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$1,285,000 Just Listed
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Property 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, Booking.com, 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 #2484138. Also, perfect set up for new buyer to live in one of the units.
Full Property Details
Full Property Details for 621 Houser Way S
General
- Price: $1,285,000
- Taxes: $7,900 (2025)
- Status: Active
- Type: Business
- Source: NWMLS
- MLS ID: 2484144
- Updated: 4/24/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Storage
- Short Term: Yes
Interior
- Flooring: Vinyl Plank
Parking
- Uncovered Spaces: 4
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.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Cement/Concrete, Wood
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Year Built: 1900
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.1894
- Lot Size (Sq. Ft.): 8,250
- Lot Size Source: Realist
- Topography: Level
- Zoning: Business, Multi-Family, Residential
Financial Considerations
- Tax Amount: $7,900
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Surveyed: false
- Property ID: 7839300130
Listed by Craig Ruden | Best Choice Realty LLC | (206) 886-3986
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Schools
Schools serving 621 Houser Way S
School District:Renton School District
| Name | Grades | Distance |
|---|---|---|
Bryn Mawr Elementary School 8212 South 118th Street, Seattle, WA 98178 | K-5 | 1.7 mi |
Dimmitt Middle School 12320 80th Avenue South, Seattle, WA 98178 | 6-8 | 1.4 mi |
Renton Senior High School 400 S 2nd St, Renton, WA 98055 | 9-12 | 0.3 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
Date
Details
Price
Change
Source
4/23/2026
Listed
$1,285,000
54.82%
MLS
2/08/2023
Sold
$830,000
—
Public Record
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 621 Houser Way S
621 Houser Way S, Renton, WA 98057 (MLS# 2484144) is a Business property. 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 Business real estate for sale in Renton? You can browse all Renton real estate or contact a Coldwell Banker agent to request more information.

