421 Wells Avenue N, Renton, WA 98057 (MLS # 2478526)
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Listing provided courtesy of Northwest MLS; Real Broker LLC
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Welcome to 421 Wells Ave N in Renton. This classic bungalow offers the flexibility and structure investors are searching for. Positioned on a flat lot with alley access and a detached garage, the home presents multiple exit strategies including rental, resale, or ADU development (buyer to verify).What makes this opportunity stand out is the wraparound financing with a 3.25% interest rate. Take over existing payments without dealing with traditional lenders or hard money terms. Lower monthly expenses create higher cash flow potential and allow more capital for improvements or scaling.The layout is efficient, the lot is versatile, and the location is prime for long-term appreciation. Whether you renovate, hold, or build, this is a smart, accessible move for savvy buyers.
| LAST UPDATED | 2/10/2026 | TRACT | Downtown |
|---|---|---|---|
| YEAR BUILT | 1945 | COMMUNITY | Downtown |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Hazelwood Elem |
|---|---|
| Jr. High School | Risdon Middle School |
| High School | Renton Snr High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater, Water Heater |
| AREA | 350 - Renton/Highlands |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Electric, Forced Air |
| INTERIOR | Double Pane/Storm Window, Water Heater |
| LOT | 4500 sq ft |
| LOT DESCRIPTION | Alley |
| MLS STATUS | Active |
| PARKING | Detached Carport, Driveway, Detached |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Downtown |
| TAXES | 5332 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/10/26 4:35 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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.
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