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$1,550,000
2566463 MLS ⋅ ACTIVE Status
Mill Avenue Apartments is a low-maintenance 8-unit multifamily in-vestment well suited for a private investor. The property offers eight 1-bedroom / 1-bath corner units (±649 SF), four of which include in-unit washer and dryer, along with common laundry on-site. It is located on a quiet hilltop street with excellent territorial views and sits a stone’s throw from downtown Renton, with convenient access to downtown Seattle’s CBD. Built in 1966 with a low-maintenance brick facade and a full EPDM roof replacement in 2017, the asset is offered at $1,550,000 ($193,750 per unit). Current rents sit below market, providing clear upside with limited capital required and an easily achievable market cap rate of 6.41%. Demand is supported by Boeing’s approximately 12,600-person Renton workforce, Blue Origin’s Kent operations, and the broader Kent Valley employment base of over 230,000 jobs. The property features simple operations and convenient access to freeways, Sea-Tac Airport, parks, and everyday amenities.

412 Mill Avenue S, Renton

Listing courtesy of Westlake Associates, Inc..

$828,000
2563879 MLS ⋅ ACTIVE Status
Exceptional Investment Opportunity in the Heart of Renton! Seize this rare chance to own a turn-key, well-maintained duplex featuring two fully occupied units with a strong rental history. Each unit offers 1,060 sq. ft. of functional, one-level living space, including a primary ensuite plus two additional bedrooms and a full guest bath. With spacious living and dining areas bathed in natural light, these units are designed for long-term tenant satisfaction. Enjoy breathtaking mountain views from the upper unit! 8 parking spots. Strategically located minutes from I-405, Highway 900, and premier shopping, this property is a standout for investors seeking reliable income in a high-demand area.

361 Earlington Avenue SW, Renton

Listing courtesy of Bushnell Real Estate Solutions.

$2,200,000
2516621 MLS ⋅ ACTIVE Status
Development Opportunity in Renton | 3-Property Assemblage Rare development opportunity in the City of Renton consisting of three properties offered together or potentially separately, subject to seller approval. Property Addresses: 2801 NE 16th Street, Renton, WA 2733 NE 16th Street, Renton, WA 1526 Harrington Avenue NE, Renton, WA This offering presents a strong opportunity for builders, developers, and investors. The site may offer the potential to build approximately 12 good-sized townhomes, subject to City of Renton approval, zoning, permits, utilities, design, and buyer’s feasibility review. The properties are currently rented on month-to-month leases, providing holding income while a buyer works through planning, permitting, and development feasibility.

1526 Harrington Avenue NE, Renton

Listing courtesy of Whisper Real Estate.

$1,290,000
2526238 MLS ⋅ ACTIVE Status
This income producing building located in an amenity rich pocket of Renton. Brand new roof with many other great improvements. Washer and dryer are in each unit. Easy access to free way and close proximity to both Bellevue and Seattle. The building is two-stories, with nine surface parking stalls in the front and rear of the building. It consists of 4 one-bedroom and 1 two-bedroom units. The property sits on 6,939 square feet of land zoned CV and the building is approximately 3,232 net rentable square feet. It attracts to a wide range of residents. Attractive rental cap.

912 Glennwood Avenue NE, Renton

Listing courtesy of 5 Corners Realty LLC.

$1,000,000
2522285 MLS ⋅ ACTIVE Status
Streamlined investment in ideal Renton Highlands location! 4 updated and rented units have LVP flooring, sparkling kitchens, and natural light throughout. Minutes away from Renton Landing, Boeing, local parks, Lake Washington, libraries, schools, shopping, and more. Well cared for, remodeled property as of 2022. New roof, gutters, Hardie Plank siding and windows. Easy landscaping makes maintenance a breeze. 2 2bd/1bth, 2 1bd/1 bth. 11 total parking spaces + street parking! Income producing w/ stable tenancy. New construction all around lends to the up-and-coming feel of the neighborhood. Easily take over and start your investment journey or add this incredible asset to your portfolio. 7/10 walkability neighborhood 9/10 silent zone, 0% vacancy in the last 8 years!

838 Harrington Avenue NE, Renton

Listing courtesy of Best Choice Realty LLC.

$849,950
2519030 MLS ⋅ ACTIVE Status
Beautifully restored turn-of-the-century Craftsman duplex in the heart of Renton with approximately $5,000/month income potential. An exceptional opportunity for investors or owner-occupants—live in one unit and let rental income help offset your mortgage. The main-level home features warm fir floors, soaring ceilings, abundant natural light, cozy fireplace, 3 bedrooms, 1.5 baths, and an updated kitchen with quartz counters, stainless appliances, gas range, farmhouse sink, oversized island, butler's pantry, and utility room. The private upper-level unit offers its own entrance and view deck, vaulted ceilings, Craftsman millwork, exposed brick accents, built-ins, fireplace, full kitchen, spacious living area, bedroom, full bath with soaking tub and separate shower, washer/dryer, and tankless water heater. Additional features include air conditioning in both units, updated windows, plumbing, wiring, durable metal roof, basement storage, forced-air furnace, and tankless water heater. Enjoy the fully fenced yard, inviting front porch, mature landscaping, alley access, sliding privacy gate, and abundant off-street parking. Located on a quiet, sidewalk-lined street just minutes to Boeing, The Landing, downtown Renton, shopping, restaurants, parks, and easy freeway access. A rare opportunity to own a beautifully updated, income-producing property that combines historic charm with modern comfort. $15,000 buyer bonus!

145 Park Avenue N, Renton

Listing courtesy of eXp Realty.

$1,250,000
2484138 MLS ⋅ ACTIVE Status
Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

$650,000
2498022 MLS ⋅ ACTIVE Status
PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.

1409 Union Avenue NE, Renton

Listing courtesy of Keller Williams Eastside.

$990,000
2488130 MLS ⋅ ACTIVE Status
Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$990,000
2455476 MLS ⋅ ACTIVE Status
Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$1,000,000
2411229 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Rare riverfront duplex with bonus unit on single parcel in downtown Renton! Zoned CD and situated on the scenic Cedar River with walking trails at your doorstep. Property features two detached homes—each with a deck and water views. One home includes an upper-level 1BR/1BA rental unit; the other two units are spacious 3BR/1BA. All units include stove, dishwasher, and refrigerator. Two units currently rented below market. Live in one and rent out the others—ideal for house hacking or investment. Incredible location near shops, dining, and transit in Renton's vibrant core.

104 Main Avenue S, Renton

Listing courtesy of Keller Williams Realty PS.

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