1503 Davis AVE S, Renton, WA 98055
1503 Davis AVE S, Renton, WA 98055
1503 Davis AVE S, Renton, WA 98055
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Listed by:Pellego, Inc. • Marcela Hoag
$575,000
Est. payment /mo
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3 Beds
2 Baths
1,610 SqFt
Active

1503 Davis AVE S Renton, WA 98055

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,610 sqft

Price per Sqft $357

Subdivision Talbot Hill

MLS Listing ID 2584400

Style 52 - Duplex

Bedrooms 3

Year Built 1938

Annual Tax Amount $5,413

Lot Size 0.337 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 340 - Renton/Benson Hill

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 1.0

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Paved, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Renton

Others

Senior Community No

Acceptable Financing Conventional, FHA, Rehab Loan, USDA Loan, VA Loan

Listing Terms Conventional, FHA, Rehab Loan, USDA Loan, VA Loan


Northwest MLS (NWMLS)

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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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1503 Davis AVE S