543 Whitworth Avenue South
543 Whitworth Avenue South
Renton, WA 98057
$799,950
Price
2
Beds
4
Baths
1,681 Sq. Ft.
$476 / Sq. Ft.
1,681
Sq. Ft.
$476
per Sq. Ft.
Listing provided courtesy of Berkshire Hathaway HS NW
Description
Do not miss this investment opportunity in one of the fastest growing cities in the NW. The property sits in a mostly residential neighborhood. Renton 4 plex building that is not only easy to maintain but also boasts a walk score of 91, making it convenient for tenants. Located close to Renton Landing, Boeing, Coulon Park on Lake Washington, and the freeway. This self-managed building has great potential with a projected 7%+ cap rate. Currently, one unit is vacant for an opportunity to house hack...Do not miss this investment opportunity in one of the fastest growing cities in the NW. The property sits in a mostly residential neighborhood. Renton 4 plex building that is not only easy to maintain but also boasts a walk score of 91, making it convenient for tenants. Located close to Renton Landing, Boeing, Coulon Park on Lake Washington, and the freeway. This self-managed building has great potential with a projected 7%+ cap rate. Currently, one unit is vacant for an opportunity to house hack or remodel to achieve market rents. Each unit has 2 exterior secured storage spaces. 3-minute walk to downtown Renton. 15-minute drive to Bellevue. Property is zoned R14 for future potential development.
- Listed by Tim Bower • Berkshire Hathaway HS NW
Property Details for 543 Whitworth Avenue South
Community Name
Renton
School DistrictRenton
Number of Assigned Spaces3
Total Covered Parking0
Entry Date04-10-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Berkshire Hathaway HS NW![]()
Add your commute
LISTING UPDATED: 04/10/2024 05:43 AM
Property Details for 543 Whitworth Avenue South
| Status | Active |
|---|---|
| MLS # | 2220510 |
| Days on Market | 19 |
| Cumulative Days on Market | 19 |
| Taxes | $7,239 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1959 |
| Lot Size | 0.11 AC / 4,800 SF |
| County | King County |
Location
Listing Courtesy of Berkshire Hathaway HS NW![]()
Add your commute
Building Information for 543 Whitworth Avenue South
Stories1Residences4Year Built1959Building Size-Lot Size0.11 AC / 4,800 SF
Payment Calculator
$4,969 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,366
Property Taxes
$603
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 543 Whitworth Avenue South
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 350 - Renton/Highlands
- Effective Year Built Source: Public Records
- Directions: Take a left on Whitworth the property is on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 3.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Wood
- Roof: Flat
Property
Utilities
- Water/Sewer/Garbage: 3600
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1988
- Photos Count: 22
Lot Information
- Lot Size Source: Realist
- Parcel Number Free Text: 7841300430
- Building Condition: Good
- Calculated Square Footage: 1681
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1681.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 3
- 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: $0
- Total Expenses: 11736
- Gross Adjusted Income: 4225
- Gross Rent Multiplier: 15.8
- Gross Scheduled Income: $4,225
- Insurance Expense: $897
- Net Operating Income: $38,964
- Other Expenses: $0
- Total Monthly Income: 4225
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 400
- Rent Unit 1: $1,025.00
- Bedrooms Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 400
- Rent Unit 2: $1,000.00
- Bedrooms Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 450
- Rent Unit 3: $1,100.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: D
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 450
- Rent Unit 4: $1,500.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1681.0
- Leasable Area Units: Square Feet
Property History for 543 Whitworth Avenue South
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 543 Whitworth Avenue South
Taxable ValueLand$201,600Additions$496,400Total$698,000
Tax Record2022$7,239 ($603 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Ground SqFt1,680 SqFtStories1Lot Size4,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated1988ZoningR-14CountyKINGAPN784130-0430
Schools near 543 Whitworth 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 - | K 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 | ||
Renton Online School 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Berkshire Hathaway HS NW
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.