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Renton Six-Unit Apartment Community
For Sale
$1,200,000
Pending

441 Smithers Ave S, Renton, WA 98057

Six-unit apartment community in Downtown Renton with income potential.

Property SizeContact for details
Days on Market157

Property Features for 441 Smithers Ave S

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1981
Listing Agency: PARAGON REAL ESTATE ADVISORS
Listed By: TANNER FOGLE
Source: Corcoran
Added: Mar 17 Changed: Aug 8 Last Checked: Jul 23 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PARAGON REAL ESTATE ADVISORS

Investment Insights

Based on property information with market context.

This offering features Renton 6, a six-unit apartment community located in Downtown Renton. The property includes a turn-of-the-century duplex and a fourplex added in the 1980s. This well-maintained, income-producing asset is situated in a walkable location, offering stable cash flow and future upside potential. The property was constructed in the 1980s with a durable, low-maintenance design, providing long-term ownership stability with limited capital expenditure requirements. Renton 6 has a Walk Score of 93, offering tenants immediate access to nearby amenities.

Key Highlights

  • Income‑producing asset with day‑one cash flow.
  • Located in the heart of Downtown Renton.
  • Highly walkable location (93 Walk Score).**

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Tanning Salon Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,223
Businesses Nearby

Demographics for 98057, WA

13,493
Population
6,656
Households
2
Avg Household Size
38
Median Age
34%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
2,176
Density / Sq Mi
$68,097
Median Household Income
$53,994
Median Earnings
$1,767
Median Rent
$606,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment community in Downtown Renton with income potential.
Where is this apartment building located?
The property is located at 441 Smithers Ave S Renton, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Income‑producing asset with day‑one cash flow.; Located in the heart of Downtown Renton.; Highly walkable location (93 Walk Score).**
More about this property
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