320 Williams Avenue N, Renton, WA, 98057
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Average
- Year built: 1909
Materials
- Roof: Composition
- Construction materials: Wood Siding,Wood Products
Notable Dates
- Major remodel year: 1930
Type & Style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Closet
Basement
- Basement: None
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Entry Hall
- Level: Main
Entry Hall
- Level: Main
Features
- Flooring: Laminate,Carpet
- Number of fireplaces: 1
- Fireplace features: Electric,Main Level: 1,Fireplace
- Fireplace: Yes
Great Room
- Level: Main
Great Room
- Level: Main
Heating & Cooling
- Heating features: Fireplace,Forced Air,Wall Furnace,Electric
- Cooling features: None
Interior Area
- Total structure area: 2,260
- Total interior livable area: 2,260 sqft
Living Room
- Level: Main
Living Room
- Level: Main
Other
- Level: Main
Property
Details
- Parcel number: 7225500375
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace,Water Heater
- Topography of land: Level
- Residential vegetation: Fruit Trees,Garden Space
Lot
- Lot size: 7,988 sqft
- Features: Curbs,Sidewalk,Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio
Parking
- Total spaces: 5
- Parking features: Driveway,Detached Garage
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,031 | $60,372 |
| Home Insurance * | $213 | $2,556 |
| Property Taxes | $894 | $10,728 |
| Electricity | $154 | $1,855 |
| Total | $6,292 | $75,504 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Listed for sale | $995,000 |
| 2026-08-04 | Listing removed | $995,000 |
| 2026-06-05 | Listed for sale | $995,000 |
| 2023-03-28 | Listing removed | -- |
| 2023-03-10 | Listed for rent | $2,800 |
| 2023-03-02 | Sold | $790,000 |
| 2023-02-03 | Pending sale | $800,000 |
| 2022-12-03 | Listed for sale | $800,000 |
| 2021-07-27 | Sold | $602,000 |
| 2021-07-15 | Pending sale | $535,000 |
| 2021-07-08 | Listed for sale | $535,000 |
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