Property Details

19019 SE 164th St

Renton, WA 98058

$1,150,000

Available

CBA# 715307 courtesy of CBA Listing firm: Skyline Properties, Inc

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Commercial

Property Type

4,000

Bldg Sq Ft

Units

6.00%

Cap Rate

1961

Year Built

Property Overview

Exceptional investment opportunity with strong income potential! This well-maintained triplex offers three separate units with private entrances, making it an ideal addition to any investment portfolio or a great option for multi-generational living. Two units are secured with long-term leases through 2027, while the third furnished unit provides flexibility for mid-term rental, long-term tenancy, or owner occupancy. Situated in a quiet neighborhood backing to a peaceful greenbelt, the property features soaring vaulted ceilings, spacious bedrooms, durable LVP flooring, and well-appointed kitchens with white cabinetry and stainless steel appliances, some recently updated. Extensive capital improvements include updated plumbing, electrical, windows, gutters, main sewer line, flooring, and a newer section of the roof, reducing future maintenance concerns. Conveniently located near parks, trails, shopping, dining, major commuter routes, and within the highly rated Tahoma School District. A rare opportunity to own a unique 9-bedroom income-producing property with stable cash flow, quality updates, and long-term upside.