NOT LISTED FOR SALE

512 Mill Ave S Renton, WA 98057

Central Renton Neighborhood
-- Bed
-- Bath
8,801 Sq Ft
0.28 Acres

Last Sold January 28, 2021

Last sale price $3,200,000 $364 Per Sq Ft

95 Days on Market

Highlights

  • Lake View
  • Deck
  • High Speed Internet
  • 0.28 Acre Lot
  • Cul-De-Sac
  • Wall to Wall Carpet

About This Home

As of January 2021

Renton Hill 8 unit investment property w/ commanding city views! Turn-key fully renovated 2 bed, 2 bath units w/ 16 parking stalls. Unique opportunity awaits; 2 bldgs w/ 4 units each, parceled individually as condo’s. Private balconies w/ western views overlooking downtown Renton, Renton airport & Lake WA. Fully remodeled units to include all new cabinets, quartz counters, laminate flooring, ext doors, railings, lighting & newly paved parking lot! This low maint. bldg comes with a 5.6% CAP rate!

Last Agent to Sell the Property

Joe Bernasconi

Windermere Real Estate/PSR Inc License #101890 Listed on: 09/24/2020

Windermere Real Estate/PSR Inc

Last Buyer's Agent

Joe Bernasconi

Windermere Real Estate/PSR Inc License #101890 Listed on: 09/24/2020

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1668774

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,677

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 8,801 Sq Ft Home
  • 4-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Renton Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5529200010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,677

Year Built

Built in 1999 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8801
  • Special Features: None
  • Cumulative Days on Market: 428

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Metal
  • View: City, Lake, Mountain(s)
  • Lot Features: Alley, Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • WaterSewerGarbage: 2844

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 5529200010
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 17120

Multi Family

  • Gross Scheduled Income: 205440
  • Net Operating Income: 176085
  • Number Of Units Total: 8
  • Insurance Expense: 3786
  • Leasable Area: 8801
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 21677

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $3,200,000 0.0% $364 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $3,200,000 -- $364 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Bernasconi

    Seller's Agent in 2021

    Joe Bernasconi

    Windermere Corporate

    (253) 740-2119

    4 in this area

    70 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1668774

Northwest Multiple Listing Service (NWMLS)

Washington King County Renton 98057 Central Renton

512 Mill Ave S, Renton, WA

This home is located at 512 Mill Ave S, Renton, WA 98057 since 24 September 2020. This property was built in 1999. 512 Mill Ave S is a home located in King County with nearby schools including Dimmitt Middle School, Renton Senior High School, and Renton Preparatory Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. 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, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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