Sold
Last Sold Price
9,565 sqft$204/sqft
280 Morris Ave S, Renton, WA 98057
Multi FamilyProperty Type
5,757 sq ftLot Size
1936Year Built
$204/sq ftPrice per sq ft

Description

Charming, classic brick property located in the downtown core of Renton. Fully leased, well maintained and managed property by the same ownership for 20 years. Desirable floor plans with hardwood floors, cove ceilings and ample storage in a mix of studio, one and two bedroom units. Listed income includes the small office and two-stall garage, presently occupied by seller. High Walk Score of 97 - residents can walk to restaurants, services, entertainment, recreation and public transportation. On-site...Charming, classic brick property located in the downtown core of Renton. Fully leased, well maintained and managed property by the same ownership for 20 years. Desirable floor plans with hardwood floors, cove ceilings and ample storage in a mix of studio, one and two bedroom units. Listed income includes the small office and two-stall garage, presently occupied by seller. High Walk Score of 97 - residents can walk to restaurants, services, entertainment, recreation and public transportation. On-site laundry room and cozy outdoor courtyard for resident use.
  • Listed by: Tru Petrilli 206.818.7012 Tru@vestapro.com • Vesta Properties
Listing closed: 11/15/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2276309

Location

Listing Courtesy of Vesta Properties

Sold By Berkshire Hathaway HS NW

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Property Taxes

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Property Information for 280 Morris Avenue South

Property Details
  • Taxes: $22,018 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Downtown Renton
  • School District: Renton
  • View: City
  • Number of Assigned Spaces: 0
  • Total Covered Parking: 2
  • Entry Date: 08-09-2024
  • Energy Source: Electric
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 10
  • Year Built: 1936
  • Lot Size: 0.13 AC / 5,757 SF
Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Fenced-Fully, High Speed Internet, Outbuildings, Patio
  • Area: 340 - Renton/Benson Hill
  • Block: 6
  • Elementary School: Bryn Mawr Elem
  • Middle Or Junior School: Dimmitt Mid
  • High School: Renton Snr High
  • Effective Year Built Source: Public Records
  • Directions: Traveling South on I-405, take exit 2 and stay right for Rainier Ave S., Continue to travel North and take a right at 3rd Ave. S, take a left at Morris Ave. S. and the Roxy will be on your right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
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
  • Floor Covering: Hardwood, Laminate, Carpet
  • Features: Hardwood, Laminate, Wall to Wall Carpet
  • Amenities: Coin Op Laundry,See Remarks
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Torch Down
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8800
  • Power Company: PSE
  • Sewer Company: City of Renton
  • Water Company: City Of Renton
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Business,Commercial,Multi-Family,Office,Retail,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Business, Commercial, Multi-Family, Office, Retail, See Remarks
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1990
  • Photos Count: 13
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk, Value In Land
  • Lot Number: 1
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 7841800183
  • Calculated Square Footage: 9565
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9565.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 10
Financing / Income and Expenses
  • Electric Expense: $2,000
  • Total Expenses: 67295
  • Gross Adjusted Income: 178011
  • Gross Rent Multiplier: 10.65
  • Gross Scheduled Income: $187,380
  • Insurance Expense: $4,788
  • Net Operating Income: $128,281
  • Other Expenses: $27,389
  • Total Monthly Income: 15615
  • Fuel Expense: $2,300
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6749.0
  • Leasable Area Units: Square Feet

Property History for 280 Morris Avenue South

DateEvent & SourcePriceAppreciation
Nov 15, 2024

Sold

NWMLS #2276309

$1,955,000—
Nov 9, 2024

Sold (Public Record)

Public Record #1544916165

$1,955,000

+6.2% / yr

Aug 13, 2024

Pending

NWMLS #2276309

—
DateEvent & SourcePrice
11/15/2024

Sold

NWMLS #2276309

$1,955,000
11/09/2024

Sold (Public Record)

Public Record #1544916165

$1,955,000

+6.2% / yr

08/13/2024

Pending

NWMLS #2276309

—

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

Public Records for 280 Morris Avenue South

Taxable ValueLand$250,400Additions$1,628,600Total$1,879,000
Tax Record2026$21,137 ($1,761 / month)
Home Facts
Total Finished SqFt6,609 SqFtAbove Ground SqFt6,609 SqFtStories2Lot Size5,757 SqFtStyleMulti-Family Res (5+ Units)Year Built1936Year Renovated1990ZoningCDCountyKINGAPN784180-0183

Schools near 280 Morris 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 - PK 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

Out Of District Facility
PublicPK 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 Vesta Properties

Based on information submitted to the MLS GRID as of 12/16/2024 04:04 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.