Turnkey 4-plex opportunity in Federal Way! Strong rental fundamentals and major capital improvements already completed—ideal for both seasoned investors and those looking to expand their portfolio. This spacious property offers 3,056 rentable sq ft across four well-designed 2 bed / 1 bath units, all fully occupied, providing immediate and consistent income. Each unit features in-unit washer & dryer, dedicated covered parking, and comfortable living spaces that stay in demand which enhances tenant appeal and retention! The building envelope has been recently refreshed with significant exterior upgrades, including a new roof (2024) with warranty, new chimney chase cover, new gutters, and a full exterior paint job—minimizing deferred maintenance and future capital expenses. Hello, fewer surprise expenses! With big-ticket items already addressed, this investment offers a more predictable ownership experience and allows the next owner to focus on cash flow and long-term appreciation. The location is a win—close to restaurants, shopping, transit, and schools, plus just minutes to the new Sound Transit light rail. A low-maintenance, income-producing asset that you don’t want to miss!
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Psr, Inc. / Heather Maddox
$549,950 (USD)
Downtown Area Residential
Pending Inspection
334 Wells Avenue N Renton, WA 98056
4 Bed
2 Baths
1430 sqft
MLS# 2499498
First time on the market! This cherished 4-bedroom, 2-bath home has been lovingly maintained by the same family for generations and is ready for its next chapter. Ideally located in the heart of Downtown Renton, you’ll enjoy close proximity to schools, restaurants, transit, The Landing, SeaTac Airport, parks, river trails, and easy freeway access. Inside, you’ll find a cozy living room with a gas fireplace, a dedicated dining space, and a spacious pass-through kitchen perfect for everyday living and entertaining. Generously sized bedrooms offer flexibility, including a versatile 4th bedroom ideal for a home office or guest space. The primary bedroom features its own continental bathroom for added convenience. Recent upgrades include a new furnace and A/C, adding comfort and efficiency year-round. Upstairs, a large attic presents incredible potential - bring your vision to life by insulating, adding dormers, and creating additional usable square footage. Outside, enjoy a covered patio ideal for year-round entertaining, an oversized storage shed, and ample parking with space for up to 5 vehicles including a carport area. Being sold as-is, this well-cared-for home offers a rare opportunity to own a special property in a prime location with room to grow!
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Psr, Inc. / Heather Maddox
$549,950 (USD)
Renton Area Residential
Pending Inspection
334 Wells Avenue N Renton, WA 98056
4 Bed
2 Baths
1430 sqft
MLS# 2501080
First time on the market! This cherished 4-bedroom, 2-bath home has been lovingly maintained by the same family for generations and is ready for its next chapter. Ideally located in the heart of Downtown Renton, you’ll enjoy close proximity to schools, restaurants, transit, The Landing, SeaTac Airport, parks, river trails, and easy freeway access. Inside, you’ll find a cozy living room with a gas fireplace, a dedicated dining space, and a spacious pass-through kitchen perfect for everyday living and entertaining. Generously sized bedrooms offer flexibility, including a versatile 4th bedroom ideal for a home office or guest space. The primary bedroom features its own continental bathroom for added convenience. Recent upgrades include a new furnace and A/C, adding comfort and efficiency year-round. Upstairs, a large attic presents incredible potential - bring your vision to life by insulating, adding dormers, and creating additional usable square footage. Outside, enjoy a covered patio ideal for year-round entertaining, an oversized storage shed, and ample parking with space for up to 5 vehicles including a carport area. Being sold as-is, this well-cared-for home offers a rare opportunity to own a special property in a prime location with room to grow!
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Psr, Inc. / Heather Maddox
$489,950 (USD)
Chelsea Park Area Residential
Active
220 SW 137th St Burien, WA 98166
2 Bed
1 Baths
700 sqft
MLS# 2497656
Great condo alternative with serious upside. This updated home sits on an almost 10,000 sq ft lot, offering options for an easy investment hold, future expansion, or potential development (buyer to verify). Inside, you’ll find an updated kitchen with slab quartz counters and stainless appliances, LVP flooring throughout, newer vinyl windows, and an updated full bath. Comfort is covered year-round with efficient heating and A/C via a mini-split, plus refreshed lighting throughout. The long lasting & durable metal roof was recently added! Out back, enjoy a huge yard with garden space and room to relax, play, or entertain. Convenient location with quick access to the airport and downtown, plus close to shopping, parks, schools, and more. A great home with flexibility for whatever your next chapter is.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Psr, Inc. / Heather Maddox
$395,000 (USD)
East Hill Area Land
Active
13410 SE 256th Street Kent, WA 98042
Bed
0 Baths
sqft
MLS# 2466786
Rare opportunity in a convenient Kent location! This versatile .29-acre property features an impressive oversized 35' x 39' heated shop w/ room for 6 vehicles- perfect for car enthusiasts, storage needs, or future workshop dreams. Property comes w/ drafted plans for those who want to expand the shop & build a home on-site, offering incredible potential for a custom live-work setup. Utilities are available (electricity connected; water, gas & sewer in the street). Whether you're looking for a functional shop space now or envision a larger future build, this property delivers flexibility, possibility & unbeatable convenience. Recent updates include a 2-year-old roof & refreshed interior & exterior paint (2023), making the space feel ready for your vision.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Windermere Real Estate Psr, Inc. / Brandi Nelson