Last Sold Price
6,005 Lot Size0.14 Acres
117 Wells Ave S, Renton, WA 98057

Description

Downtown RENTON Development site Approved. Building permits approved & ready to pick up for 6 townhome style units w/ individual garages. 3 story units each w/ 2 bed + 2.5 baths + garages and covered decks. Build and rent these modern designed units for cash flow. Estimated gross rents $215,000 + per year. Flat building site that is currently a gravel lot. Many options with this property! Rent out existing lot, build units and cash flow or assemble additional parcels as zoning has recently been up...Downtown RENTON Development site Approved. Building permits approved & ready to pick up for 6 townhome style units w/ individual garages. 3 story units each w/ 2 bed + 2.5 baths + garages and covered decks. Build and rent these modern designed units for cash flow. Estimated gross rents $215,000 + per year. Flat building site that is currently a gravel lot. Many options with this property! Rent out existing lot, build units and cash flow or assemble additional parcels as zoning has recently been up zoned to allow for higher density and a maximum height of 95’! Renton just completed a revitalization of the downtown core w/ new streets, sidewalks, etc. Great walk score!
LISTING CLOSED: 12/21/2023 12:00 AM

  1. Listed by Joe A. Bernasconi • Windermere Real Estate/PSR Inc
    P: (425)-235-7777 joeb@windermere.com

Property Details for 117 Wells Avenue South

Status
MLS #
2186845
Days on Market
1
Cumulative Days on Market
121
Taxes
$2,845 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
0.14 AC
Community Name
Downtown
School District
Renton
Entry Date
12-21-2023
Sewer
Available, On Property

Location

Listing Courtesy of Windermere Real Estate/PSR Inc

Sold By Keller Williams Downtown Sea

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Building Information for 117 Wells Avenue South

Lot Size0.14 AC

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Principal and Interest

$2,541

Property Taxes

$237

HOA Dues

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Property Information for 117 Wells Avenue South

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 350 - Renton/Highlands
  • Directions: From 405 Take Maple Valley HWY 169 exit, follow west to Bronson Way, right on S Second Street, Right on Wells, site on left.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: Available
  • Electric On Property: No
  • Gas Available: In Street
  • Water Source: In Street
  • Utilities: Natural Gas Available, Electricity Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Zoning Class: Commercial,Multi-Family
  • Water Jurisdiction: City of Renton
  • Zoning Remarks: CD
  • Lot Topography: Level
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 3
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Survey
  • Parcel Number Free Text: 0007200168
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 117 Wells Avenue South

DateEvent & SourcePriceAppreciation
Dec 21, 2023

Sold

NWMLS #2186845

$500,000
Dec 21, 2023

Pending

NWMLS #2186845

Dec 21, 2023

Listed (Active)

NWMLS #2186845

$599,950
DateEvent & SourcePrice
12/21/2023

Sold

NWMLS #2186845

$500,000
12/21/2023

Pending

NWMLS #2186845

12/21/2023

Listed (Active)

NWMLS #2186845

$599,950

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 117 Wells Avenue South

Taxable ValueLand$267,200Additions$1,440,300Total$1,707,500
Tax Record2025$19,447 ($1,621 / month)
Home Facts
Total Finished SqFt11,036 SqFtAbove Ground SqFt11,036 SqFtStories2Lot Size6,005 SqFtStyleMulti-Family Res (5+ Units)Year Built2025ZoningCDCountyKINGAPN000720-0168

Schools near 117 Wells Avenue South

This home is within Renton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Highlands Elementary School
PublicK to 5

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Sartori Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate/PSR Inc

Based on information submitted to the MLS GRID as of 12/22/2023 04:06 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.