117 Wells Ave S, Unit A

Renton, WA 98057

$4,675,800
Price
12
Beds
14.5
Baths
9,396 Sq. Ft.
$498 / Sq. Ft.
9,396
Sq. Ft.
$498
per Sq. Ft.
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Virtual Tour
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a kitchen with a sink and a window
a kitchen with stainless steel appliances a large window and cabinets
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a kitchen with stainless steel appliances white cabinets and a refrigerator
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a living room with furniture and wooden floor
a living room with furniture and a large window
a bathroom with a sink a toilet and a window
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Listing provided courtesy of Keller Williams Downtown Sea

Description

Investor Alert! SATARA Townhouses ~ Downtown Renton’s premier new construction mixed-use multifamily / hospitality asset! Boutique 6-unit luxury townhouse community + street-front commercial office (~166 SF). Each 2BD/2.5BA residence offers tall ceilings, oversized windows, designer finishes, stainless appliances, covered decks & private garages. Appliances included—even washer & dryer! Zoned CD w/ no HOA or rental restrictions, ideal for hotel-style, Airbnb, corporate housing, or long-term rentals....Investor Alert! SATARA Townhouses ~ Downtown Renton’s premier new construction mixed-use multifamily / hospitality asset! Boutique 6-unit luxury townhouse community + street-front commercial office (~166 SF). Each 2BD/2.5BA residence offers tall ceilings, oversized windows, designer finishes, stainless appliances, covered decks & private garages. Appliances included—even washer & dryer! Zoned CD w/ no HOA or rental restrictions, ideal for hotel-style, Airbnb, corporate housing, or long-term rentals. Turn-key Class A investment generating a 6.7% Cap Rate. Quality new construction = low maintenance + premium rents. Rents based on 2 Airbnb units and 4 long-term rentals. Prime downtown location w/ strong short-term and executive rental demand!
  1. Listed by Nicholas T. Vilvandre • Keller Williams Downtown Sea

Property Details for 117 Wells Avenue South, Unit A

Community Name
Downtown Renton
School District
Renton
View
City, See Remarks, Territorial
Number of Assigned Spaces
8
Total Covered Parking
8
Entry Date
10-30-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/11/2025 02:10 PM

Property Details for 117 Wells Avenue South, Unit A

StatusActive
MLS #2450992
Days on Market56
Cumulative Days on Market56
Taxes$15,000 / year
HOA Fees$96 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2025
Lot Size0.14 AC / 6,005 SF
CountyKing County

Location

Listing Courtesy of Keller Williams Downtown Sea
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Building Information for 117 Wells Avenue South, Unit A

Stories3Residences7Year Built2025Building Size-Lot Size0.14 AC / 6,005 SF

Payment Calculator

$24,451 per month

30 year fixed, 6.28% Interest

Principal and Interest

$23,105

Property Taxes

$1,250

HOA Dues

$96

The Payment Calculator is for illustrative purposes only.

Property Information for 117 Wells Avenue South, Unit A

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa
  • Area: 340 - Renton/Benson Hill
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: See Remarks
  • Directions: GPS WORKS!!! - From 405 Take Maple Valley HWY 169 exit, follow west to Bronson Way, right on S Second Street, Right on Wells, site on left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
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Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 12
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Vinyl Plank, Carpet
  • New Construction: Completed
  • Cooling: Yes
  • Cooling: 90%+ High Efficiency, Ductless, Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: 90%+ High Efficiency, Ductless, Forced Air
  • Spa: Yes
Exterior Features
  • Exterior: Cement/Concrete, Cement Planked, Wood, Wood Products
  • Roof: Composition, Flat, Torch Down
  • Security Features: Partially Fenced
Property
Utilities
  • Water/Sewer/Garbage: 7000
  • Power Company: Puget Soun Energy
  • Sewer Company: City of Renton
  • Water Company: City of Renton
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Commercial,Multi-Family,Residential
  • Estimated Completion Date: 2025-10-01
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family, Residential
  • MLS Square Footage Source: Floor Plans
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2025
  • Photos Count: 32
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00072001688
  • Calculated Square Footage: 9396
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9396.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 3
  • Unit Number: A to G
  • Vacancy Rate: 2
  • Number Of Units Total: 7
  • Units Below Grade: false
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $7,000
  • Total Expenses: 37000
  • Gross Adjusted Income: 346810
  • Gross Rent Multiplier: 13.21
  • Gross Scheduled Income: $354,000
  • Insurance Expense: $8,000
  • Net Operating Income: $309,920
  • Total Monthly Income: 29000
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1575
  • Rent Unit 1: $7,000.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1430
  • Rent Unit 2: $3,500.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1430
  • Rent Unit 3: $3,500.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1430
  • Rent Unit 4: $3,500.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: E
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1430
  • Rent Unit 5: $3,500.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: F
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1430
  • Rent Unit 6: $7,000.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: Commercial Space
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: false
  • Refrigerator Unit 7: false
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 166
  • Rent Unit 7: $1,000.00
  • Bedrooms Unit 7: 0
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 9396.0

Property History for 117 Wells Avenue South, Unit A

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Listed (Active)

NWMLS #2450992

$4,675,800—
Sep 30, 2025

Listed (Active)

NWMLS #2440866

$799,850—
Sep 30, 2025

Listed (Active)

NWMLS #2439092

$799,850—
DateEvent & SourcePrice
10/30/2025

Listed (Active)

NWMLS #2450992

$4,675,800
09/30/2025

Listed (Active)

NWMLS #2440866

$799,850
09/30/2025

Listed (Active)

NWMLS #2439092

$799,850

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

Schools near 117 Wells Avenue South, Unit A

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

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Griffin Home
Public6 to 12

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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More information about 117 Wells Avenue South, Unit A, Renton, WA 98057

117 Wells Avenue South, Unit A is a multi-family home for sale in Renton, WA 98057. This property was listed for sale on October 30, 2025 by Keller Williams Downtown Sea, it's currently listed at $4,675,800. This listing's school district is Renton School District. Nearby schools include Highlands Elementary School, Dimmitt Middle School and Renton Senior High School. 117 Wells Avenue South, Unit A is a 12-bed, 14.5-bath, 9,396 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Downtown Sea

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 12:16 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.