Property Details

We are pleased to present the exclusive offering of Renton 6, a six unit apartment community ideally located in the heart of Downtown Renton. The property is comprised of a turn-of-the-century duplex and a fourplex that was added to the lot in the 1980’s. Renton 6 offers investors the opportunity to acquire a well-maintained, income-producing asset in a highly walkable location with stable day-one cash flow and additional future upside. New ownership can capitalize on strong in-place returns while continuing to optimize rents and operations in a supply-constrained submarket.Constructed in the 1980s with a durable, low-maintenance design, the property provides long-term ownership stability with limited capital expenditure requirements. With a 93 Walk Score, Renton 6 offers tenants immediate access to dining, retail, grocers, nightlife, and public transit, creating a true live-work-play environment. The property is also strategically positioned minutes from The Landing, major employment centers, Sea-Tac Airport, and key transit corridors, further enhancing its rental appeal.The asset features a diverse unit mix consisting of three one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and one three-bedroom, one-bathroom unit, catering to a broad tenant base. Five of the six units have been fully renovated with LVP flooring, modern cabinetry, updated fixtures and quartz countertops, delivering an updated interior finish that aligns with current renter expectations while preserving additional upside in the remaining unit.Residents benefit from desirable amenities including private patios or decks, ample on-site parking, and community laundry facilities. Offered at an in-place 6.2% cap rate, Renton 6 presents a compelling investment opportunity combining strong in-place income, proven rental demand, and long-term hold potential in one of South King County’s most walkable and accessible locations. The duplex located on the parcel is not recognized by the county or the city of Renton, making this parcel a Fourplex with an unpermitted Duplex onsite built around 1930.