Renton 6
441-445 Smithers Ave S Renton, WA 98057
Property Type Multi-family
Price $1,070,000
Status Active
Property Highlights:
- Prime Downtown Renton Location with a 93 Walk Score and steps to dining, retail, grocers, nightlife, and transit.
- Well-Built, Low-Maintenance 1980s Asset offering long-term ownership stability.
- Renovated Interiors – 5 of 6 units upgraded with LVP flooring, modern cabinetry, updated fixtures and quartz countertops
- Strong Unit Mix – (3) 1BD/1BA, (2) 2BD/1BA, (1) 3BD/1BA catering to broad tenant demand.
- Desirable Tenant Amenities – Private patios/decks, ample on-site parking, and community laundry.
- Strategic Location – Minutes to The Landing, major employment centers, Sea-Tac Airport, and key transit corridors.
- Compelling In-Place Returns – Offered at a 6.6% cap rate with stable day-one cash flow.
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