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  • Listed by: Skyline Properties, Inc. • Lemlem H. Tesfay
    $500,000

    701 SW Sunset BLVD, Renton, WA 98057

    --beds
    --baths
    0.28Acres
    Unimproved Land
    Built in ----
    0.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare redevelopment opportunity in Renton’s established Earlington Hill neighborhood. This approximately 12,000 SF RMF-2-zoned site is well positioned near downtown Renton, shopping, services, employment centers, public transportation, I-405 and SR 167, with convenient connections to Seattle and the Eastside. The area continues to benefit from regional growth and major transportation investment. Washington’s statewide housing initiatives and Renton’s Comprehensive Plan encourage additional housing supply, diverse housing choices, compact development and more efficient use of urban land near jobs, services and transit. Preliminary engineering and a conceptual site plan illustrate a seven-unit apartment project consisting of five two-bedroom and two one-bedroom residences. The preliminary zoning analysis indicates potential for approximately 5–11 dwelling units, with a five- to six-unit townhome configuration also identified as a possible alternative. The property currently contains an older residence considered a tear-down. Development concepts are preliminary and have not received final City approval. Buyer to independently verify zoning, density, permitted uses, utilities, access, right-of-way requirements, critical areas, stormwater, frontage improvements and all other development feasibility. Property sold as-is. Preliminary engineering memorandum and conceptual site plan are available for review.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Lemlem H. Tesfay,

    Skyline Properties, Inc.,

    Daniel Birk,

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2572052MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Lot
      • Size: 0.28 Acres
      Details
      • Parcel number: 2143701730
      • Zoning: RMF-2-zoned
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Utilities & green energy

      • Electric: Available
      • Gas: Available
      • Sewer: Available
      • Water: Available
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: Earlington
      Location
      • Region: Renton

      Financial & listing details

      • Tax assessed value: $511,000
      • Annual tax amount: $5,669
      • Date on market: 9/23/2026
      • Road surface type: See Remarks

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/23/2026Listed for sale$500,000
        Source: NWMLS as distributed by MLS GRID #2572052 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,561 -1.9%$511,000 -7.1%
        2024$5,669 +63.1%$550,000 +74.1%
        2023$3,476 +1.4%$316,000 -7.3%
        2022$3,427 +5.1%$341,000 +21.8%
        2021$3,262 +460.4%$280,000 +39.3%
        2020$582 -0.2%$201,000
        2019$583 -1.4%$201,000
        2018$592 +9.2%$201,000 +15.5%
        2017$542 +28.1%$174,000 +22.5%
        2016$423 $142,000 +0.7%
        2015$423 $141,000 +10.2%
        2014$423 $128,000 +20.8%
        2013$423 $106,000 -3.6%
        2012-- $110,000 -45.3%
        2011-- $201,000
        2010-- $201,000 -5.2%
        2009-- $212,000 -0.9%
        2007-- $214,000 +6.5%
        2006-- $201,000 +18.2%
        2005-- $170,000 +63.5%
        2001$1,256 +1.3%$104,000 +9.5%
        2000$1,240 $95,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Earlington Hill

        Getting around

        67 / 100
        Somewhat Walkable
        55 / 100
        Good Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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