421 Wells Avenue S Renton, WA $ 858,000
421 Wells Avenue S
$ 858,000
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421 Wells Avenue S

Renton, WA, 98057
$ 858,000
Baths0.0 Sq 2,310

Monthly Estimate*

$ 5,283

Listed by John L. Scott, Inc
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Studio

Multi-Family Home for sale in Renton, WA

for $858,000. This 2,310 square foot home was built in 1978 on a lot size of 0.132.

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!

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Multi-Family Active

Price

$ 858,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,297

Style

Tri-plex

Lot Size

0.132

Year Built

1978

Town/City

Renton

County/Region

King

MLS | Web ID

2494406

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1978
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 56052
Insurance Expense 1200
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown
Possible Use Multi-Family
Special Listing Conditions None
Status Active
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.
High School Buyer To Verify
City Renton
Senior Community Y/N N
High School District Renton
Zoning Description Multi-Family
Number Of Units Total 3
MLS Area 350 - Renton/Highlands
Lot Size Units Square Feet
Lot Size Square Feet 5750
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 2297.61
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks 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-b
Leasable Area 2310
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks Storage
Water Company City of Renton
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 3720
Property Style 53 - Tri-plex
Cap Rate 6.5
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 2310
Lot Dimensions 50 x 115
Lot Size Acres 0.132
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially Outbuildings Patio
Parking Uncovered Total 5
Lot Number 14
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Interior
Flooring Bamboo/Cork Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 4
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2494406
Street Number 1 421
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* Excluded Features
List By
Brenda Martin

Listing Agent

John L. Scott, Inc

Broker

Affordability Calculator

$5,474
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,283
Monthly Property Taxes
$191
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100112 Elementary School
3100271 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$858,000 Listed Price

Map


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421 Wells Avenue S, Renton, WA, 98057 is a Multi-Family Home for sale at $858,000 with 2,310 sqft and a lot size of 0.132. 421 Wells Avenue S is a studio with 0.0 baths and was built in 1978. The property's zip code is 98057 which is in Renton, WA