All homes

$575,000

1503 Davis Avenue

Renton, WA 98055

Active

Beds

Baths

Sq Ft

Lot

0.34 ac

Year built

1938

Type

Residential Income

Days listed

0

MLS #

2584400

About this home

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—contact listing agent for details.

Exterior features

Wood Products

Property details

Heating
Baseboard
Cooling
None
Lot
Corner Lot, Paved, Value In Land
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$5,414 (2025)

Estimate your monthly payment

$3,359/mo

Principal & interest
$2,908
Property taxes
$451
Loan amount $460,000

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 98055

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Pellego, Inc.— Marcela Hoag.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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