Welcome to Whatcom | John L. Scott Bellingham
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$1,250,000

Active

Listing provided by Kathryn Kleber, Keller Williams Realty PS

0

DOM

Ask Austin

About this property.

Great Renton Investment Opportunity! Located across from a Boeing Admin Building, & close to the Renton Municipal Airport, The Landing, & downtown Renton, with easy access to 405. This 5-unit apartment complex includes two 2-bedroom 1-bath units & three 1-bedroom 1-bath units. These well-maintained, owner-managed apartments have been updated over time with double-pane vinyl windows, hardwood laminate & tile flooring, tile showers, & updated white cabinetry in kitchens & baths. The on-site laundry room & covered storage area are adjacent to the designated off-street parking for each unit. The roof was replaced in 2020 by Bravo Roofing & includes a transferable 12-year warranty. Marblecrete siding offers easy care maintenance. The landscaping has been professionally maintained. Built in 1968 with an effective year built of 2000. The plumbing was updated by the prior owner before the current owner's purchase in 2017. Competitive rents & competitive price with 5.65 CAP rate. Invest in this well-operated business opportunity & avoid purchasing landlord problems. Current leases use RHAWA forms with annual renewals for optimum tenant success. Renton renters & landlords are protected primarily by the WA State Residential Landlord-Tenant Act (RCW 59.18). This statewide framework ensures habitability, regulates security deposits, & outlines just-cause eviction requirements. Photos & videos show the current interior & exterior condition. Occupied unit inspections upon offer acceptance.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories2
Year Built1968
Lot Acres0.11
Garage0 car
List Price$1,250,000
MLS StatusActive

Features.

Exterior

Cement/ConcreteStucco

Heating

BaseboardWall Furnace

Cooling

None

Flooring

Ceramic TileLaminateVinyl

View

Territorial

Site Features

Cable TV,High Speed Internet

Agent information.

List AgentKathryn Kleber
List OfficeKeller Williams Realty PS
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Kathryn Kleber, Keller Williams Realty PS

Courtesy of Keller Williams Realty PS

Source: NWMLS, MLS#: 2546087NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 06/27/2026, 05:15:34 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Provided by NWMLS as distributed by MLS Grid.

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