621 Houser Way S

4
Baths
2,930 Sq. Ft.
$439 / Sq. Ft.
2,930
Sq. Ft.
$439
per Sq. Ft.

Description

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with...Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.44! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.
  1. Listed by Craig Ruden • Best Choice Realty LLC
    P: (206)-886-3986 craigruden@hotmail.com

Property Details for 621 Houser Way South

Community Name
Downtown
School District
Renton
Number of Assigned Spaces
6
Total Covered Parking
1
Entry Date
04-23-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 04/24/2026 09:13 AM

Property Details for 621 Houser Way South

StatusActive
MLS #2484138
Days on Market1
Cumulative Days on Market1
Taxes$7,900 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.19 AC / 8,250 SF
CountyKing County

Location

Listing Courtesy of Best Choice Realty LLC
Add your commute

Building Information for 621 Houser Way South

Stories2Residences4Year Built1900Building Size-Lot Size0.19 AC / 8,250 SF

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$6,471

Property Taxes

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Property Information for 621 Houser Way South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Fenced-Partially, Gas Available, High Speed Internet, Patio
  • 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: From 405, exit to Talbot exit which turns in Smithers; then turn right onto Houser Way S. Property is on corner of Houser and Burnett.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Garage Spaces: 1.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • 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
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Amenities: Storage
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Furnace
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5547
  • Power Company: PSE
  • Sewer Company: City of Renton
  • Water Company: City of Renton
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Pillar/Post/Pier, Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1984
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 8250
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7839300130
  • Building Condition: Good
  • Calculated Square Footage: 2930
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2930.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 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: $4,937
  • Total Expenses: 54212
  • Gross Adjusted Income: 82739
  • Gross Rent Multiplier: 9.45
  • Gross Scheduled Income: $135,951
  • Insurance Expense: $6,458
  • Net Operating Income: $82,739
  • Other Expenses: $29,370
  • Total Monthly Income: 11329
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 915
  • Rent Unit 1: $3,424.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 915
  • Rent Unit 2: $3,424.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 400
  • Rent Unit 3: $2,266.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 1
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 400
  • Rent Unit 4: $2,266.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2930.0

Property History for 621 Houser Way South

DateEvent & SourcePriceAppreciation
Apr 23, 2026

Listed (Active)

NWMLS #2484138

$1,285,000—
Feb 10, 2023

Sold

NWMLS #2020322

$830,000—
Feb 8, 2023

Sold (Public Record)

Public Record #1505689515

$830,000

+4.2% / yr

DateEvent & SourcePrice
04/23/2026

Listed (Active)

NWMLS #2484138

$1,285,000
02/10/2023

Sold

NWMLS #2020322

$830,000
02/08/2023

Sold (Public Record)

Public Record #1505689515

$830,000

+4.2% / yr

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

Public Records for 621 Houser Way South

Taxable ValueLand$317,600Additions$474,400Total$792,000
Tax Record2024$18,373 ($1,531 / month)
Home Facts
Total Finished SqFt2,928 SqFtAbove Ground SqFt2,928 SqFtStories2Lot Size8,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1984ZoningR-14CountyKINGAPN783930-0130

Schools near 621 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 - 6 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

Griffin Home
Public6 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.

Similar Homes

Similar Sold Homes

621 Houser Way South is a multi-family home for sale in Renton, WA 98057. This property was listed for sale on April 23, 2026 by Best Choice Realty LLC, it's currently listed at $1,285,000. It has been on the market for a total of 1 days and was last sold on February 10, 2023. This listing's school district is Renton School District. Nearby schools include Bryn Mawr Elementary School, Dimmitt Middle School and Renton Senior High School. 621 Houser Way South is a 6-bed, 4-bath, 2,930 sqft multi-family home built in 1900.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Best Choice Realty LLC

Based on information submitted to the MLS GRID as of 04/24/2026 09:13 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.