441-445 Smithers Ave S

6
Baths
4,100 Sq. Ft.
$293 / Sq. Ft.
4,100
Sq. Ft.
$293
per Sq. Ft.

Description

Downtown Renton 6 unit – consisting of a turn-of-the-century duplex and a fourplex that was added to the lot in the 80’s. The building offers investors the opportunity to acquire a well-maintained, income-producing asset in a highly walkable location with stable day-one cash flow and additional future upside. Five of the six units have been fully renovated with LVP flooring, modern cabinetry, updated fixtures and quartz countertops, delivering an updated interior finish that aligns with current renter...Downtown Renton 6 unit – consisting of a turn-of-the-century duplex and a fourplex that was added to the lot in the 80’s. The building offers investors the opportunity to acquire a well-maintained, income-producing asset in a highly walkable location with stable day-one cash flow and additional future upside. Five of the six units have been fully renovated with LVP flooring, modern cabinetry, updated fixtures and quartz countertops, delivering an updated interior finish that aligns with current renter expectations while preserving additional upside in the remaining unit. Residents benefit from desirable amenities including private patios or decks, ample on-site parking, and community laundry facilities. New ownership can capitalize on strong in-place returns while continuing to optimize rents and operations in a supply-constrained submarket. Offered at an in-place 6.2% cap rate, Renton 6 presents a compelling investment opportunity combining strong in-place income, proven rental demand, and long-term hold potential in one of South King County’s most walkable and accessible locations. The duplex located on the parcel is not recognized by the county or the city of Renton, making this parcel a Fourplex with an unpermited Duplex onsite built around 1930.
  1. Listed by Tanner Fogle • Paragon Real Estate Advisors
    P: (206)-623-8880 Tanner@paragonrea.com
  2. Listed by Will Douglas • Paragon Real Estate Advisors
    P: (206)-623-8880 Will@ParagonREA.com

Property Details for 441-445 Smithers Avenue South

Community Name
Downtown Renton
School District
Renton
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
03-27-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 03/27/2026 02:43 PM

Property Details for 441-445 Smithers Avenue South

StatusActive
MLS #2493035
Days on Market11
Cumulative Days on Market11
Taxes$8,957 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1981
Lot Size0.22 AC / 9,600 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors
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Building Information for 441-445 Smithers Avenue South

Stories2Residences6Year Built1981Building Size-Lot Size0.22 AC / 9,600 SF

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Property Information for 441-445 Smithers Avenue South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 340 - Renton/Benson Hill
  • Directions: From I5 S take exit 157 to merge onto WA 900E. Right on Burnett Ave S. Burnett becomes Houser Way S, Left on Smithers Ave S, Property is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
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
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 5077
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 16
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 7840300020
  • Calculated Square Footage: 4100
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4100.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 10
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 37326
  • Gross Adjusted Income: 110774
  • Gross Rent Multiplier: 10.7
  • Gross Scheduled Income: $116,604
  • Insurance Expense: $5,096
  • Net Operating Income: $73,448
  • Other Expenses: $18,196
  • Total Monthly Income: 9717
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 850
  • Rent Unit 1: $1,627.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 500
  • Rent Unit 2: $1,620.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 850
  • Rent Unit 3: $1,820.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 500
  • Rent Unit 4: $1,050.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 900
  • Rent Unit 5: $2,100.00
  • Bedrooms Unit 5: 3
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 500
  • Rent Unit 6: $1,500.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4100.0

Property History for 441-445 Smithers Avenue South

DateEvent & SourcePriceAppreciation
Mar 27, 2026

Listed (Active)

NWMLS #2493035

$1,200,000
DateEvent & SourcePrice
03/27/2026

Listed (Active)

NWMLS #2493035

$1,200,000

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

Schools near 441-445 Smithers 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 - PK to 12
Rating
School
Distance
Bryn Mawr Elementary School
PublicK to 5

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Out Of District Facility
PublicPK 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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441-445 Smithers Avenue South is a multi-family home for sale in Renton, WA 98057. This property was listed for sale on March 27, 2026 by Paragon Real Estate Advisors, it's currently listed at $1,200,000. This listing's school district is Renton School District. Nearby schools include Bryn Mawr Elementary School, Dimmitt Middle School and Renton Senior High School. 441-445 Smithers Avenue South is a 10-bed, 6-bath, 4,100 sqft multi-family home built in 1981.

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 Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 03/27/2026 02:43 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.