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$420,000
3 Beds 2 Baths 2559730 MLS ACTIVE Status
Unlock the potential in this North Renton opportunity. Set on a fully fenced and gated 5,120 sq ft R-8 lot, this property offers two separate dwellings, ideal for investors, builders, or buyers looking to build equity through renovation. The main home is approximately 830 sq ft with 2 bedrooms and 1 full bath. It features baseboard heating and a roof estimated at 10–12 years old, giving you a solid starting point for updates. The layout is efficient and ready for your improvements. A second unit adds meaningful versatility with 1 bedroom and a ¾ bath, also heated by baseboards. This space is perfect for future rental income, multi-generational living, or a dedicated workspace. Both dwellings need renovation, but the upside is clear for those ready to bring vision and effort. The R-8 zoning provides additional flexibility for long-term planning or redevelopment. The corner lot offers easy street and alley access, usable space, privacy, and secure access with being fully fenced and gated, ideal for parking, storage, or contractor access during renovation. Conveniently located in downtown Renton, The Landing, parks, transit, and major commuter routes. Estate sale; property sold strictly as-is. A rare chance to reimagine two dwellings on a valuable lot in a growing neighborhood.

810 N 4th Street, Renton

Listing courtesy of RE/MAX Integrity.

$995,000
4 Beds 3 Baths 2535935 MLS ACTIVE Status
Exceptional investment opportunity featuring 2 detached homes on 1 lot in Downtown Renton. Perfect for investors seeking strong cash flow or owner-occupants looking to offset their mortgage by living in one home and renting the other. Currently generating $7,200/month ($86,400 annually) in gross rental income with an attractive 7.6% CAP Rate. One home is leased at $4,325/month to long-term tenants, while the second rents for $2,875/month. Both homes have been updated with newer roofs and exterior paint. Unit A has been fully renovated with new flooring, kitchen, bathroom, and appliances. Each home offers approximately 1,100 sq ft, 2 bedrooms, 1 bathroom, and full-size washer/dryer+ Addl studio living space for added income. Unlike many income properties, both homes feature spacious private yards. Unit A is accessed from Williams Ave N and includes driveway parking for 2 vehicles plus ample street parking. Unit B is accessed from the alley and features a fully fenced yard, detached 1-car garage, and additional off-street parking. Potential future condo overlay may allow the homes to be sold separately (buyer to verify). Turnkey investment with immediate income, owner-occupant flexibility, and long-term upside.

320 Williams Avenue N, Renton

Listing courtesy of Windermere Real Estate/PSR Inc.

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