Listing provided courtesy of Best Choice Realty LLCNWMLSMLS# NWM2484138MLS Provider
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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.

Source: NWMLS, MLS#: NWM2484138

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  • Property Type
    Residential Income
  • Lot
    0.19 acres

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Cherie McNeal

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  • Median Age
    38
  • Population Density
    1,872
  • College Educated
    45%
  • Estimated Median Income
    $57,598
  • Estimated Total Home Owners
    1,334
  • Estimated Total Renters
    4,377
  • Owner / Renter Divide
    23% / 77%
  • Estimated Average Household Size
    2
  • Total Population
    11,534
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 621 Houser Way S


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/23/2026Source: NWMLS Added to Database
April 23, 2026
4/23/2026Source: NWMLS Added to Database
April 23, 2026
12/1/2022Source: NWMLS Added to Database
December 01, 2022
6/20/2022Source: NWMLS Added to Database
June 01, 2021