$3,250,000
Est. $16,571/mo99 Williams Avenue S, Renton, WA 98057
• Listed 2026-07-28•New today
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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: July 28, 2026 at 03:32pm
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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$603,500 Sold
5 days ago
3 bd•~1,371 sq ft•Single Family
523 Williams Avenue S, Renton, WA 98057
1%
Over list
—
Days on market
0.5 mi
Distance
$628,050 Sold
2 weeks ago
4 bd•2 ba•~1,660 sq ft•Single Family
98 Hardie Avenue Sw, Renton, WA 98057
5%
Over list
—
Days on market
0.5 mi
Distance
$595,000 Sold
3 weeks ago
3 bd•1.5 ba•~1,500 sq ft•Single Family
516 Pelly Avenue N, Renton, WA 98057
0%
Over list
—
Days on market
0.6 mi
Distance
$720,000 Sold
3 weeks ago
4 bd•1 ba•~2,030 sq ft•Single Family
217 Nw 6th Street, Renton, WA 98057
4%
Over list
—
Days on market
0.9 mi
Distance
$499,950 Sold
4 weeks ago
2 bd•1 ba•~1,120 sq ft•Single Family
804 N 3rd 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.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.