Last Sold Price
2,674 sqft$309/sqft
411 S 5th St, Renton, WA 98057

Description

Investment opportunity fourplex with (4) one-bedroom, one-bathroom units in downtown Renton. Fully fenced front yard under grand shade trees and mature landscaping. Moments from downtown Renton, Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Fully rented building with several long-standing tenants. Coin operated laundry for additional income. Inspection report available upon request.Investment opportunity fourplex with (4) one-bedroom, one-bathroom units in downtown Renton. Fully fenced front yard under grand shade trees and mature landscaping. Moments from downtown Renton, Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Fully rented building with several long-standing tenants. Coin operated laundry for additional income. Inspection report available upon request.
LISTING CLOSED: 02/22/2022 12:00 AM

Property Details for 411 South 5th Street

Status
MLS #
1869944
Days on Market
19
Cumulative Days on Market
19
Taxes
$7,078 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1951
Lot Size
0.14 AC / 6,000 SF
Community Name
Downtown
School District
Renton
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
12-04-2021
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Coldwell Banker Bain

Sold By Coldwell Banker Bain

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Building Information for 411 South 5th Street

Stories1Residences4Year Built1951Building Size-Lot Size0.14 AC / 6,000 SF

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$4,783 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,193

Property Taxes

$590

HOA Dues

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Property Information for 411 South 5th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Fully, High Speed Internet, Sprinkler System
  • Area: 350 - Renton/Highlands
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: 405 to Talbot exit. Continue straight onto Smithers. Left on S 5th St. Building on the left.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Carpet
  • Features: Forced Air, Wall to Wall Carpet, Laminate
  • Amenities: Coin Op Laundry
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2000
  • Power Company: PSE
  • Sewer Company: City
  • Water Company: City
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1951
  • Photos Count: 7
Lot Information
  • Lot Details: Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7841300375
  • Building Condition: Good
  • Calculated Square Footage: 2674
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2674.0
  • 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: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $2,000
  • Total Expenses: 15515
  • Gross Adjusted Income: 48660
  • Gross Rent Multiplier: 18.07
  • Gross Scheduled Income: $48,660
  • Insurance Expense: $630
  • Net Operating Income: $33,145
  • Other Expenses: $1,528
  • Total Monthly Income: 4055
  • Fuel Expense: $2,279
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2674.0
  • Leasable Area Units: Square Feet

Property History for 411 South 5th Street

DateEvent & SourcePriceAppreciation
Feb 22, 2022

Sold

NWMLS #1869944

$825,000
Feb 14, 2022

Sold (Public Record)

Public Record #1484238577

$825,000

+5.0% / yr

Dec 23, 2021

Pending

NWMLS #1869944

DateEvent & SourcePrice
02/22/2022

Sold

NWMLS #1869944

$825,000
02/14/2022

Sold (Public Record)

Public Record #1484238577

$825,000

+5.0% / yr

12/23/2021

Pending

NWMLS #1869944

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

Public Records for 411 South 5th Street

Taxable ValueLand$219,000Additions$565,000Total$784,000
Tax Record2026$8,970 ($747 / month)
Home Facts
Baths3.8Total Finished SqFt2,674 SqFtAbove Ground SqFt2,674 SqFtStories1Lot Size6,000 SqFtStyleQuadraplexYear Built1951Year Renovated1990ZoningR-14CountyKINGAPN784130-0375

Schools near 411 South 5th Street

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 411 South 5th Street, Renton, WA 98057
$825,000
2,674
6,000
$640,000
4
1,730
6,000
$1,030,000
5
3,220
4,800
$440,000
2
1
970
3,698
$1,100,000
3,458
6,000
$89,700
2
810
6,000

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 Coldwell Banker Bain

Based on information submitted to the MLS GRID as of 09/05/2024 05:44 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.