351 Factory Ave N, Renton, WA 98057

Multifamily · Renton · Seattle-Bellevue metro, WA

Imagery suggests: low-rise apartments, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 302 reachable multifamily buildings in Renton. Larger than 33% of multifamily buildings in Renton (median 6,852 SF), derived from assessor records.

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Building size: 4,234 SF, King County Assessor
Lot size: 6,173 SF, King County Assessor
Year built: 1968, King County Assessor
Stories: 2, King County Assessor
Predominant use: Manuell Apts, King County Assessor
Units: 6, King County Assessor
Assessed value: $975,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $230.28/SF, derived from assessor records
Lot coverage: 69%, derived from assessor records
Vintage: 1960s vintage
Zoning: R-10, King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1405 N 4th St, Renton · 0 mi · 3,040 SF · built 1954 · assessed $241.45/SF
355 Factory Ave N, Renton · 0 mi · 3,150 SF · built 1926 · assessed $279.05/SF
321 Factory Ave N, Renton · 0.1 mi · 7,236 SF · built 1967 · assessed $268.24/SF
303 Factory Ave N, Renton · 0.1 mi · 3,840 SF · built 1979 · assessed $242.71/SF
1421 N 3rd St, Renton · 0.1 mi · 3,840 SF · built 1977 · assessed $223.96/SF
301 Park Ave N, Renton · 0.2 mi · 17,159 SF · built 1900 · assessed $213.01/SF

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Sale history and market context

MakeMe Estimate: $1,057,985 (estimated market value), with a likely range of $939,160 to $1,206,867 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $176K per unit at the midpoint (6 units).

Current ownership dates to 2020 (about 6 years) per recorded transfers.

2020-05-14: $998,400 from Private party to PGC Renton LLC, rec.

2007-05-11: $532,000 from Private party to Private party (non-market transfer), rec. 20070522002532

2001-05-15: transfer from Private party to Private party (non-market transfer), rec. 20010516003362

1995-03-31: $190,000 from Private party to Private party (non-market transfer), rec. 199504030753

2 administrative transfers (no consideration), 1993 to 1995

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $459,000 (2011) to $975,000 (2026), up 112% over 15 years, per county tax rolls. The 2026 roll splits $975,000 into $240,000 land and $735,000 improvements.

Zoning: R-10 (per King County)

Lot: 6,173 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 3,719 SF; Basement, Parking 515 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)