436 Wells Ave N - Apartments FOR SALE


Renton, WA 98057- North Renton
$895,000 USD
206-268-0000
436 Wells Ave N, Renton, WA for Sale
$895,000 USD
Apartments - FOR SALE
1/15
null | 7.11% Cap Rate

436 Wells Ave N
Renton, WA 98057
North Renton


HIGHLIGHTS

  • Spacious Detached Dwelling Unit
  • Beautiful Hardwood Floors

OVERVIEW

Unique 2-unit Property: Main Home + DADU! Ideal for owner-occupants seeking substantial rental income or savvy investors eying future development. Live in one beautifully updated unit and rent the other, or rent both for excellent cash flow. Currently generating $5300/mo in rent. This property features a high-end remodel with designer tile work, modern heating & AC, and glowing hardwoods. It sits on a level, double lot with mature landscaping, perfectly situated between downtown Renton and the Renton Landing. A standout feature is the proximity to multi-family zoning, offering exciting future development potential. A fantastic opportunity for flexible living or a prime investment with upside!

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$362 USD /SF

# OF UNITS

2

PRICE/UNIT

$447,500

CAP RATE

7.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,017 SF

ZONING

R-8

APN/PARCEL ID

722500-0080

ASK ABOUT THIS PROPERTY

Steve MorrowNext Horizon RealtyMore Info
206-268-0000

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Steve MorrowNext Horizon RealtyMore Info
206-268-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.