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Listed by: Joe A. Bernasconi (253) 740-2119 | Windermere Real Estate/PSR Inc (425) 235-7777
$995,000
Monthly Est:$4,952
4 Beds
3 Baths2 full baths
2,260sqft
320 Williams Ave N, Renton, WA 98057
$995,000
$4,952/moEst:
Get Pre-Approved
Condominium
Built in 1909
$-- HOA
7,988 sqft lot
$440/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 4:31 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2535935
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1909
HOA Fees
-
Finished Area
2,260 sqft
Lot Size
7,988 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2535935
MLS Status
Active
Days on Market
120
Cumulative Days on Market
109
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Bathroom Full
Level: Main
Bathroom Full
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Entry Hall
Level: Main
Entry Hall
Level: Main
Great Room
Level: Main
Great Room
Level: Main
Living Room
Level: Main
Living Room
Level: Main
Studio
Level: Main
Bathroom Three Quarter
Level: Main
Interior
Flooring
Laminate, Carpet
Appliances
Dryer, Microwave, Refrigerator, Stove(s)/range(s), Washer
Exterior Features
Wood, Wood Products
Sewer
Sewer Connected
Interior Features
Fireplace, Water Heater
Heating
Forced Air, Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1909
Home type
Condominium
Roof
Composition
Property Condition
Average
Foundation Details
Pillar/post/pier
Construction Materials
Wood
Utilities & Energy
Parking Features
Driveway, Detached Garage
Security Features
Fully Fenced
Basement
None
Water Source
Public
Fireplace Features
Electric
Other Features
Lot Features
Curbs, Sidewalk
Subdivision Name
Downtown
Vegetation
Fruit Trees, Garden Space
Price History
| Date | Event | Price |
|---|---|---|
08/14/2026 Source: | Listed for Sale | $995,000 $440/sqft |
08/04/2026 Source: | Listing Removed | $995,000 +25.95% $440/sqft |
03/04/2023 Source: | Price Increased | $790,000 +31.23% $350/sqft |
07/27/2021 Source: | Sold | $602,000 $266/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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