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Renton Multi-Family Real Estate Search

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Renton, Washington

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Located just 11 miles southeast of downtown Seattle on the southeast shore of Lake Washington is the city Renton. The city's early economy was based on coal mining, clay production, and timber export. The current prosperous economy is thanks to many progressive technology, service, and manufacturing Renton-based businesses including Boeing, Providence Health & Services, Paccar/Kenworth, Valley Medical Center, and Wizards of the Coast. Renton is also home to the Seattle Seahawks' training facility, the second largest training facility in the NFL.

renton multifamily investment

Renton, WA Demographics (2019):

  • Population: 106,392
  • Owner Occupied Housing Units: 22,088
  • Median Age: 37.2
  • Median Home Value: $423,156
  • Number of Households: 41,052
  • Renter Occupied Housing Units: 18,965
  • Median Household Income:  $80,422
  • Average Household Size: 2.58

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Resources

  • Multifamily Seller's Guide
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  • City of Seattle Zoning Info

Financing, 1-4 Unit Residential 

  • Fairway Mortgage, Troy Chambers
  • Movement Mortgage, Brian Pfeiffer

Financing, 5+ Unit Commercial 

  • American Commercial Mortgage Network, Al Williams
  • Bellevue Capital Group, Robert Meunier
  • Sound Credit Union Business Lending

 

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Recent Blog Posts

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  • 2023 Q1 Market Analysis
  • Housing Market Predictions 2023: A Post-Pandemic Sales Slump Will Push Home Prices Down For the First Time in a Decade
  • Q3 2022 State of the Market and Data
  • The Fed Basically Admitted It. They Want a Housing Correction
  • Housing Recession Deepens
  • 7 Reasons Why Home Values Won't Collapse
  • Burien Fourplex :: Just Listed :: 13244 12th Ave SW, Burien
  • Top 10 Misconceptions About 1031 Exchanges for 2020

 

 

 

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Sound Realty Group, Inc

6553 California Ave SW, Suite B

Seattle, WA 98136

Charles Burnett, Principal


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