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$1,285,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 1 Car Garage
  • Updated 4 hours ago

Listed by Craig Ruden | Best Choice Realty LLC | (206) 886-3986

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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.

Full Property Details for 621 Houser Way S

General

  • Price: $1,285,000
  • Taxes: $7,900 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2484138
  • Updated: 4/24/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Flooring: Vinyl Plank

Additional Information

  • Amenities: Fenced-Partially, Gas Available, High Speed Internet, Patio
  • Security/Safety: Partially Fenced

Parking

  • Garage Spaces: 1
  • Covered Spaces: 1
  • Uncovered Spaces: 5

Location

  • Area: 350 - Renton/Highlands
  • County: King
  • Subdivision: Downtown
  • Driving 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.

School Information

  • High School District: Renton
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Cement Planked, Wood
  • Foundation: Pillar/Post/Pier, Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,930
  • Year Built: 1900
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.1894
  • Lot Size (Sq. Ft.): 8,250
  • Lot Size Source: Realist
  • Lot Dimensions: 8250
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $7,900
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7839300130

Listed by Craig Ruden | Best Choice Realty LLC | (206) 886-3986

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Schools serving 621 Houser Way S

School District:Renton School District
NameGradesDistance
Bryn Mawr Elementary School
8212 South 118th Street, Seattle, WA 98178
K-51.7 mi
Dimmitt Middle School
12320 80th Avenue South, Seattle, WA 98178
6-81.4 mi
Renton Senior High School
400 S 2nd St, Renton, WA 98055
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 621 Houser Way S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$1,285,000
54.82%
MLS
2/08/2023
Sold
$830,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 621 Houser Way S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,373
89%
$792,000
-5%
2024
$9,744
12%
$832,000
—
2022
$8,727
1%
$832,000
12%
2021
$8,633
—
$746,000
9%
2021
$8,633
20%
$685,000
23%
2020
$7,213
13%
$556,000
12%
2019
$6,366
5%
$498,000
20%
2018
$6,070
-1%
$415,000
—
2017
$6,109
23%
$415,000
10%
2016
$4,983
11%
$376,000
7%
2015
$4,472
1%
$353,000
14%
2014
$4,425
—
$310,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Craig Ruden | Best Choice Realty LLC | (206) 886-3986

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621 Houser Way S, Renton, WA 98057 (MLS# 2484138) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 621 Houser Way S is currently listed for $1,285,000 and was received on April 23, 2026. Want to learn more about 621 Houser Way S? Do you have questions about finding other Multi-Family real estate for sale in Renton? You can browse all Renton real estate or contact a Coldwell Banker agent to request more information.

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