Active · Residential

19019 SE 164th Street , Renton, WA 98058

Renton, WA 98058

$1,099,500

9 bedrooms · 4 bathrooms · 4,000 sq ft

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Listing provided by Skyline Properties, Inc. · MLS #2554439 · Active

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About this property

$18,000 BUYER’S CREDIT! 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.

Property details

Property type: Single Family Residence
Year built: 1961
Lot size: 25,700 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $10,107 (2025)
Parking spaces: 0
School district: Tahoma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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