$3,250,000
Est. $17,613/mo7,705 sq ft
107 Williams Avenue S, Renton, WA 98057
• Listed Nov 3, 2026•3 days active · 3 cumulative
Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com
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Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com
About this home
Premier Downtown Renton Development Opportunity – Fully Entitled Shovel Ready 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: November 4, 2026 at 08:31am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2595167
Around this home
How much should you offer?
107 Williams Avenue S, Renton, WA 98057
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- 5-9 Units
Flooring
- Hardwood
- Carpet
Heating & cooling
- Baseboard heating
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Sartori Elementary SchoolPublic · Grades K-5 · 0.4 mi · State rank 155 of 1,1388/10
- Dimmitt Middle SchoolPublic · Grades 6-8 · 1.4 mi · State rank 352 of 5144/10
- Renton Senior High SchoolPublic · Grades 9-12 · 0.3 mi · State rank 301 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 5
- Units in building
- 5
- Units below grade
- true
- Building square feet
- 7,705 sq ft
Income & expenses
- Gross scheduled income
- $155,700
- Total monthly income
- $12,975
- Gross adjusted income
- $147,915
- Net operating income
- $122,876
- Cap rate
- 3.78%
- Gross rent multiplier
- 20.87
- Vacancy rate
- 5%
- Total expenses
- $25,039
- Insurance
- $5,000
- Water / sewer / garbage paid by
- 0
Parking & storage
- Parking spaces
- 10
- Uncovered parking
- 10
Taxes & assessment
- Annual taxes
- $20,039
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 107 Williams Avenue S
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Nov 3, 2026ListedNWMLS via MLS Grid · #2595167$3,250,000$422/sq ft
- Oct 5, 2021Recorded saleKing County recorder · Statutory warranty deed$655,000$85/sq ft
Mortgage payment forecast
$20,096 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com
Market pulse
Renton is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 101 days.
Recent sales nearby
Within 1 mile · last 6 months$375,000 Sold
1 week ago
2 bd•1 ba•~1,040 sq ft•Single Family
79 Williams Avenue S, Renton, WA 98057
12%
Under list
114
Days on market
0.1 mi
Distance
$375,000 Sold
1 week ago
2 bd•1 ba•~1,010 sq ft•Single Family
75 Williams Avenue S, Renton, WA 98057
12%
Under list
114
Days on market
0.1 mi
Distance
$662,500 Sold
1 week ago
4 bd•2.5 ba•~1,690 sq ft•Single Family
209 Factory Avenue N, Renton, WA 98057
2%
Under list
69
Days on market
0.4 mi
Distance
$649,950 Sold
2 weeks ago
3 bd•1.75 ba•~1,700 sq ft•Single Family
326 Renton Avenue S, Renton, WA 98057
0%
Over list
64
Days on market
0.4 mi
Distance
$410,000 Sold
2 weeks ago
2 bd•1 ba•~880 sq ft•Single Family
346 Pelly Avenue N, Renton, WA 98057
4%
Under list
55
Days on market
0.4 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 6, 2026 at 2:46 PM PT (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.
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HO
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