PROPERTIES FOR SALE

320 Williams Avenue N Renton, WA 98057

NWMLS Courtesy of Windermere Real Estate/PSR Inc
320 Williams Avenue N
Renton, WA 98057
$995,000
Residential
4 Beds
2.75 Baths
2260 SqFt
Active
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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.

Property Features

Community: Downtown
1 1/2 Story
Cable TV
Deck
Fenced-Fully
High Speed Internet
Patio
Bus Line Nearby: Yes
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Parking: Driveway
Parking: Detached Garage
Year Built: 1909
2026 Taxes: $6075.00
Buyer Broker Comp.: 2.5%
Listing #: 2535935

Lot Details

Lot Size: 0.18 acres
Curbs
Sidewalk

Appliances That Stay

Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer

Interior

Fireplace
Water Heater
Cooling: None
Heating: Forced Air, Wall Furnace
Electric
Fireplaces: 1

Schools

District: Renton
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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