvilvandre@kw.com • Keller Williams Downtown Sea
Listing closed: 10/30/2015 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 846256

Recent comparable sales

Median sold price

$685,000

Avg days on market

27

Sale-to-list ratio

98.4%

Renton, WA

9 comparable properties found

$1,284,000 | 121 Union Avenue Northeast, Renton, WA 98059
1/29
1

$1,284,000

Sold 07/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,090
Square Feet
0.13
Acres
an aerial view of a house with a yard
1/11
2

$585,000

Sold 07/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.42
Acres
a view of backyard with green space
1/2
3

$500,000

Sold 10/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
$670,000 | 1428 Kirkland Avenue Northeast, Renton, WA 98056
1/8
4

$670,000

Sold 06/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,440
Square Feet
0.15
Acres
5

$3,400,000

Sold 10/17/24

Unavailable
Bedrooms
Unavailable
Bathrooms
4,931
Square Feet
4.77
Acres
6

$47,300,000

Sold 08/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
153,464
Square Feet
10.12
Acres
$1,200,000 | 13302 Southeast Petrovitsky Road, Renton, WA 98058
1/22
7

$1,200,000

Sold 04/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
33.03
Acres
a view of a lake view
1/2
8

$315,000

Sold 11/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
a view of a road with a yard and car parked
1/4
9

$685,000

Sold 10/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.69
Acres

Location

Listing Courtesy of Keller Williams Seattle Metro; Keller Williams Downtown Sea

Sold By Beacon Hill Realty

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30 year fixed, 6.71% Interest

Principal and Interest

$2,790

Property Taxes

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HOA Dues

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Property Information for 13956 Southeast 173rd Place

Property Details
  • Taxes: $6,314 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Fairwood
  • School District: Renton
  • Number of Assigned Spaces: 8
  • Total Covered Parking: 4
  • Entry Date: 09-10-2015
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 5
  • Year Built: 1967
  • Lot Size: 0.15 AC / 6,420 SF
Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, High Speed Internet
  • Area: _340RentonBensonHi
  • Effective Year Built Source: Public Records
  • Directions: Across the street from Fairwood shopping center.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2015
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Hardwood
  • Amenities: Coin Op Laundry,Thermal Windows
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 3000
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • Zoning Class: Multi-Family,Office,Residential,Retail
  • Possible Use: Multi-Family, Office, Residential, Retail
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1985
  • Photos Count: 13
Lot Information
  • Lot Details: Alley, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2473300020
  • Calculated Square Footage: 4578
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4578.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10314
  • Gross Adjusted Income: 64800
  • Gross Rent Multiplier: 8
  • Gross Scheduled Income: $64,800
  • Insurance Expense: $1,000
  • Net Operating Income: $54,486
  • Other Expenses: $0
  • Total Monthly Income: 5035
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4578.0
  • Leasable Area Units: Square Feet

Property History for 13956 Southeast 173rd Place

DateEvent & SourcePriceAppreciation
Oct 30, 2015

Sold

NWMLS #846256

$540,000
Oct 27, 2015

Sold (Public Record)

Public Record #558867684

$540,000

+0.4% / yr

Oct 16, 2015

Pending

NWMLS #846256

DateEvent & SourcePrice
10/30/2015

Sold

NWMLS #846256

$540,000
10/27/2015

Sold (Public Record)

Public Record #558867684

$540,000

+0.4% / yr

10/16/2015

Pending

NWMLS #846256

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

Public Records for 13956 Southeast 173rd Place

Taxable ValueLand$211,800Additions$714,000Total$925,800
Tax Record2026$11,701 ($975 / month)
Home Facts
Total Finished SqFt3,738 SqFtAbove Ground SqFt3,738 SqFtStories2Lot Size6,420 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1985ZoningOCountyKINGAPN247330-0020

Schools near 13956 Southeast 173rd Place

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
Renton Park Elementary School
PublicK to 5

Nelsen Middle School
Public6 to 8

Lindbergh Senior High School
Public9 to 12

H.O.M.E. Program
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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Seattle Metro; Keller Williams Downtown Sea

Based on information submitted to the MLS GRID as of 09/05/2024 05:29 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.