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Renton Multifamily Property Near Cedar River
For Sale
$1,125,000

74 Williams Ave S, Renton, WA 98057

Well-maintained 5-unit property in Renton, proximate to Seattle.

Property SizeContact for details
Days on Market529

Property Features for 74 Williams Ave S

General Information

Standard status Active

Building Details

Year Built 1962
Listing Agency: JONES LANG LASALLE
Listed By: CASEY ZEJDLIK
Source: Corcoran
Added: Apr 3, 2025 Changed: Jul 10 Last Checked: Sep 13 at 7:25AM

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 JONES LANG LASALLE

Investment Insights

Based on property information with market context.

The Cedar River 5 Apartments consist of two buildings constructed in 1910 and 1962, featuring one two-bedroom house and four one-bedroom apartment units. Located in Renton, Washington, the property has been well-maintained, with new electrical panels planned for 2025 and updated roofs in 2020. Residents benefit from the property's location along the Cedar River, offering suburban living with access to employment hubs in downtown Seattle, the Eastside, and the Kent Industrial Corridor. The property is situated in central Renton.

Key Highlights

  • Proximate to Seattle's core demand‑drivers, the Eastside, and the Kent Industrial Corridor.
  • Located along the scenic Cedar River.
  • Well‑maintained unit interiors and building exteriors.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Florist Storage Facility Tanning Salon

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

1,604
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Well-maintained 5-unit property in Renton, proximate to Seattle.
Where is this apartment building located?
The property is located at 74 Williams Ave S Renton, WA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Proximate to Seattle's core demand‑drivers, the Eastside, and the Kent Industrial Corridor.; Located along the scenic Cedar River.; Well‑maintained unit interiors and building exteriors.
More about this property
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