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.
Property Details
Price:
$995,000
MLS #:
NWM2535935
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Downtown
Neighborhood:
350rentonhighlands
Listed Date:
Jun 5, 2026
Finished Sq Ft:
2,260
Total Sq Ft:
2,260
Lot Size:
7,988 sqft / 0.18 acres (approx)
Year Built:
1909
See this Listing
Schools
School District:
Renton
Interior
Appliances
Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
2 Full Bathrooms, 1 Three Quarter Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Laminate, Carpet
Heating
Forced Air, Wall Furnace
Interior Features
Fireplace, Water Heater
Levels
One and One Half
Main Level Bathrooms
3
Main Level Bedrooms
4
Exterior
Construction Materials
Wood
Covered Spaces
1
Direction Faces
West
Exterior Features
Wood, Wood Products
Lot Features
Curbs, Sidewalk
Parking Features
Driveway, Detached Garage
Parking Spots
5
Parking Total
5
Roof
Composition
Security Features
Fully Fenced
Financial
Tax Year
2026
Taxes
$6,075
Map
Community
- Address320 Williams Avenue N Renton WA
- SubdivisionDowntown
- CityRenton
- CountyKing
- Zip Code98057
Subdivisions in Renton
- 5 Mile Lake
- Benson Hill
- Briarwood
- Bryn Mawr
- Carriagewood
- Cascade
- Cedar River
- Downtown
- Downtown Renton
- Earlington
- East Renton
- Fairwood
- Fairwood Greens
- Forest Estates
- Hazen
- High Valley
- Highlands
- Honey Creek
- Issaquah
- Kennydale
- Kent
- Lake Kathleen
- Lake McDonald
- Lake Youngs
- Liberty Ridge
- Licorice Fern
- Lower Kennydale
- Maple Hills
- Maple Ridge
- Maple Valley
- Maple Valley Heights
- Maplewood
- Maplewood Heights
- May Creek
- May Valley
- Newcastle
- Newport Hills
- North Renton
- Panther Lake
- Petrovitsky
- Renton
- Renton Hill
- Rolling Hills
- Shadow Lake
- Skyway
- Spring Lake
- Squak Mountain
- Summerwind
- Talbot Hill
- Tiffany Park
- Windsor Hills
Market Summary
Current real estate data for Single Family in Renton as of Jun 10, 2026
350
Single Family Listed
55
Avg DOM
451
Avg $ / SqFt
$1,044,374
Avg List Price
Property Summary
- Located in the Downtown subdivision, 320 Williams Avenue N Renton WA is a Single Family for sale in Renton, WA, 98057. It is listed for $995,000 and features 4 beds, 3 baths, and has approximately 2,260 square feet of living space, and was originally constructed in 1909. The current price per square foot is $440. The average price per square foot for Single Family listings in Renton is $451. The average listing price for Single Family in Renton is $1,044,374. To schedule a showing of MLS#nwm2535935 at 320 Williams Avenue N in Renton, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Windermere Real Estate/PSR Inc.
Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 1:45:44 am. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by Windermere Real Estate/PSR Inc.Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 1:45:44 am. 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.
Copyright 2026. All rights reserved.
320 Williams Avenue N
Renton, WA


