503 Houser Way S

Beds
Baths
2,304 Sq. Ft.
$286 / Sq. Ft.
2,304
Sq. Ft.
$286
per Sq. Ft.

Description

Wonderful investment opportunity in downtown Renton! Well-maintained 4-plex consists of two 2-bedroom townhouse units, and two 1-bedroom units. Over $50K Updates throughout: newer deck, hot water tanks, interior paint and appliances, newer laminate floor. A fabulous location within walking distance of transit center, shopping, restaurants. Includes 6 total parking spots and minimal landscape maintenance. Nearby are public parks, Renton Technical College, Boeing, The Landing and Southcenter Mall.Wonderful investment opportunity in downtown Renton! Well-maintained 4-plex consists of two 2-bedroom townhouse units, and two 1-bedroom units. Over $50K Updates throughout: newer deck, hot water tanks, interior paint and appliances, newer laminate floor. A fabulous location within walking distance of transit center, shopping, restaurants. Includes 6 total parking spots and minimal landscape maintenance. Nearby are public parks, Renton Technical College, Boeing, The Landing and Southcenter Mall.
  1. Listed by Lijia Silverberg • Better Properties Eastside
    P: (425)-990-3333 omsamimi@msn.com
  2. Listed by Tracy Zheng • Better Properties Eastside
    P: (425)-990-3333 cuixiuzheng100@gmail.com

Property Details for 503 Houser Way South

Community Name
Downtown Renton
School District
Renton
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
09-26-2019
Sewer
Sewer Connected
LISTING CLOSED: 11/06/2019 12:00 AM

Property Details for 503 Houser Way South

StatusSold
MLS #1523203
Days on Market7
Cumulative Days on Market7
Taxes$6,186 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.10 AC / 4,165 SF
CountyKing County

Location

Listing Courtesy of Better Properties Eastside

Sold By Best Choice Realty LLC

Add your commute

Building Information for 503 Houser Way South

Stories2Residences4Year Built1986Building Size-Lot Size0.10 AC / 4,165 SF

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$3,804 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,289

Property Taxes

$516

HOA Dues

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Property Information for 503 Houser Way South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, Fenced-Fully, Patio
  • Area: _340RentonBensonHi
  • Block: 36
  • Elementary School: Bryn Mawr Elem
  • Middle Or Junior School: Dimmitt Mid
  • High School: Renton Snr High
  • Effective Year Built Source: Public Records
  • Directions: Exit 2 from 405, north on Rainier 2 blks, east on 7th St, north on Morris Ave S, east on Houser Way
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 1.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl
  • Features: Laminate Tile
  • Amenities: Coin Op Laundry,Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water/Sewer/Garbage: 6158
  • Power Company: PSE
  • Sewer Company: City of Renton
  • Water Company: City of Renton
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 2
Lot Information
  • Lot Details: Alley, Corner Lot, Paved, Sidewalk
  • Lot Size Dimensions: 4165
  • Lot Number: 9
  • Lot Size Source: KCR
  • Parcel Number Free Text: 7840300045
  • Building Condition: Good
  • Calculated Square Footage: 2304
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2304.0
  • 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: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $444
  • Total Expenses: 15439
  • Gross Adjusted Income: 54326
  • Gross Rent Multiplier: 8
  • Gross Scheduled Income: $54,326
  • Insurance Expense: $1,133
  • Net Operating Income: $38,887
  • Other Expenses: $1,517
  • Total Monthly Income: 4835
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2304.0
  • Leasable Area Units: Square Feet

Property History for 503 Houser Way South

DateEvent & SourcePriceAppreciation
Nov 6, 2019

Sold

NWMLS #1523203

$660,000
Nov 4, 2019

Sold (Public Record)

Public Record #656627202

$660,000

+11.5% / yr

Oct 3, 2019

Pending

NWMLS #1523203

DateEvent & SourcePrice
11/06/2019

Sold

NWMLS #1523203

$660,000
11/04/2019

Sold (Public Record)

Public Record #656627202

$660,000

+11.5% / yr

10/03/2019

Pending

NWMLS #1523203

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

Public Records for 503 Houser Way South

Taxable ValueLand$174,000Additions$559,000Total$733,000
Tax Record2025$8,383 ($699 / month)
Home Facts
Total Finished SqFt2,304 SqFtAbove Ground SqFt2,304 SqFtStories2Lot Size4,165 SqFtStyleMulti-Family Dwelling (2-4)Year Built1986Year Renovated1997ZoningR-14CountyKINGAPN784030-0045

Schools near 503 Houser Way 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 Better Properties Eastside

Based on information submitted to the MLS GRID as of 09/05/2024 05:38 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.