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117 Wells Ave S
Renton, WA 98057
Satara Townhouses · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Prime Downtown Location
  • Steps to dining, coffee, shopping, and transit
  • Across from Riverfront Park & the River Walk
  • High appreciation potential

Executive Summary

Investor Alert!
SATARA Townhouses — Mini-Suites Hotel | Downtown Renton’s Premier New Modern Mixed-Use Opportunity!
Boutique 6-unit luxury townhouse community with a street-front commercial office suite—perfect for live/work, boutique hotel, or income property. Exceptional potential for Airbnb, traveling-nurse stays, or turn-key hotel-style operation—no rental cap, no HOA restrictions, and ready for immediate income!
Each modern 2BD/2.5BA home showcases open-concept living, tall ceilings, oversized windows, designer kitchens with stainless appliances, and all appliances included—even washer & dryer! Bedrooms feature private en-suites, covered decks, and attached garages. The front commercial office (~566 SF) adds flexibility and long-term value.
Prime Downtown Location! Across from Riverfront Park & the River Walk—steps to dining, coffee, shopping, and transit.
Strong cash flow, high appreciation potential, and endless rental demand—a rare turn-key multifamily or boutique-hotel investment in Renton’s fastest-growing market.
Pricing:
• 4 units @ $759,800 each
• 2 premium units @ $799,850 each
Total Offering: 6 Units + 566 sqft Commercial Office

Property Facts

Price Per Unit $779,300
Sale Type Investment
Cap Rate 7.38%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Townhome
Building Class B
Lot Size 0.14 AC
Building Size 11,495 SF
No. Stories 3
Year Built 2025
Zoning CD

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Views
  • Wi-Fi
  • Family Room
  • Island Kitchen

Site Amenities

  • Storage Space
  • Multi Use Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 4 $3,500 1,430

Property Taxes

Property Taxes

Parcel Number
000720-0168
Land Assessment
$267,200
Improvements Assessment
$0
Total Assessment
$267,200
  • Listing ID: 38257167

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 117 Wells Ave S, Renton, WA 98057

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