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Extensively renovated fourplex on a spacious 8,250-sq-ft corner lot in the heart of downtown Renton. The 2,930-sq-ft building offers two 2-bedroom/1-bath units and two 1-bedroom/1-bath units-an excellent setup for an investor or an owner-occupant seeking rental income. Major improvements include a new roof and gutters, plumbing and electrical updates, a tankless hot-water system, new attic and crawl-space insulation, and updated kitchens, bathrooms, flooring, and appliances. The property also features a garage, storage lockers, and parking for up to five vehicles; and plenty of additional parking. Currently operated as an short-term rental for little over two years with first year gross rental revenue of $136,950 and second year gross rental of $140,032. The current cap rate is 6.8%. Financial records are available upon request, with additional income-growth potential. With a Walk Score of 97, the property is close to downtown restaurants, shopping, transit, The Landing, Renton Municipal Airport, Boeing, Valley Medical Center, the Seahawks Training Facility, and Alaska Airlines' training center. Convenient access to I-405 and I-5, with SeaTac Airport, Seattle, and Bellevue all within easy reach.

Property Details of 621 Houser Way S

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

Listed by Craig Ruden of Best Choice Realty

Map Location

Listing data courtesy of NWMLS as provided by MLS Grid as of September 27, 2026 11:31 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. 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.

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