Refine Search
Map
Sort by
$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.

$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.

Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.