621 Houser Way S, Renton, WA 98057 (MLS # 2484138)
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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.
| LAST UPDATED | 4/23/2026 | TRACT | Downtown |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Downtown |
| GARAGE SPACES | 1.0 | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 350 - Renton/Highlands |
| CONSTRUCTION | Cement Siding, Wood Siding |
| GARAGE | Yes |
| HEAT | Electric, Natural Gas, Wall Furnace |
| LOT | 8250 sq ft |
| LOT DESCRIPTION | Curbs, Paved, Sidewalk |
| LOT DIMENSIONS | 8250 |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Downtown |
| TAXES | 7900 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/24/26 9:27 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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