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  • Listed by: Bellmark Real Estate • Stuart Heath
    $400,000

    500 Mill Avenue S, Renton, WA 98057

    4beds
    1,730sqft
    : 
    $2,459/mo
    Get pre-qualified
    Single Family Residence
    Built in 1901
    5,998 Square Feet Lot
    $-- Zestimate®
    $231/sqft
    $-- HOA

    What's special

    Functional lot
    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.
    37 days
    |
    2,493
    |
    61
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Stuart Heath,

    Bellmark Real Estate,

    Susan Quigg,

    Bellmark Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2550952MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Utility room
      • Level: Lower
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Appliances
      • Included: Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Refrigerator(s), Washer(s)
      Features
      • Dining Room
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,730
      • Total interior livable area: 1,730 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage
      • Has garage: Yes
      • Covered spaces: 1
      Features
      • Levels: One and One Half
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Dining Room
      • Has view: Yes
      • View description: City, Mountain(s), Territorial
      Lot
      • Size: 5,998 Square Feet
      • Dimensions: 50' x 120'
      • Features: Dead End Street, Paved, Sidewalk, Deck
      • Topography: Partial Slope
      • Residential vegetation: Garden Space
      Details
      • Parcel number: 7231500405
      • Zoning: R10
      • Zoning description: Jurisdiction: City
      • Special conditions: See Remarks

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 1/2 Stry w/Bsmt
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Fixer
      • Year built: 1901

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: City of Renton
      • Water: Public, Company: City of Renton

      Community & HOA

      Community
      • Subdivision: Renton Hill
      Location
      • Region: Renton

      Financial & listing details

      • Price per square foot: $231/sqft
      • Tax assessed value: $531,000
      • Annual tax amount: $5,761
      • Date on market: 7/6/2026
      • Cumulative days on market: 39 days
      • Inclusions: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
      • Total actual rent: 2550

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Listed for sale$400,000+100.1%$231/sqft
        Source: NWMLS as distributed by MLS GRID #2550952 Report a problem
        6/10/2020Listing removed$199,950$116/sqft
        Source: Windermere Real Estate/PSR, Inc. #1597396 Report a problem
        5/27/2020Listed for sale$199,950-27.3%$116/sqft
        Source: Windermere Real Estate/PSR, Inc. #1597396 Report a problem
        5/11/2016Listing removed$275,000$159/sqft
        Source: John L Scott Real Estate #893772 Report a problem
        4/19/2016Price change$275,000-8%$159/sqft
        Source: John L Scott Real Estate #893772 Report a problem
        3/24/2016Price change$299,000-8%$173/sqft
        Source: John L Scott Real Estate #893772 Report a problem
        2/11/2016Listed for sale$325,000+18.2%$188/sqft
        Source: John L Scott Real Estate #893772 Report a problem
        9/25/2006Sold$275,000$159/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,762 +8%$531,000 +2.5%
        2024$5,337 +9.3%$518,000 +14.9%
        2023$4,883 +5.9%$451,000 -4.4%
        2022$4,610 +5.3%$472,000 +22%
        2021$4,380 +13%$387,000 +18.7%
        2020$3,876 +3.1%$326,000 +3.5%
        2019$3,759 -2.4%$315,000 -6.3%
        2018$3,852 -0.2%$336,000 +15.5%
        2017$3,859 +37.6%$291,000 +8.6%
        2016$2,805 $268,000 +5.9%
        2015$2,805 $253,000 +14.5%
        2014$2,805 $221,000 +17.6%
        2013$2,805 $188,000 +9.9%
        2012-- $171,000 -10.9%
        2011-- $192,000 +9.1%
        2010-- $176,000
        2009-- $176,000 +1.1%
        2007-- $174,000 +6.7%
        2006-- $163,000 +10.9%
        2005-- $147,000 +69%
        2001$1,052 -0.6%$87,000 +7.4%
        2000$1,058 $81,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Renton Hill

        Getting around

        82 / 100
        Very Walkable
        60 / 100
        Good Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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