Sold
Last Sold Price
6,005 Lot Size0.14 Acres

117 Wells Ave S, Renton, WA 98057

LandProperty Type
0.14 acresLot Size

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!
  • Listed by: Joe A. Bernasconi 425.235.7777 joeb@windermere.com • Windermere Real Estate/PSR Inc
Listing closed: 12/21/2023 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2186845
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Location

Listing Courtesy of Windermere Real Estate/PSR Inc

Sold By Keller Williams Downtown Sea

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Principal and Interest

$2,669

Property Taxes

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HOA Dues

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Property Information for 117 Wells Avenue South

Property Details

  • Taxes: $2,845 / year
  • MLS Type: Land
  • County: King County
  • Community Name: Downtown
  • School District: Renton
  • Entry Date: 12-21-2023
  • Sewer: Available, On Property

Building Information

  • Lot Size: 0.14 AC

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

117 Wells Avenue South

Total Finished SqFt

11,036 SqFt

Above Ground SqFt

11,036 SqFt

Stories

2

Lot Size

6,005 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

2025

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.