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Listed by:Paragon Real Estate Advisors • Tanner Fogle
$ 1,070,000
Est. payment | /mo
10 Beds
6 Baths
4,100 SqFt
$ 1,070,000
Est. payment | /mo
10 Beds
6 Baths
4,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $260
Subdivision Downtown Renton
MLS Listing ID 2590115
Style 55 - 5-9 Units
Bedrooms 10
Year Built 1981
Annual Tax Amount $8,957
Lot Size 9,600 Sqft
Property Sub-Type Multi Family
New Construction No
Property Description
The property is comprised of a turn-of-the-century duplex and a fourplex that was added to the lot in the 1980's. Renton 6 offers investors the opportunity to acquire a well-maintained, income-producing asset in a highly walkable location with stable day-one cash flow and additional future upside. New ownership can capitalize on strong in-place returns while continuing to optimize rents and operations in a supply-constrained submarket. Constructed in the 1980s with a durable, low-maintenance design, the property provides long-term ownership stability with limited capital expenditure requirements. With a 93 Walk Score, Renton 6 offers tenants immediate access to dining, retail, grocers, nightlife, and public transit, creating a true live-work-play environment. The asset features a diverse unit mix consisting of three one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and one three-bedroom, one-bathroom unit, catering to a broad tenant base. Five of the six units have been fully renovated with LVP flooring, modern cabinetry, updated fixtures and quartz countertops, delivering an updated interior finish that aligns with current renter expectations while preserving additional upside in the remaining unit. Residents benefit from desirable amenities including private patios or decks, ample on-site parking, and community laundry facilities.
Location
Province WA
County King
Area 340 - Renton/Benson Hill
Interior
Flooring Laminate, Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Renton
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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