Renton WA multi family properties | Duplex, triplex 4-plex for sale

Development Opportunity in Renton | 3-Property Assemblage Rare development opportunity in the City of Renton consisting of three properties offered together or potentially separately, subject to seller approval. Property Addresses: 2801 NE 16th Street, Renton, WA 2733 NE 16th Street, Renton, WA 1526 Harrington Avenue NE, Renton, WA This offering presents a strong opportunity for builders, developers, and investors. The site may offer the potential to build approximately 12 good-sized townhomes, subject to City of Renton approval, zoning, permits, utilities, design, and buyer’s feasibility review. The properties are currently rented on month-to-month leases, providing holding income while a buyer works through planning, permitting, and development feasibility.

1526 Harrington Avenue NE, Renton

Listing courtesy of Whisper Real Estate.

$1,300,000

2430021 MLS ⋅ ACTIVE Status

This exceptional property features 3 detached single-family homes on a 1/2-acre lot, currently earning $50,400 annually with potential to reach $73,560. Investors can boost rental income to market rates or leverage permits for redevelopment into 35 apartments and 5,000 square feet of commercial space. Explore options like townhouse condos or commercial-only setups. Situated in a thriving urban village near Renton Highlands, with nearby projects adding 700 multifamily units, 100 townhouses, and 40,000 square feet of retail space. Ideal for visionary investors seeking growth and opportunity, just minutes from shopping and dining!

1409 Monroe Avenue NE, Renton

Listing courtesy of Berkshire Hathaway HS NW.

$1,290,000

2526238 MLS ⋅ ACTIVE Status

This income producing building located in an amenity rich pocket of Renton. Brand new roof with many other great improvements. Washer and dryer are in each unit. Easy access to free way and close proximity to both Bellevue and Seattle. The building is two-stories, with nine surface parking stalls in the front and rear of the building. It consists of 4 one-bedroom and 1 two-bedroom units. The property sits on 6,939 square feet of land zoned CV and the building is approximately 3,232 net rentable square feet. It attracts to a wide range of residents. Attractive rental cap.

912 Glennwood Avenue NE, Renton

Listing courtesy of 5 Corners Realty LLC.

$1,285,000

2484138 MLS ⋅ ACTIVE Status

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.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

$1,285,000

2484144 MLS ⋅ ACTIVE Status

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 #2484138. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

$1,100,000

2522285 MLS ⋅ ACTIVE Status

Streamlined investment in ideal Renton Highlands location! 4 updated and rented units have LVP flooring, sparkling kitchens, and natural light throughout. Minutes away from Renton Landing, Boeing, local parks, Lake Washington, libraries, schools, shopping, and more. Well cared for, remodeled property as of 2022. New roof, gutters, Hardie Plank siding and windows. Easy landscaping makes maintenance a breeze. 2 2bd/1bth, 2 1bd/1 bth. 11 total parking spaces + street parking! Income producing w/ stable tenancy. New construction all around lends to the up-and-coming feel of the neighborhood. Easily take over and start your investment journey or add this incredible asset to your portfolio. 7/10 walkability neighborhood 9/10 silent zone, 0% vacancy in the last 8 years!

838 Harrington Avenue NE, Renton

Listing courtesy of Best Choice Realty LLC.

$1,090,000

2488130 MLS ⋅ ACTIVE Status

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$1,090,000

2455476 MLS ⋅ ACTIVE Status

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$1,050,000

2478536 MLS ⋅ ACTIVE Status

Ideal Owner-User Or Value-Add Opportunity

351 Park Avenue N, Renton

Listing courtesy of Kidder Mathews.

$1,000,000

2411229 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Rare riverfront duplex with bonus unit on single parcel in downtown Renton! Zoned CD and situated on the scenic Cedar River with walking trails at your doorstep. Property features two detached homes—each with a deck and water views. One home includes an upper-level 1BR/1BA rental unit; the other two units are spacious 3BR/1BA. All units include stove, dishwasher, and refrigerator. Two units currently rented below market. Live in one and rent out the others—ideal for house hacking or investment. Incredible location near shops, dining, and transit in Renton's vibrant core.

104 Main Avenue S, Renton

Listing courtesy of Keller Williams Realty PS.

$849,950

2519030 MLS ⋅ ACTIVE Status

Beautifully restored turn-of-the-century Craftsman duplex in the heart of Renton with approximately $5,000/month income potential. An exceptional opportunity for investors or owner-occupants—live in one unit and let rental income help offset your mortgage. The main-level home features warm fir floors, soaring ceilings, abundant natural light, cozy fireplace, 3 bedrooms, 1.5 baths, and an updated kitchen with quartz counters, stainless appliances, gas range, farmhouse sink, oversized island, butler's pantry, and utility room. The private upper-level unit offers its own entrance and view deck, vaulted ceilings, Craftsman millwork, exposed brick accents, built-ins, fireplace, full kitchen, spacious living area, bedroom, full bath with soaking tub and separate shower, washer/dryer, and tankless water heater. Additional features include air conditioning in both units, updated windows, plumbing, wiring, durable metal roof, basement storage, forced-air furnace, and tankless water heater. Enjoy the fully fenced yard, inviting front porch, mature landscaping, alley access, sliding privacy gate, and abundant off-street parking. Located on a quiet, sidewalk-lined street just minutes to Boeing, The Landing, downtown Renton, shopping, restaurants, parks, and easy freeway access. A rare opportunity to own a beautifully updated, income-producing property that combines historic charm with modern comfort. $15,000 buyer bonus!

145 Park Avenue N, Renton

Listing courtesy of eXp Realty.

$828,000

2534534 MLS ⋅ ACTIVE Status

Exceptional Investment Opportunity in the Heart of Renton! Seize this rare chance to own a turn-key, well-maintained duplex featuring two fully occupied units with a strong rental history. Each unit offers 1,060 sq. ft. of functional, one-level living space, including a primary ensuite plus two additional bedrooms and a full guest bath. With spacious living and dining areas bathed in natural light, these units are designed for long-term tenant satisfaction. Enjoy breathtaking mountain views from the upper unit! 8 parking spots. Strategically located minutes from I-405, Highway 900, and premier shopping, this property is a standout for investors seeking reliable income in a high-demand area.

361 Earlington Avenue SW, Renton

Listing courtesy of Bushnell Real Estate Solutions.

$795,000

2516886 MLS ⋅ ACTIVE Status

Investors and savvy home buyers, this unique property offers two, detached homes. House plus a studio cottage. Both in top condition. Ideal for owner-occupants seeking substantial rental income from a DADU or savvy investors looking for high income and an impeccable property. Live in one beautifully updated unit and rent the other, or rent both for excellent cash flow. Current main house tenant pays $3200mo. Tenant in studio pays $2100mo. Owner pays WSG and power. Cap rate of 7%. High-end remodel with designer tile work, modern heating & AC, and glowing hardwoods. Large, double lot with mature landscaping, perfectly situated between downtown Renton and the Renton Landing. A standout feature is the proximity to multi-family zoning, offering exciting future development potential. A fantastic opportunity for flexible living or a prime investment with upside!

436 Wells Avenue N, Renton

Listing courtesy of Next Horizon Realty.

$725,000

2501363 MLS ⋅ ACTIVE Status

Prime duplex investment in the heart of Renton! Strong rental potential & upside in rents. Unit 1 is 2bed/1bath/900SF & Unit 2 is 2bed+den/1bath/1000SF with $3470/mo income. Well maintained w/ shared laundry, 2 space carport parking with 2 extra off-street spaces & individual storage units. Located near Top Golf, The Landing with shopping and dining. WINCO market in the near future and spend weekends walking the Cedar River Trail. Next to Boeing HQ & close to major FWYS, this property attracts steady demand & LT growth. A rare chance to secure cash flow in a desirable location-ideal turnkey property for both seasoned investors. First-Time Buyers can live in one unit while collecting rent to help offset your mortgage. Ask about the $8000 First-Time Homebuyer Grant for owner occupied property & this home won't last long.

328 Burnett Avenue N, Renton

Listing courtesy of Berkshire Hathaway HS NW.

$650,000

2498022 MLS ⋅ ACTIVE Status

PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.

1409 Union Avenue NE, Renton

Listing courtesy of Keller Williams Eastside.

$180,000

2556196 MLS ⋅ ACTIVE Status

Established in 2019, this well-maintained teriyaki restaurant offers a fantastic opportunity in the heart of Renton. Featuring approximately 1,296 sq ft, the space includes a fully equipped commercial kitchen with a walk-in refrigerator, making it truly turnkey for an owner-operator or investor. Situated in a high-traffic area with strong local visibility, this business benefits from an established customer base and steady foot traffic. Ideal for continuing the current concept or bringing in a new food concept with minimal setup.

Renton

Listing courtesy of Keller Williams Realty PS.

$120,000

2517870 MLS ⋅ ACTIVE Status

Don’t miss this rare chance to step into a fully built-out restaurant in Renton at an unbeatable rent! Although the space is 850 sq ft, it is smartly designed and comes with a Type 1 hood, making it suitable for almost any cuisine. Whether you want to continue the current concept or launch your own, this space is ready to go. Fully equipped kitchen – save on buildout costs Type 1 hood (ideal for full cooking) Low monthly rent: $2,822 including NNN Great for takeout or small dine-in concepts A perfect opportunity for chefs and entrepreneurs looking to start strong with minimal overhead.

Renton

Listing courtesy of Keller Williams Realty PS.

RENTON WA MULTI FAMILY PROPERTIES FOR SALE

Search Renton WA duplex, triplex, 4-plex and investments

RENTON WA MULTI FAMILY LISTINGS

Alex Foraker

SEARCH

RESOURCES

About