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441 445 Smithers Avenue S, Renton
$1,070,000
2590115 MLS ⋅ ACTIVE Status
The property is comprised of a turn-of-the-century duplex and a fourplex that was added to the lot in the 1980’s. Renton 6 offers investors the opportunity to acquire a well-maintained, income-producing asset in a highly walkable location with stable day-one cash flow and additional future upside. New ownership can capitalize on strong in-place returns while continuing to optimize rents and operations in a supply-constrained submarket. Constructed in the 1980s with a durable, low-maintenance design, the property provides long-term ownership stability with limited capital expenditure requirements. With a 93 Walk Score, Renton 6 offers tenants immediate access to dining, retail, grocers, nightlife, and public transit, creating a true live-work-play environment. The asset features a diverse unit mix consisting of three one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and one three-bedroom, one-bathroom unit, catering to a broad tenant base. Five of the six units have been fully renovated with LVP flooring, modern cabinetry, updated fixtures and quartz countertops, delivering an updated interior finish that aligns with current renter expectations while preserving additional upside in the remaining unit. Residents benefit from desirable amenities including private patios or decks, ample on-site parking, and community laundry facilities.

441 445 Smithers Avenue S, Renton

Listing Broker: Paragon Real Estate Advisors; Tanner Fogle; 206-623-8880; Tanner@paragonrea.com

412 Mill Avenue S, Renton
$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 Broker: Westlake Associates, Inc.; David W Petersen; ;

912 Glennwood Avenue NE, Renton
$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 Broker: 5 Corners Realty LLC; Wei Yang; ; weiy71@gmail.com

Based on information submitted to the MLS GRID as of . 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.
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