320 Williams Avenue N Renton, WA 98057
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Joe Bernasconi, Windermere Real Estate Psr, Inc.

  320 Williams Avenue N Renton, WA 98057

Active (3 Days)
$995,000 (USD)
4
BED
3
BATH
2,260
SQFT

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.

MLS #:
2535935
Taxes
$6,075(2026)
Lot Size
7,988 SQFT
Type
Single-Family Home
Year Built
1909
Style
1 1/2 Story
School District
Renton
County
King County
Community
Downtown

Listed By

Joe Bernasconi, Windermere Real Estate Psr, Inc.
Source
Northwest MLS
Last checked Jun 7 2026 at 7:39 AM PDT
Bathroom Details
  • Full Bathrooms: 2
  • 3/4 Bathroom: 1
Interior Features
  • Microwave
  • Fireplace
  • Refrigerator
  • Dryer
  • Washer
  • Water Heater
  • Stove(s)/Range(s)
Subdivision
  • Downtown
Lot Information
  • Curbs
  • Sidewalk
Property Features
  • Deck
  • Fenced-Fully
  • Patio
  • Cable Tv
  • High Speed Internet
  • Fireplace: Electric
  • Fireplace: 1
  • Foundation: Pillar/Post/Pier
Heating and Cooling
  • Forced Air
  • Wall Furnace
Flooring
  • Carpet
  • Laminate
Exterior Features
  • Wood
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Parking
  • Driveway
  • Detached Garage
Stories
  • 1
Living Area
  • 2,260 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 6/7/2026 00:39. 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.