on the market

Listings/Whitworth Lane

Whitworth Lane

On the Market

Price: $5,300,000

Offers Due: Upon Receipt

Tours: Contact Broker

 

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Site Details

Address
633 Whitworth Ln S, Renton, WA
Year built
1943
# of Units
25
Avg Unit Size
622
NRSF
15,560 SF
Parking
On-Site
Site Area
64,955 SF
Parcel No
179060-0010

Unit Mix

1 x 1
24 Units (avg. 600 SF)
2 x 1
1 (900 SF)

Opportunity

25 Unit Value-Add on 1.5 acres in Renton

REFRESH CLASSIC UNITS WITH THE FOLLOWING UPGRADES

  • Stainless Steel Appliances
  • New Cabinet Faces & Modern Countertops
  • Luxury Vinyl Plank Flooring
  • Updated Bathrooms
  • Add Washer/Dryer in Units (Hook-Ups Already In)
  • Modern Lighting & Fixtures

Washer & Dryer

All units already have hook-ups for washer and dryer, new ownership just needs to add the machines.

Future Opportunity

New ownership could either subdivide and sell the individual buildings as duplexes or hold for a potential rezone, creating a covered land play

Interior Upgrades

The property is well-maintained but offers potential for interior upgrades that could lead to rental increases and improved returns. Investors can capitalize on this upside by modernizing units to meet current market trends.

Exceptional Location

Neary downtown Renton and the Landing, Whitworth Lane offers proximity to employers and lifestyle for the tenants.

Location

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Whitworth Lane

633 Whitworth Ln S
Renton, WA 98057
Units: 25
Price: $5,300,000

About the Area

Renton offers a prime investment opportunity, driven by its robust economy, exceptional connectivity, and a vibrant community.

Renton is a dynamic and well-connected community in the heart of the Puget Sound region. Located just 11 miles southeast of downtown Seattle and minutes from Sea-Tac International Airport, Renton offers residents and businesses unparalleled access to key transportation corridors, including I-405, I-5, and SR-167.

Renton’s location along the southern shores of Lake Washington provides residents with picturesque waterfront parks, walking trails, and outdoor activities. The Landing, Renton’s premier mixed-use development, offers a variety of dining, shopping, and entertainment options.

As a hub for major employers such as Boeing, PACCAR, and Kaiser Permanente, Renton boasts a diverse and skilled workforce. The city’s business-friendly atmosphere continues to attract new developments, from innovative tech spaces to modern residential communities. Renton’s affordability compared to neighboring Seattle makes it an increasingly popular destination for families, professionals, and investors.

Renton also benefits from its rich community offerings, including cultural centers, public art installations, and seasonal events. The city’s commitment to revitalization is evident in its modernized downtown core and ongoing infrastructure improvements, further enhancing its appeal as a place to live, work, and invest.

104,491

POPULATION

$120,047

AVERAGE HOUSEHOLD INCOME (2 MILES)

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