1503 Davis Avenue S Renton, WA $ 575,000
1503 Davis Avenue S
$ 575,000
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1503 Davis Avenue S

Renton, WA, 98055
$ 575,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,971

Listed by Pellego, Inc.
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Lots and Land for sale in Renton, WA

for $575,000. The lot size is 0.3375.

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.

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Lots and Land Active

Price

$ 575,000

Property Type

Lots and Land

Taxes

$ 5,413

Style

Multi-Family

Lot Size

0.3375

Town/City

Renton

County/Region

King

MLS | Web ID

2584903

Features
General
Living Area 0
Sewer On Property
Utilities Electricity Connected
Possession Closing
HOA Fee 0
Topography Level
Property Subtype Land
Tax Year 2025
County King
Property Type Land
HOA N
Subdivision Name Talbot Hill
Possible Use Multi-Family Residential See Remarks
Special Listing Conditions None
Status Active
Directions From I-5 North take Exit 2B for Rainier Ave S continue north on Rainier Ave S turn right onto S 15th St then left onto Davis Ave S. Property is on the right.
City Renton
Senior Community Y/N N
High School District Renton
Zoning Description Multi-Family Residential See Remarks
MLS Area 340 - Renton/Benson Hill
Lot Size Units Square Feet
Lot Size Square Feet 14700
Carport Y/N N
Listing Terms Conventional FHA Rehab Loan VA Loan
Tax Annual Amount 5413.94
Public Remarks 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 futur
Structure Type None
Building Area Units Square Feet
Standard Status Active
Gas Status Not Available
Property Style 42 - Multi-Family
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Paved
Water Source See Remarks
Building Area Total 0
Lot Size Acres 0.3375
Waterfront Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2584903
Street Number 1 1503
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* Excluded Features
List By
Marcela Hoag

Listing Agent

Pellego, Inc.

Broker

marcela@pellego.com

Email

Affordability Calculator

$4,422
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257590 Elementary School
258645 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$575,000 Listed Price

Map


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1503 Davis Avenue S, Renton, WA, 98055 is a Lots and Land for sale at $575,000 with a lot size of 0.3375. 1503 Davis Avenue S has 0.0 baths. The property's zip code is 98055 which is in Renton, WA