Property Attributes
- ID#2554439
- TypeSingle Family
- CountyKING
- CityRenton
- AreaRenton-Highlands
- NeighborhoodMaple Valley Heights
- Zip98058
- Style2 Stories w/Bsmnt
- Year Built1961
- Taxes$ 10107
- Price$ 1,099,500
- Bedrooms9
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4000
- Lot Size0.59 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Turnkey Cash-Flow Investment Opportunity! Incredible opportunity to own a fully leased, income-producing property backing a quiet greenbelt in the highly-rated Tahoma School District. This unique approximately 4,000 sq. ft. property features 9 bedrooms and 4 bathrooms thoughtfully configured into 3 separate, private living quarters under one roof, each with a private entrance. A rare setup for savvy investors seeking multiple income streams and long-term potential. Recent improvements include a septic system that was recently inspected and passed, upgraded main sewer and waste lines, updated plumbing and electrical, newer windows and gutters, a newer roof section, modern LVP flooring, and stainless-steel appliances. All three units are currently leased through 2027, providing immediate rental income without an immediate lease-up period. Conveniently located near parks, trails, shopping, dining, major commuter routes, and highly-rated schools. A truly unique investment property with stable occupancy and significant improvements already completed.
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School | Buyer To Verify High School |
| Price History | |
|---|---|
| 7/14/2026 | Listed $1,150,000 |
| 8/5/2026 | 5$1,099,500 |
General Features
| Living Area | 4000 |
|---|---|
| Sewer | Septic Tank |
| Heating | 90%+ High Efficiency,Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Partially Fenced |
| Year Built | 1961 |
| View | Territorial |
| Topography | Level,Partial Slope |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Maple Valley Heights |
| Facing Direction | North |
| Full Baths | 3 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From 169,turn S on 196th Ave SE. turn on SE 162nd street,turn right on SE 164th Street house will be on your left. |
| High School | Buyer To Verify |
| City | Renton |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Tahoma |
| MLS Area | 350 - Renton/Highlands |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 25700 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Buyer To Verify |
| Land Lease Y/N | No |
| Tax Annual Amount | 10107 |
| Middle/Junior High School | Buyer To Verify |
| Property Condition | Very Good |
| Public Remarks | Turnkey Cash-Flow Investment Opportunity! Incredible opportunity to own a fully leased,income-producing property backing a quiet greenbelt in the highly-rated Tahoma School District. This unique appr |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Cedar River |
| Property Style | 18 - 2 Stories w/Bsmnt |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Vaulted Ceiling(s) |
|---|---|
| Basement | Daylight,Finished |
| Flooring | Vinyl Plank,Carpet |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 1 |
| Total Bedrooms | 9 |
| Main Level Bedrooms | 4 |
| Total Baths | 4 |
| Bedrooms Possible | 9 |
| Power Production Type | Electric,Natural Gas |
| Baths Three Quarter Lower | 1 |
| Bedrooms Lower | 2 |
| Bedrooms Upper | 3 |
| Baths Full Upper | 1 |
| Baths Full Main | 1 |
| Baths Full Lower | 1 |
| Bathrooms | 3.75 |
Exterior Features
| Exterior Amenities | Wood Products |
|---|---|
| Vegetation | Brush,Garden Space |
| Parking Features | Driveway,RV Parking |
| Lot Features | Open Space,Paved,Secluded |
| Water Source | Public |
| Inclusions | Dishwasher(s),Dryer(s),Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 4000 |
| Lot Size Acres | 0.59 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,RV Parking |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98058
In The Neighborhood
Renton
$ 463,400
- Type
- Single Family | Active
- Size
- 1,440 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Real Broker LLC
Renton
$ 344,999
- Type
- Single Family | Active
- Size
- 720 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: The Agents Real Estate Group