Active · Residential Income

1503 Davis Avenue S, Renton, WA 98055

Renton, WA 98055

$575,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Pellego, Inc. · MLS #2584400 · Active

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About this property

Exceptional investment and development opportunity on top of Talbot Hill in Renton. Existing 1930s duplex which sits on a large 14,700 SF corner lot, zoned R-6, with excellent street frontage for future development. Keep the duplex as a rental while building, renovate and partition a second lot, or explore redevelopment potential including multiple homes & DADUs, or middle housing (buyer to verify). Potential territorial views with new two-story construction. Roof replaced in 2021. Both units are tenant occupied on month-to-month leases, offering flexibility for investors and builders. Rent is currently below market. Unit A has 2 bedrooms & 1 bathroom, while Unit B has 1 bedroom & 1 bathroom. Detached garage, basement storage, and city sewer. Seller is open to extended closing and builder-friendly terms.

Property details

Property type: Multi Family
Year built: 1938
Lot size: 14,700 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,414 (2025)
Parking spaces: 5
School district: Renton

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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