441 445 Smithers AVE S, Renton, WA 98057
441 445 Smithers AVE S, Renton, WA 98057
441 445 Smithers AVE S, Renton, WA 98057
441 445 Smithers AVE S, Renton, WA 98057
441 445 Smithers AVE S, Renton, WA 98057
441 445 Smithers AVE S, Renton, WA 98057
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Karley Oswald

Karley Oswald

+1(253) 514-9775
Listed by:Paragon Real Estate Advisors • Tanner Fogle
$ 1,200,000
Est. payment | /mo

10 Beds

6 Baths

4,100 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

10 Beds

6 Baths

4,100 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $292

Subdivision Downtown Renton

MLS Listing ID 2493035

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1981

Annual Tax Amount $8,957

Lot Size 9,600 Sqft

Property Sub-Type Multi Family

Property Description

Downtown Renton 6 unit – consisting of a turn-of-the-century duplex and a fourplex that was added to the lot in the 80's. The building 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. 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. New ownership can capitalize on strong in-place returns while continuing to optimize rents and operations in a supply-constrained submarket. Offered at an in-place 6.2% cap rate, Renton 6 presents a compelling investment opportunity combining strong in-place income, proven rental demand, and long-term hold potential in one of South King County's most walkable and accessible locations. The duplex located on the parcel is not recognized by the county or the city of Renton, making this parcel a Fourplex with an unpermited Duplex onsite built around 1930.

Location

State WA

County King

Area 340 - Renton/Benson Hill

Interior

Flooring Laminate, Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Renton

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Karley Oswald
Karley Oswald

Broker Associate | License ID: 20110993

+1(253) 514-9775 | karley@karleyoswaldhomes.com

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441 445 Smithers AVE S