King County · Renton
Sell Your Commercial Property In Renton, WA
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Renton and across King County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: The Landing · Downtown Renton · Renton Highlands · Benson Hill — King County, WA
The Renton Market
What Drives Rentals In Renton
Renton, a King County city of 105,317 residents in the Census Bureau's ACS 2020-2024 estimates, rents more than Washington overall. Renters hold 45.6% of Renton's occupied homes, against 36.2% statewide. Median gross rent is $1,998 a month, and 52.7% of Renton renters spend 30% or more of income on rent.
Owners who sell commercial property in Renton, WA bring a mixed stock to market: 33.3% of Renton's 42,551 housing units sit in buildings of five or more units, and 39.1% predate 1980, near Boeing's Renton plant and Valley Medical Center.
Boeing's Renton plant
Boeing builds the 737 at its Renton facility beside Renton Municipal Airport, per the city's airport master plan document.Valley Medical Center
UW Medicine's Valley Medical Center operates as a 341-bed acute care hospital in Renton, per its official fact sheet.Renton Technical College
Renton Technical College enrolls 8,208 students near office parks around The Landing, per its fast facts page.Our Buy Box
What We Buy In Renton
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Renton Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Renton
Renters occupy 45.6% of Renton homes, or 18,566 of 40,672 occupied units, in ACS 2020-2024 tenure data. Renton has 14,152 homes in buildings of five or more units, 33.3% of its 42,551 housing units, per ACS units-in-structure data. Another 39.1% of Renton homes predate 1980, per ACS year-built data.
Rents and affordability
Renton has a median gross rent of $1,998 a month in ACS 2020-2024 rent data, $551 below HUD's FY2027 two-bedroom fair market rent. Among Renton renters, 52.7% spend 30% or more of income on rent, per ACS table B25070.
| Unit size | HUD FY2027 FMR, Seattle-Bellevue, WA HUD Metro FMR Area |
|---|---|
| Efficiency | $2,091 |
| One-bedroom | $2,180 |
| Two-bedroom | $2,549 |
| Three-bedroom | $3,324 |
| Four-bedroom | $3,954 |
Source: HUD fair market rent documentation.
Property taxes in King County
Renton's tax code area 2100 carries a 2026 regular levy rate of $10.57834 per $1,000 of assessed value, per the King County Assessor's ratebook. On a $2,000,000 building in that tax code area, those levies total $21,156.68 a year.
Owners who sell commercial property in Renton, WA also owe Washington's real estate excise tax, which the seller usually pays, per the Department of Revenue. On a $2,000,000 sale beginning January 1, 2027, the state graduated portion is $31,208.50, and Renton's 0.50% local rate adds $10,000, for $41,208.50 total, per the DOR local rate table.
Landlord rules in Renton
Washington's Attorney General guidance sets the 2026 maximum rent increase at 9.683%. Landlords give 90 days' written notice of an increase under RCW 59.18.140, and a 14-day notice precedes an eviction for unpaid rent under RCW 59.12.030.
RCW 35.21.830 preempts rent control by Washington cities and towns, with public and low-income exceptions, and RCW 59.18.280 gives landlords 30 days to return deposits or itemize deductions. Renton also runs a mandatory rental registration program for long-term rentals, renewed every January 31. Owners who sell commercial real estate in Renton, WA should confirm registration status first.
What it means for an owner
Renton's economy centers on Boeing, which builds the 737 at its Renton plant beside Renton Municipal Airport, per the Renton Airport master plan. UW Medicine's Valley Medical Center is a 341-bed hospital, and Renton Technical College enrolls 8,208 students near office parks around The Landing.
To sell commercial property in Renton, WA, lead with the $551 gap to HUD's two-bedroom benchmark and the 33.3% share of homes in larger buildings. Test pricing with our cap rate calculator. Skyline Capital Investments buys buildings of five or more units; if you plan to sell your apartment building in Renton, start with our sell my apartment building page.
Local Knowledge
What Shapes A Renton Offer
More about selling in Washington →Investing in Renton? See apartment syndications in Renton →
- Selling commercial property in Renton means pricing against a $10.57834 per $1,000 levy rate in TCA 2100.
- Renton's median rent of $1,998 sits $551 below HUD's FY2027 two-bedroom fair market rent for Seattle-Bellevue.
- Owners who sell commercial real estate in Renton, WA face $41,208.50 in excise tax on a $2,000,000 sale.
Seller Guides
Your Situation, Handled — Renton
Learn More
Taxes & Rules For Renton Property
The Washington rules that shape any deal in Renton: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Renton Seller FAQ
What should I know before I sell commercial property in Renton, WA?
Renters hold 45.6% of Renton homes in ACS 2020-2024, and median gross rent is $1,998 a month. Renton's tax code area 2100 carries a $10.57834 per $1,000 regular levy rate, or $21,156.68 a year on a $2,000,000 building, per the King County Assessor.
What taxes come due when I sell commercial real estate in Renton, WA?
The seller usually pays Washington's real estate excise tax, per the Department of Revenue. On a $2,000,000 sale beginning January 1, 2027, the state graduated portion is $31,208.50 and Renton's 0.50% local rate adds $10,000, for $41,208.50.
Can Renton pass its own rent control?
No. RCW 35.21.830 preempts rent control by Washington cities and towns, with exceptions for public and low-income properties. Statewide, the 2026 maximum increase is 9.683%, and RCW 59.18.140 requires 90 days' written notice before an increase.
How do Renton rents compare with HUD's benchmark?
Renton's median gross rent is $1,998 in ACS 2020-2024, $551 below HUD's FY2027 two-bedroom fair market rent of $2,549 for Seattle-Bellevue. Owners who sell multifamily property in Renton can show buyers that gap when modeling rents.
Does Renton require landlords to register rental property?
Yes. Renton's rental registration program requires landlords to register long-term residential rentals annually, renewed every January 31, with self-certification unless the city requests a Certificate of Inspection, per the city's official program page for owners.
What if my Renton building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in King County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Renton with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Renton?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Selling A Building In Renton?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
