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$858,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Listed by Brenda Martin | John L. Scott, Inc | (425) 227-9200 and Tina McKay | John L. Scott, Inc | (425) 227-9200

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Amazing opportunity to own an extremely versatile triplex in this unbeatable Downtown Renton location. Walkscore is 93 and also includes 5 parking spaces for commuters. This property features two 1-bedroom, 1-bath units, on the main floor with a 2-bedroom, 1-bath upstairs, offering exceptional flexibility for investors, multi-generational living, or an owner-occupied setup with rental income. Each unit is move-in ready with recent updates for tenants and owner-occupants alike! Showcasing bright, spacious layouts with walk-in closets and separate utilities. Tons of storage inside and out. Serene back patio area is fully fenced and feels like a peaceful oasis! Parks, transit, dining, and shopping are a short walk away. Perfect for investors or owner-occupants. Commuters enjoy 20 minutes to Bellevue and 10 minutes to the airport. This triplex delivers both lifestyle and long-term value. A must see opportunity!

Full Property Details for 421 Wells Ave S

General

  • Price: $858,000
  • Taxes: $2,297 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2494406
  • Updated: 3/19/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Bamboo/Cork, Vinyl Plank

Additional Information

  • Amenities: Deck, Fenced-Partially, Gas Available, Outbuildings, Patio
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 5

Location

  • Area: 350 - Renton/Highlands
  • County: King
  • Subdivision: Downtown
  • Driving Directions: GPS Friendly! Take Exit 2 on I-405 toward Renton. Go Right on Grady Way. Turn Left on Wells Ave S. Home is on the Left.

School Information

  • High School District: Renton
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,310
  • Year Built: 1978
  • Property Condition: Good

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.132
  • Lot Size (Sq. Ft.): 5,750
  • Lot Size Source: Public Records
  • Lot Dimensions: 50 x 115
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $2,297.61
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7231501685
  • Block: 19
  • Lot Number: 14

Listed by Brenda Martin | John L. Scott, Inc | (425) 227-9200 and Tina McKay | John L. Scott, Inc | (425) 227-9200

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Schools serving 421 Wells Ave S

School District:Renton School District
NameGradesDistance
Bryn Mawr Elementary School
8212 South 118th Street, Seattle, WA 98178
K-51.8 mi
Dimmitt Middle School
12320 80th Avenue South, Seattle, WA 98178
6-81.5 mi
Renton Senior High School
400 S 2nd St, Renton, WA 98055
9-120.4 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 421 Wells Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$858,000
412.24%
MLS
3/10/1995
Sold
$167,500
—
Public Record
Get Price Alerts and Save Property
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 for 421 Wells Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$379
-4%
$156,600
-53%
2024
$395
3%
$334,200
113%
2022
$385
-19%
$156,600
—
2021
$478
-82%
$156,600
-35%
2021
$2,685
12%
$241,800
12%
2020
$2,408
34%
$216,600
23%
2019
$1,792
258%
$175,800
—
2018
$500
-10%
$175,800
-14%
2017
$557
11%
$204,200
9%
2016
$503
-2%
$187,200
60%
2015
$514
-61%
$117,000
27%
2014
$1,317
—
$92,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Brenda Martin | John L. Scott, Inc | (425) 227-9200 and Tina McKay | John L. Scott, Inc | (425) 227-9200

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421 Wells Avenue S, Renton, WA 98057 (MLS# 2494406) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 421 Wells Avenue S is currently listed for $858,000 and was received on March 19, 2026. Want to learn more about 421 Wells Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Cascade? You can browse all Cascade real estate or contact a Coldwell Banker agent to request more information.

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