Exceptional development opportunity on desirable Renton Hill! Zoned R-8 with the potential for up to four residential units (buyer to verify). The existing remodeled home provides an excellent opportunity to generate rental income while plans are finalized and permits are secured, helping offset holding costs during the entitlement process. Elevated site offers sweeping Lake Washington, Seattle skyline, and city views, making this an ideal project for builders, investors, or developers. Conveniently located just minutes from Downtown Renton, The Landing, I-405, parks, shopping, and dining. Rare chance to secure a view property with strong redevelopment potential in one of Renton's most desirable neighborhoods.
Active
Listed by: COMPASS • Ramiro Olmos Munoz
$624,999
1315 S 7th St, Renton, WA 98057
2beds
810sqft
:
Get pre-qualified$3,841/mo
Single Family Residence
Built in 1909
9,326 Square Feet Lot
$605,100 Zestimate®
$772/sqft
$-- HOA
What's special
Elevated siteExisting remodeled home
- 9 hours |
- 56 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Ramiro Olmos Munoz,
COMPASS,
Luis Guzman Rivera,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2565292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Heating
- Radiator, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Dining Room
- Flooring: Hardwood
- Windows: Triple Pane Windows
- Basement: Bath/Stubbed,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 810
- Total interior livable area: 810 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached Garage
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Dining Room, Security System, Triple Pane Windows, Vaulted Ceiling(s)
- Has view: Yes
- View description: City, Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 9,326 Square Feet
- Features: Corner Lot, Value In Land, Deck, High Speed Internet
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 3294700190
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1909
- Major remodel year: 1909
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Renton Hill
Location
- Region: Renton
Financial & listing details
- Price per square foot: $772/sqft
- Tax assessed value: $678,000
- Annual tax amount: $7,296
- Date on market: 8/11/2026
- Cumulative days on market: 2 days
- Listing terms: Conventional,FHA,Rehab Loan,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$605,100
$575,000 - $635,000
$2,582/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $624,999+30.2%$772/sqft |
Source:  NWMLS as distributed by MLS GRID #2565292 Report a problem | ||
| 1/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/7/2023 | Listed for rent | $3,200$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/8/2021 | Sold | $479,950+192.7%$593/sqft |
Source: NWMLS as distributed by MLS GRID #1827723 Report a problem | ||
| 8/2/2004 | Sold | $164,000$202/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,297 +7.9% | $678,000 +2.4% |
| 2024 | $6,760 +9.4% | $662,000 +14.7% |
| 2023 | $6,180 +36.1% | $577,000 +22.8% |
| 2022 | $4,540 +5.4% | $470,000 +22.1% |
| 2021 | $4,308 +13.3% | $385,000 +18.8% |
| 2020 | $3,803 +3.2% | $324,000 +3.5% |
| 2019 | $3,686 +3.1% | $313,000 -0.6% |
| 2018 | $3,577 -0.4% | $315,000 +15.4% |
| 2017 | $3,591 +36.7% | $273,000 +8.8% |
| 2016 | $2,628 | $251,000 +5.9% |
| 2015 | $2,628 | $237,000 +14.5% |
| 2014 | $2,628 | $207,000 +17.6% |
| 2013 | $2,628 | $176,000 +10% |
| 2012 | -- | $160,000 -11.1% |
| 2011 | -- | $180,000 -8.6% |
| 2010 | -- | $197,000 |
| 2009 | -- | $197,000 +1.5% |
| 2007 | -- | $194,000 +6.6% |
| 2006 | -- | $182,000 +11% |
| 2005 | -- | $164,000 +30.2% |
| 2001 | $1,521 -0.3% | $126,000 +7.7% |
| 2000 | $1,526 | $117,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Renton Hill
Nearby schools
GreatSchools rating
- 6/10Talbot Hill Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Dimmitt Middle SchoolGrades: 6-8Distance: 2 mi
- 2/10Renton Senior High SchoolGrades: 9-12Distance: 0.8 mi
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