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JRJeff ReynoldsCompass · Seattle

Listed by Stuart Heath, Bellmark Real Estate

4
Bedrooms
1
Bathrooms
1,730
Square feet
$231
Per sq ft
Single Family Residence
Type
1901
Year built
6,000 sq ft
Lot
6
Days on market

About this property

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.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2550952
Listed
July 7, 2026
Days on market
6
Price per sq ft
$231

Unit & building

Unit levels
One and One Half

Parking

Parking
Detached Garage
Covered spaces
1
Total spaces
1

Views

View
CityMountainsTerritorial

Construction

Year built
1901
Style
17 - 1 1/2 Stry w/Bsmt
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Interior features

Features
Dining Room

Appliances

Appliances
DryerRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
AlleyDead End StreetPavedSidewalk
Lot size
6,000 sq ft

Terms

Terms offered
Cash

Utilities

Water
City of Renton
Sewer
City of Renton
Power
PSE

Schools

District
Renton
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One and One Half
  • Detached Garage
  • City
  • Mountains
  • Territorial
  • House
  • Composition
  • Baseboard
  • None
  • Electric
  • Dining Room
  • Dryer

Listing history

  1. Listed

    $400,000

    July 7, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,330

Principal & interest
$2,023
Property tax (est.)
$307

Assumes $80,000 down (20%), a $320,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 1:45 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.