$3,250,000
Est. $16,726/mo99 Williams Avenue S, Renton, WA 98057
• Listed 2026-07-28•13 days on market
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Premier Downtown Renton Development Opportunity – Fully Entitled 72-Unit Multifamily Site on 3-parcel Assemblage. Exceptional opportunity to acquire a premier 17,250sqft (0.40-acre) redevelopment site in the heart of Downtown Renton. Zoned CD (Center Downtown), this shovel-ready development opportunity includes plans for a 72-unit multifamily apartment community, positioning developers to capitalize on one of the Puget Sound region's fastest-growing urban markets. Designed to meet today's rental demand, the proposed project features 56 studio apartments, 14 two-bedroom units, and 2 three-bedroom units, creating an efficient unit mix. Located just steps from transit, restaurants, retail, banks, parks, and everyday amenities, the property offers exceptional walkability and connectivity. Residents will enjoy easy access to major highways, employment centers, schools, healthcare, and regional transit, making this an ideal location for long-term rental demand. The surrounding neighborhood continues to experience significant public and private investment, with new mixed-use and multifamily developments transforming Downtown Renton into one of the Eastside's most dynamic urban centers. With a $45,138 per unit price, this offering presents a rare opportunity to secure a high-density infill development site in a market characterized by limited land availability, strong apartment absorption, and continued population and employment growth.
Listed by Martin J. Ho • Berkshire Hathaway HS NW
Listing updated: August 4, 2026 at 11:52am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2550887
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99 Williams Avenue S, Renton, WA 98057
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More homes in this area that match your range.
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 13 days.
$790,000 Sold
6 days ago
3 bd•2 ba•~1,880 sq ft•Single Family
811 Grant Avenue S, Renton, WA 98057
3%
Under list
—
Days on market
0.8 mi
Distance
$760,000 Sold
2 weeks ago
4 bd•1.75 ba•~1,750 sq ft•Single Family
1210 N 2nd Street, Renton, WA 98057
9%
Over list
—
Days on market
0.3 mi
Distance
$600,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,350 sq ft•Single Family
251 Meadow Avenue N, Renton, WA 98057
0%
Over list
—
Days on market
0.4 mi
Distance
$600,000 Sold
2 weeks ago
•Single Family
251 Meadow Avenue N, Renton, WA 98057
0%
Over list
—
Days on market
0.4 mi
Distance
$538,000 Sold
3 weeks ago
3 bd•1.5 ba•~1,390 sq ft•Single Family
119 1/2 Main Street, Renton, WA 98057
2%
Under list
—
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.