Listing provided courtesy of Windermere Real Estate/PSR IncNWMLSas Distributed by MLSGrid- MLS# NWM2535935
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Request Info320 Williams Avenue NRenton, WA 98057
Single Family · 4 Beds · 2 Full Baths · 1 Three Quarter Bath · 2,260 Sq. ft. | 0.18 Acres$995,000
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320 Williams Avenue N Overview
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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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320 Williams Avenue N Facts & Features
- Type Single Family
- Sq. ft. 2,260
- Price/Sq.ft. $440
- Lot 0.18 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Renton
Building Information
- New Construction: No
- Year Built: 1909
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 350 - Renton/Highlands
- Subdivision Name: Downtown
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: $6,075.00
- Tax Year: 2026
General Information
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Listing Terms: Cash, Conventional, VA Loan
- Parcel Number: 7225500375
- Property Condition: Average
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
Interior
Building Information
- Building Information: Detached
Parking Information
- Garage: Yes
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Three Quarter: 1
- Bathrooms Total: 3
- Bedrooms Total: 4
- Bedrooms Lower: 0
- Bedrooms Upper: 0
Building Interior
- Appliances Included: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Building Area Total: 2260
- Building Area Units: Square Feet
- Calculated Square Footage: 2260
- Square Footage Finished: 2260
- Square Footage Unfinished: 0
General Information
- Appliances: Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Basement: None
- Cooling: No
- Entry Location: Main
- Fireplace Features: Electric
- Fireplace: Yes
- Fireplaces Total: 1
- Flooring: Laminate, Carpet
- Foundation Details: Pillar/Post/Pier
- Heating: Yes
- Interior Features: Fireplace, Water Heater
- Levels: One and One Half
- Living Area: 2260
- Main Level Bathrooms: 3
- Main Level Bedrooms: 4
- Power Production Type: Electric
- Security Features: Fully Fenced
Exterior
Parking Information
- Open Parking: No
- Parking Features: Driveway, Detached Garage
- Parking Total: 5
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Curbs, Sidewalk
- Lot Size Acres: 0.1834
- Lot Size Square Feet: 7988
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
- Topography: Level
- Vegetation: Fruit Trees,Garden Space
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Attached Garage: No
- Direction Faces: West
- Roof: Composition
- Structure Type: House
General Information
- Carport: No
- Covered Spaces: 1
- Exterior Features: Wood, Wood Products
- Sewer: Sewer Connected
Room Information
Room: Bathroom Full
- Level: Main
Room: Bathroom Full
- Level: Main
Room: Bathroom Three Quarter
- Level: Main
- Description: Detached Unit
Room: Bedroom
- Level: Main
Room: Bedroom
- Level: Main
Room: Bedroom
- Level: Main
Room: Bedroom
- Level: Main
Room: Entry Hall
- Level: Main
Room: Entry Hall
- Level: Main
Room: Great Room
- Level: Main
Room: Great Room
- Level: Main
Room: Living Room
- Level: Main
Room: Living Room
- Level: Main
Room: Studio
- Level: Main
- Description: Detached Unit 165 Sq Ft
320 Williams Avenue N Neighborhood
Community
98057 (Renton) Demographics
38
Median Age
1,872
Population Density (per sq. mile)
45%
College Educated
$57,598
Estimated Median Income
1,334
Estimated Total Home Owners
4,377
Estimated Total Renters
23% / 77%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.320 Williams Avenue N Monthly Cost
320 Williams Avenue N Market Data
Based on the last 30 days in this zip code
$563,269
Average List Price
$388
Average Price per Square Foot
7
Properties Sold
64
Average Days on Market
31
Properties for Sale
320 Williams Avenue N History
| Date | Value | Agent |
|---|---|---|
| 6/6/2026Source: NWMLS | June 06, 2026 |
|
| 6/20/2022Source: NWMLS | July 29, 2021 |