Listed by Keller Williams Downtown Sea
$4,675,800
NEW CONSTRUCTION

117 Wells Ave S Unit A to G Renton, WA 98057

Central Renton Neighborhood

Estimated payment $25,869/month

12 Beds
19 Baths
9,396 Sq Ft
$498 Price per Sq Ft

Highlights

  • New Construction
  • City View
  • Forced Air Heating and Cooling System
  • Spa
  • Deck
  • 2-minute walk to Veterans Memorial Park

About This Home

Investor Alert! SATARA Townhouses ~ Downtown Renton’s premier new construction mixed-use multifamily / hospitality asset! Boutique 6-unit luxury townhouse community + street-front commercial office (~566 SF). Each 2BD/2.5BA residence offers tall ceilings, oversized windows, designer finishes, stainless appliances, covered decks & private garages. Appliances included—even washer & dryer! Zoned CD w/ no HOA or rental restrictions, ideal for hotel-style, Airbnb, corporate housing, or long-term rentals. Turn-key Class A investment generating a 6.7% Cap Rate. Quality new construction = low maintenance + premium rents. Rents based on 2 Airbnb units and 4 long-term rentals. Prime downtown location w/ strong short-term and executive rental demand!

Listing Agent

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068 Listed on: 10/30/2025

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2450992

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,000

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,005 Sq Ft Lot
  • Partially Fenced Property

HOA Fees

  • $96 Monthly HOA Fees

Property Views

  • City
  • Territorial

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 9,396 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 19 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • Ductless Heating Or Cooling System
  • High Efficiency Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Satara Townhomes Condos
  • Downtown Renton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00072001688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,000

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2025
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: SATARA TOWNHOMES
  • New Construction: Yes
  • CalculatedSquareFootage: 9396
  • EffectiveYearBuiltSource: See Remarks
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential
  • Private Spa: Yes
  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: City, See Remarks, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete, Cement Plank, Wood
  • Exterior Features: Cement/Concrete, Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Security: Partially Fenced
  • Cooling: 90%+ High Efficiency, Ductless, Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Ductless, Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Soun Energy
  • SewerCompany: City of Renton
  • WaterCompany: City of Renton
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 96
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Renton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00072001688
  • Lot Size Acres: 0.1379
  • Lot Size Sq Ft: 6005
  • Zoning Description: Commercial,Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Hot Tub/Spa
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.21
  • LeasedItems: None
  • TotalMonthlyIncome: 29500

Tax Info

  • Year: 2025
  • Tax Annual Amount: 15000

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 7000
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $4,675,800 -- $498 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2450992

Northwest Multiple Listing Service (NWMLS)
Washington King County Renton 98057 Central Renton

117 Wells Ave S Unit A to G, Renton, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Nicholas Vilvandre'
Listing Agent
Nicholas Vilvandre'
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Keller Williams Downtown Sea
(425) 361-4022