3D tour
$8,549 Closing Credit¹
#2327785, Sankari Subburaman, Listing Office: Keller Williams Rlty Bellevue
#2327598·
Listing Office: KW Greater Seattle·
Listing Agent: Michael J. Ross·
Listing Office Phone: 206-632-2636
$10,000
closing credit¹
16240 114th Ave SE Renton, WA 98055
$899,500 List price
$10,000
Closing credit¹
2,434 sqft
0.3 acres
$370 / sqft
House
Property details
About 16240 114th Ave SE
This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a two-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It’s ready for drywall and finishing touches, allowing you to unlock even greater rental potential.
Highlights
HeatingBaseboard, Forced Air
StatusActive
Size2,434 sqft
Lot size0.2938 Acres
Year built1952
ParkingRV Parking
MLS #2327598
ViewTerritorial
Summary
- MLS Number: 2327598
- MLS Name: NWMLS
- Office Name: KW Greater Seattle
- Office Phone: (206) 632-2636
- Listing Agent: Michael J. Ross
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 10:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,500
16240 114th Ave SE
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2018 | Home Sold | $306,000 |
| Jun 29, 2018 | Home Sold | $220,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $484,000 | $4,741 |
| 2021 | $383,000 | $4,357 |
| 2020 | $322,000 | $3,888 |
| 2018 | $305,000 | $3,613 |
| 2017 | $264,000 | $650 |
History based on county public records data.
Nearby schools
5
Cascade Elementary School
Public District KG-5
0.2 mi
•16022 116th Ave SE
5
Tiffany Park Elementary School
Public District KG-5
0.7 mi
•1601 Lake Youngs Way SE
2
Renton Park Elementary School
Public District KG-5
1.0 mi
•16828 128th Ave SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,427. Residents of Renton, WA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
19%
<35k
54%
35k-100k
25%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
11%
Single, with Kids
24%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Figure Skating
Hiking/backpacking
Where do the neighbors shop?
Dillards
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Logan's Roadhouse
Bob Evans
Chipotle
What do the neighbors drive?
Hyundai
Oldsmobile
Mazda
What do the neighbors listen to?
Rock
News
Christian Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Renton, WA
About 16240 114th Ave SE
This home is located at 16240 114th Ave SE in Renton, WA and zip code 98055. This 2,434 square foot home, which was built in 1952, sits on a 0.29 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $899,500.
In January 2025 more than 17 listings in Renton, WA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 41 were sold below. The number of homes for sale in Renton, WA decreased by 4.8% between December and January 2025. Listings spent 55 days on the market in January 2025, and had a median list price of $756,370 during the same period.
From Rocket Homes Real Estate and based on county public records data.