320 Williams Avenue N, Renton, WA 98057
Local realty services provided by:Knipe Realty ERA Powered
Listed by: joe a. bernasconi
Office: windermere real estate/psr inc
MLS#:2535935
Source:NWMLS
320 Williams Avenue N,Renton, WA 98057
$995,000
- 4 Beds
- 3 Baths
- 2,260 sq. ft.
- Single family
- Active
Price summary
- Price:$995,000
- Price per sq. ft.:$440.27
About this home
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....
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Home facts
- Year built:1909
- Subdivision & Development:Downtown
- Listing ID #:2535935
- Updated:September 17, 2026 at 11:43 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Flooring:Carpet, Laminate
- Kitchen Description:Microwave, Refrigerator
- Bedroom Description:Main Level Bedrooms : 4
- Basement:Yes
- Living area:2,260 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1909
- Building area:2,260 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Curbed Lot, Sidewalk
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck, Fenced-Fully, Patio
- Foundation Description:None
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$440.27
- Tax amount:$6,075 (2026)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, High Speed Internet, Water Heater
Parking
- Total parking spaces:5
- Parking description:Detached Garage, Driveway
- Garage:Yes
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