All homes

$375,000

Reduced $25,000 — was $400,000

500 Mill Avenue

Renton, WA 98057

Active
City viewMountains viewTerritorial view

Beds

4

Baths

1

Sq Ft

1,330

Lot

0.14 ac

Year built

1901

Type

Residential

Days listed

71

MLS #

2550952

About this home

Bring your tools, design plans, and sweat equity to 500 Mill Avenue South! Nestled in a highly accessible Renton neighborhood, this property presents a fantastic blank slate for flippers, landlords, or ambitious homeowners looking to build immediate equity in a competitive real estate market. The home is in clear need of some repairs, structural attention, and cosmetic updates to fulfill its true potential, making it the perfect candidate for a comprehensive transformation. Because of the required updates, traditional financing will likely not qualify, making this property a cash-only sale. The property is strictly being sold in its current "as-is, where-is" condition with all faults. The seller will make no repairs, modifications, or inspection concessions, allowing an investor to step in and take full charge of the renovation process. Situated on a functional lot with R-10 high-density zoning potential, this location offers convenient access to Downtown Renton, local parks, transit corridors, and major highway routes for an easy daily commute. Do not miss this rare opportunity to purchase a high-potential project in a thriving community. Buyers are advised to verify all property conditions, boundaries, and development capacity to their own satisfaction. Sale subject to approval by the King County Superior Court.

Interior features

Dining Room

Exterior features

Wood

Appliances

DryerRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Baseboard
Cooling
None
Parking
Detached Garage
View
City, Mountains, Territorial
Lot
Alley, Dead End Street, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected
Levels
One and One Half

Costs

Price / sq ft
$282
Annual taxes
$5,762 (2026)

Estimate your monthly payment

$2,376/mo

Principal & interest
$1,896
Property taxes
$480
Loan amount $300,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Renton, WA 98057

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Bellmark Real Estate— Stuart Heath.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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