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$995,000 Just Listed
Property Description
Exceptional investment opportunity featuring 2 detached homes on 1 lot in Downtown Renton. Perfect for investors seeking strong cash flow or owner-occupants looking to offset their mortgage by living in one home and renting the other. Currently generating $7,200/month ($86,400 annually) in gross rental income with an attractive 7.6% CAP Rate. One home is leased at $4,325/month to long-term tenants, while the second rents for $2,875/month. Both homes have been updated with newer roofs and exterior paint. Unit A has been fully renovated with new flooring, kitchen, bathroom, and appliances. Each home offers approximately 1,100 sq ft, 2 bedrooms, 1 bathroom, and full-size washer/dryer+ Addl studio living space for added income. Unlike many income properties, both homes feature spacious private yards. Unit A is accessed from Williams Ave N and includes driveway parking for 2 vehicles plus ample street parking. Unit B is accessed from the alley and features a fully fenced yard, detached 1-car garage, and additional off-street parking. Potential future condo overlay may allow the homes to be sold separately (buyer to verify). Turnkey investment with immediate income, owner-occupant flexibility, and long-term upside.
Full Property Details
Full Property Details for 320 Williams Ave N
General
- Price: $995,000
- Taxes: $6,075 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2535935
- Updated: 6/5/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Fireplace, Water Heater
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric
- Appliances: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
- Main Floor Baths: 3
- Main - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Additional Information
- Amenities: Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
- Security/Safety: Fully Fenced
Parking
- Garage: Yes
- Covered Spaces: 1
- Uncovered Spaces: 4
- Parking Features: Driveway, Detached Garage
Location
- Area: 350 - Renton/Highlands
- County: King
- Subdivision: Downtown
- Driving Directions: From Williams Ave N head south, home on Left.
- Direction Faces: West
School Information
- High School District: Renton
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Wall Furnace
- Water Heater: Electric
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood, Wood Products
- Basement Desc.: None
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Entry Location: Main
- Square Feet: 2,260
- Finished Total: 2,260 Sq. Ft.
- Year Built: 1909
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.1834
- Lot Size (Sq. Ft.): 7,988
- Lot Size Source: Realist
- Topography: Level
- Lot Features: Curbs, Sidewalk
- Trees/Vegetation: Fruit Trees, Garden Space
Financial Considerations
- Tax Amount: $6,075
- Tax Year: 2026
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 7225500375
Listed by Joe A. Bernasconi | Windermere Real Estate/PSR Inc | (425) 235-7777
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Schools
Schools serving 320 Williams Ave N
School District:Renton School District
| Name | Grades | Distance |
|---|---|---|
Kennydale Elementary School 1700 Northeast 28th Street, Renton, WA 98056 | K-5 | 2.1 mi |
Vera Risdon Middle School 6928 116th Avenue Southeast, Newcastle, WA 98056 | 6-8 | 3.8 mi |
Renton Senior High School 400 S 2nd St, Renton, WA 98055 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 Williams Ave N
Date
Details
Price
Change
Source
6/05/2026
Listed
$995,000
25.95%
MLS
2/27/2023
Sold
$790,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 320 Williams Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,076
2%
$559,000
-3%
2024
$5,930
16%
$575,000
13%
2024
$5,125
3%
$509,000
—
2022
$4,992
13%
$509,000
22%
2021
$4,415
—
$418,000
13%
2021
$4,415
3%
$371,000
3%
2020
$4,299
8%
$360,000
5%
2019
$3,978
-17%
$344,000
-5%
2018
$4,807
14%
$364,000
17%
2017
$4,206
11%
$311,000
9%
2016
$3,794
16%
$286,000
11%
2015
$3,259
11%
$257,000
25%
2014
$2,943
—
$206,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 320 Williams Ave N
320 Williams Avenue N, Renton, WA 98057 (MLS# 2535935) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 320 Williams Avenue N is currently listed for $995,000 and was received on June 05, 2026. Want to learn more about 320 Williams Avenue N? Do you have questions about finding other Single Family real estate for sale in Cascade? You can browse all Cascade real estate or contact a Coldwell Banker agent to request more information.
