232 Burnett Ave S, Renton, WA 98057

Multifamily · Renton · Seattle-Bellevue metro, WA

Imagery suggests: urban mixed-use residential and retail, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 302 reachable multifamily buildings in Renton. Larger than 90% of multifamily buildings in Renton (median 6,852 SF), derived from assessor records.

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Building size: 164,476 SF, King County Assessor
Lot size: 42,000 SF, King County Assessor
Year built: 2001, King County Assessor
Stories: 3, King County Assessor
Predominant use: Apartments, King County Assessor
Units: 90, King County Assessor
Assessed value: $23,495,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $142.85/SF, derived from assessor records
Lot coverage: 392%, derived from assessor records
Vintage: 2000s vintage
Zoning: CD, King County
County use code: Apartment
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

225 Logan Ave S, Renton · 0.1 mi · 45,802 SF · built 1999 · assessed $40.07/SF
207 Main Ave S, Renton · 0.1 mi · 144,635 SF · built 2016 · assessed $229.81/SF
105 Wells Ave S, Renton · 0.2 mi · 3,792 SF · built 1945 · assessed $274/SF
306 Morris Ave S, Renton · 0.2 mi · 4,917 SF · built 1920 · assessed $209.88/SF
100 Logan Ave S, Renton · 0.2 mi · 1,908 SF · built 1953 · assessed $292.45/SF
280 Morris Ave S, Renton · 0.2 mi · 9,565 SF · built 1936 · assessed $196.45/SF

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Sale history and market context

MakeMe Estimate: $29,280,535 (estimated market value), with a likely range of $26,744,970 to $30,217,753 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $325K per unit at the midpoint (90 units).

Last sold: 2006-06-30 for $14,257,350 (recorded arm's-length sale).

Current ownership dates to 2006 (about 20 years) per recorded transfers.

2009-01-29: transfer from Private party to Wasatch Premier Metropolitan LLC (non-market transfer), rec. 20090129001255

2006-06-30: $14,257,350 from Metropolitan Place LLC to Private party, rec. 20060630003497

2000-07-07: $1,007,500 from Sheridan Properties LLC to Metropolitan Place LLC (part of a 4-parcel sale; price is the whole deal), rec. 20000710000846

1999-03-02: transfer from Private party to Sheridan Properties LLC (part of a 4-parcel sale; price is the whole deal), rec. 199903103037

1992-02-12: $790,500 from Private party to Private party (part of a 15-parcel sale; price is the whole deal), rec. 199204010866

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $12,374,000 (2011) to $23,495,000 (2026), up 90% over 15 years, per county tax rolls. The 2026 roll splits $23,495,000 into $1,764,000 land and $21,731,000 improvements.

Zoning: CD (per King County)

Lot: 42,000 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 81,504 SF; Basement, Parking 79,490 SF; Retail Store 3,482 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2018-10-23: Electrical, declared value $55,314 (Complete), permit E18005919

2018-08-31: Remodel, declared value $35,000 (Complete), permit B18004898

2018-08-10: Remodel, declared value $2,300 (Defunct), permit M18004374

2018-07-16: Remodel, declared value $55,314 (Complete), permit B17005637

2018-07-03: Electrical, declared value $40,000 (Complete), permit E18003622

2018-06-28: Plumbing, declared value $7,800 (Complete), permit P18003515

2017-10-27: Electrical, declared value $500 (Defunct), permit E17005058

2017-05-26: Electrical (Complete), permit E17002338

2016-09-16: Electrical, declared value $800 (Complete), permit E16005210

2014-04-23: Remodel, declared value $26,784 (Complete), permit E14002125

Source: King County permit records (newest first).