320 Williams Avenue N, Renton, WA 98057 (MLS # 2535935)
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Listing provided courtesy of Northwest MLS; Windermere Real Estate/PSR Inc
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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.
| LAST UPDATED | 6/5/2026 | TRACT | Downtown |
|---|---|---|---|
| YEAR BUILT | 1909 | COMMUNITY | Downtown |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Heater |
| AREA | 350 - Renton/Highlands |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Garden |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric, Forced Air, Wall Furnace |
| INTERIOR | Fireplace, Water Heater |
| LOT | 7989 sq ft |
| LOT DESCRIPTION | Curbs, Sidewalk |
| MLS STATUS | Active |
| PARKING | Driveway, Detached |
| STORIES | 1.5 |
| STYLE | 11 - 1 1/2 Story |
| SUBDIVISION | Downtown |
| TAXES | 6075 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/6/26 12:42 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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