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.
Active
Listed by: Windermere Real Estate/PSR Inc
$995,000
320 Williams Avenue N, Renton, WA 98057
4beds
2,260sqft
Single Family Residence
Built in 1909
7,988 Square Feet Lot
$956,800 Zestimate®
$440/sqft
$-- HOA
What's special
Additional off-street parkingAmple street parkingSpacious private yardsFully fenced yardNewer roofs
- 14 days |
- 177 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Joe A. Bernasconi,
Windermere Real Estate/PSR Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2535935
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Description: Detached Unit
- 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
Other
- Description: Detached Unit 165 Sq Ft
- Level: Main
Heating
- Fireplace, Forced Air, Wall Furnace, Electric
Cooling
- None
Appliances
- Included: Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Closet
Features
- Flooring: Laminate, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Electric, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,260
- Total interior livable area: 2,260 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Detached Garage
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 4
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace, Water Heater
Lot
- Size: 7,988 Square Feet
- Features: Curbs, Sidewalk, Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 7225500375
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Average
- Year built: 1909
- Major remodel year: 1930
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Renton
- Water: Public, Company: City of Renton
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Renton
Financial & listing details
- Price per square foot: $440/sqft
- Tax assessed value: $575,000
- Annual tax amount: $6,075
- Date on market: 6/4/2026
- Cumulative days on market: 15 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$956,800
$909,000 - $1.00M
$3,280/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $995,000+25.9%$440/sqft |
Source:  NWMLS as distributed by MLS GRID #2535935 Report a problem | ||
| 3/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/10/2023 | Listed for rent | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2023 | Sold | $790,000-1.3%$350/sqft |
Source: NWMLS as distributed by MLS GRID #2020714 Report a problem | ||
| 2/3/2023 | Pending sale | $800,000$354/sqft |
Source: NWMLS as distributed by MLS GRID #2020714 Report a problem | ||
| 12/3/2022 | Listed for sale | $800,000+32.9%$354/sqft |
Source: NWMLS as distributed by MLS GRID #2020714 Report a problem | ||
| 7/27/2021 | Sold | $602,000+12.5%$266/sqft |
Source: NWMLS as distributed by MLS GRID #1801680 Report a problem | ||
| 7/15/2021 | Pending sale | $535,000$237/sqft |
Source: NWMLS as distributed by MLS GRID #1801680 Report a problem | ||
| 7/8/2021 | Listed for sale | $535,000$237/sqft |
Source: NWMLS as distributed by MLS GRID #1801680 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,930 +15.7% | $575,000 +21.8% |
| 2023 | $5,125 +2.7% | $472,000 -7.3% |
| 2022 | $4,992 +5.1% | $509,000 +21.8% |
| 2021 | $4,750 +7.6% | $418,000 +12.7% |
| 2020 | $4,415 +2.7% | $371,000 +3.1% |
| 2019 | $4,299 +8.1% | $360,000 +4.7% |
| 2018 | $3,978 -17.2% | $344,000 -5.5% |
| 2017 | $4,807 +47.5% | $364,000 +17% |
| 2016 | $3,259 | $311,000 +8.7% |
| 2015 | $3,259 | $286,000 +11.3% |
| 2014 | $3,259 | $257,000 +24.8% |
| 2013 | $3,259 | $206,000 -2.4% |
| 2012 | -- | $211,000 -12.1% |
| 2011 | -- | $240,000 -11.4% |
| 2010 | -- | $271,000 |
| 2009 | -- | $271,000 +3% |
| 2006 | -- | $263,000 +7.3% |
| 2005 | -- | $245,000 +71.3% |
| 2000 | $1,856 | $143,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: North Renton
Nearby schools
GreatSchools rating
- 7/10Kennydale Elementary SchoolGrades: K-5Distance: 2.1 mi
- 7/10Vera Risdon Middle SchoolGrades: 6-8Distance: 3.8 mi
- 2/10Renton Senior High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Renton
- 98057
- North Renton
- 320 Williams Avenue N
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Renton Topics
