$974,995
 $5,234 est/mo Sourced by Back At You

320 Williams Avenue,Renton, WA 98057

Renton, WA 98057

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Description

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.

Details

MLS #2535935
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1909
Days On Site136
Listing Provided ByWindermere Real Estate/PSR Inc | Joe A. Bernasconi

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,260
Garage1
Acreage0.18

Taxes

Property6075

Area Information

StateWA
CountyKing
CityRenton
Zip Code98057
Area350 Renton | Highlands
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$974,995
low | high
Med:
$749,000
73.179093226119% of Average
sqft:
2,260
low | high
Med:
711
100% of Average
$ / sqft:
$431
low | high
Med:
$1,053
94.184598184206% of Average
On site:
136
low | high
Med:
109
100% of Average
Sourced by Back At You

Market Activity 98057

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Learn More About This Property

StateWA
CountyKing
CityRenton
Zip Code98057
Area350 Renton | Highlands
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$974,995
low | high
Med:
$749,000
73.179093226119% of Average
sqft:
2,260
low | high
Med:
711
100% of Average
$ / sqft:
$431
low | high
Med:
$1,053
94.184598184206% of Average
On site:
136
low | high
Med:
109
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $731K - $1.218M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
145 Park Avenue Property Photo 1
$779,950
145 Park Avenue
Renton, WA 98057
145 Park Avenue Property Photo 1
$779,950
145 Park Avenue
Renton, WA 98057
Listing Updated: October 14, 2026 at 10:20:14 PM PDT