$995,000
Est. $5,142/mo4 bd•2.75 ba•2,260 sq ft
320 Williams Avenue N, Renton, WA 98057
• Listed 2026-06-05•23 days on market
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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.
Listed by Joe A. Bernasconi • Windermere Real Estate/PSR Inc
Listing updated: August 14, 2026 at 03:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535935
320 Williams Avenue N, Renton, WA 98057
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
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Renton is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$402,676 Sold
5 days ago
2 bd•0.75 ba•~820 sq ft•Single Family
605 Morris Avenue S, Renton, WA 98057
4%
Under list
—
Days on market
0.9 mi
Distance
$5,500 Sold
1 week ago
5 bd•2.5 ba•Single Family
1518 S 5th Place, Renton, WA 98057
0%
Over list
—
Days on market
0.9 mi
Distance
$1,450 Sold
2 weeks ago
1 bd•Single Family
609 Shattuck Avenue S #7, Renton, WA 98057
0%
Over list
—
Days on market
1.0 mi
Distance
$500,000 Sold
2 weeks ago
•Single Family
475 S Houser Way #a & B, Renton, WA 98057
5%
Under list
—
Days on market
0.8 mi
Distance
$1,250,000 Sold
4 weeks ago
•Single Family
809 N 6th Street, Renton, WA 98057
0%
Over list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 14, 2026 at 03:57pm (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Thu, Sep 10 +3
Open Thu, Sep 10 +3$976,000
-$19,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $530K and $760K.
Rental earnings
$2,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$550,000Last sold price
442 Burnett Avenue N, Renton, WA 98057
$655,000Last sold price
1211 N 3rd Street, Renton, WA 98057
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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