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Listing Firm: John L. Scott, Inc: Amanda Mannila

Bought With: Keller Williams Eastside : Danny Nunes

SOLD On November 24, 2020
NWMLS # 1618793

$3,800,000

  • Sold Price
  • - Beds
  • - Baths
  • 15540 Sq.ft.

234 Williams Avenue N, Renton, WA 98057

Listings with the three tree icon are courtesy of NWMLS

About This Property

Very Unique Opportunity! 16 units comprising of 7 SFR's, 3 Duplexes and a Triplex. Sale includes 10 tax parcels covering a flat 1.6 acres in desirable Downtown Renton. This is an AMAZING investment and the potential is huge. Most units currently rented; 2019 actual cap rate was 4.8% including vacancies and below market rent, Proforma cap just about 6%. Finish square footage and turn 16 units into 19 units, or fix-up and flip! Up-zoning likely in 2028. One of a kind property, come see it today!

Buyer's Agent: Danny Nunes • Keller Williams Eastside

Listed by: Amanda Mannila • John L. Scott, Inc

Aris360 Last Checked: 2 Minutes Ago (Jun 23, 2025 08:28 PM)

  • Source: NWMLS as Distributed by MLS Grid #1618793

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Williams
  • Zip/Postal Code: 98057
  • City: Renton

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Property Features

  • County
    • Downtown
  • Community
    • 350 - Renton/Highlands
  • MLS Area
    • 350 - Renton/Highlands
  • Longitude
    • -122.205366
  • Latitude
    • 47.486273
  • Directions
    • From 405 take Rainier exit, head North. Go right on Airport way, go left on Logan, right on 3rd St. Right on Williams. Block is on left. From Landing, head S on Park, Right on 4th, left on Williams.

  • Interior
    • Heat Pump
    • Wall to Wall Carpet
  • Floors
    • See Remarks
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Natural Gas
    • Oil
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 17
  • Lot Description
    • Alley,
    • Corner Lot,
    • Paved,
    • Sidewalk,
  • Foundation
    • Post & Pillar,
    • Poured Concrete,
    • See Remarks,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
    • See Remarks
    • Stucco
    • Wood
  • Site Description
    • Fenced-Partially,Gas Available,Outbuildings,RV Parking
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Lot Size in Acres

    • 2

  • Covered Spaces
    • 2
  • Building Total Area (Sq. Ft.)
    • 70242
  • Utilities
    • Natural Gas Available,
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,
    • Oil,
  • Parking Description
    • RV Parking,

  • High School District
    • Renton

  • Possession
    • See Remarks,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2019
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $41076
  • Year Built
    • 1920
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jun 23 2025 . 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.

Jun 23, 2025 08:28 PM