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$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.

$849,950
4 Beds ⋅ 3 Baths ⋅ 2527238 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.

$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.

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