Amazing opportunity to own an extremely versatile triplex in this unbeatable Downtown Renton location. Walkscore is 93 and also includes 5 parking spaces for commuters. This property features two 1-bedroom, 1-bath units, on the main floor with a 2-bedroom, 1-bath upstairs, offering exceptional flexibility for investors, multi-generational living, or an owner-occupied setup with rental income. Each unit is move-in ready with recent updates for tenants and owner-occupants alike! Showcasing bright, spacious layouts with walk-in closets and separate utilities. Tons of storage inside and out. Serene back patio area is fully fenced and feels like a peaceful oasis! Parks, transit, dining, and shopping are a short walk away. Perfect for investors or owner-occupants. Commuters enjoy 20 minutes to Bellevue and 10 minutes to the airport. This triplex delivers both lifestyle and long-term value. A must see opportunity!
Sold
Listed by: John L. Scott, Inc • Brenda Martin
Bought with: Keller Williams Rlty Bellevue
$800,000
421 Wells Avenue S, Renton, WA 98057
4beds
3baths
2,310sqft
Triplex, Multi Family
Built in 1978
-- sqft lot
$796,800 Zestimate®
$346/sqft
$2,825 Estimated rent
Home value
$796,800
$741,000 - $861,000
$2,825/mo
Zestimate® history
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$4,854/mo
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Zillow last checked:
Listing updated:
Listed by:
Brenda Martin,
John L. Scott, Inc,
Tina McKay,
John L. Scott, Inc
Bought with:
Yassi Y Jazayeri, 120294
Keller Williams Rlty Bellevue
Source: NWMLS as distributed by MLS GRID,MLS#: 2494406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Bamboo/Cork, Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 2,310
- Total interior livable area: 2,310 sqft
Property
Parking
- Total spaces: 5
- Uncovered spaces: 5
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,749 Square Feet
- Dimensions: 50 x 115
- Features: Curbs, Paved, Sidewalk, Deck, Fenced-Partially, Outbuildings, Patio
Details
- Parcel number: 7231501685
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1978
- Major remodel year: 1978
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Renton
- Water: Public, Company: City of Renton
Community & HOA
Community
- Subdivision: Downtown
Location
- Region: Renton
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $701,000
- Annual tax amount: $2,297
- Date on market: 5/15/2026
- Cumulative days on market: 68 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $800,000-3%$346/sqft |
Source:  NWMLS as distributed by MLS GRID #2494406 Report a problem | ||
| 5/15/2026 | Pending sale | $825,000$357/sqft |
Source: NWMLS as distributed by MLS GRID #2494406 Report a problem | ||
| 5/8/2026 | Price change | $825,000-3.8%$357/sqft |
Source: NWMLS as distributed by MLS GRID #2494406 Report a problem | ||
| 3/19/2026 | Listed for sale | $858,000+412.2%$371/sqft |
Source: NWMLS as distributed by MLS GRID #2494406 Report a problem | ||
| 3/10/1995 | Sold | $167,500$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $373 -1.7% | $373,800 -0.2% |
| 2024 | $379 -3.9% | $374,400 -19.4% |
| 2023 | $395 | $464,400 +196.6% |
| 2022 | -- | $156,600 |
| 2021 | $452 -84.3% | $156,600 -27.7% |
| 2019 | $2,887 +26.8% | $216,600 +38.3% |
| 2018 | $2,277 +355.6% | $156,600 -36.7% |
| 2017 | $500 | $247,200 +21.1% |
| 2016 | -- | $204,200 +59.8% |
| 2015 | $1,478 | $127,800 +9.2% |
| 2014 | $1,478 | $117,000 +26.6% |
| 2013 | $1,478 | $92,400 -62.3% |
| 2012 | -- | $245,000 -4.7% |
| 2011 | -- | $257,000 -4.8% |
| 2010 | -- | $270,000 |
| 2009 | -- | $270,000 +1.5% |
| 2007 | -- | $266,000 +6.4% |
| 2006 | -- | $250,000 +7.8% |
| 2005 | -- | $232,000 +14.3% |
| 2001 | $2,447 +1.6% | $203,000 +9.7% |
| 2000 | $2,409 | $185,000 |
Find assessor info on the county website
Neighborhood: South Renton
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Nearby schools
GreatSchools rating
- 6/10Bryn Mawr Elementary SchoolGrades: K-5Distance: 1.8 mi
- 6/10Dimmitt Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Renton Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$796,800
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Estimated market value
$796,800
- Washington
- King County
- Renton
- 98057
- South Renton
- 421 Wells Avenue S
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