You might as well steal this one. Listing is being offered below the current assessed land value of $412,000. Opportunity to restore this fire damaged 1901 craftsman on 9,600 sqft multi-family lot. Spacious 5Br/1.5Ba, 1,800 sqft home, along with a detached garage that had been converted to living quarters. The property is just a couple of blocks from Renton downtown business district and rapid transit center, with an excellent 95 walk score. Highly desirable property is zoned R14 with alley access, providing the option of keeping the exiting house and adding more units. Next door, 501 Burnett Ave is also available. The combined properties totaling 15,600 sqft will make an excellent multiunit development at the confluence of I-405 & SR 167.
Sold
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Listed by:
Paul Lau,
John L. Scott Des Moines
Bought with: Pellego, Inc.
$435,000
505 Burnett Avenue S, Renton, WA 98057
5beds
1,800sqft
Single Family Residence
Built in 1901
9,600.62 Square Feet Lot
$643,300 Zestimate®
$242/sqft
$3,395 Estimated rent
Home value
$643,300
$566,000 - $720,000
$3,395/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 13, 2025 at 11:08am
Offers reviewed: Jul 29
Listed by:
Paul Lau,
John L. Scott Des Moines
Bought with:
Xuanly Le, 130146
Pellego, Inc.
Source: NWMLS,MLS#: 2412922
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Refrigerator(s), Stove(s)/Range(s)
Features
- Flooring: Hardwood
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Off Street
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
Lot
- Size: 9,600 sqft
- Features: Corner Lot, Curbs, Paved, Sidewalk
- Topography: Level
Details
- Parcel number: 7839300110
- Zoning: R14
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1901
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Renton
- Water: Public, Company: City of Renton
Community & neighborhood
Location
- Region: Renton
- Subdivision: Downtown
HOA & financial
Other financial information
- Total actual rent: 1825
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Cumulative days on market: 78 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $435,000+9.3%$242/sqft |
Source:  NWMLS #2412922 Report a problem | ||
| 7/29/2025 | Pending sale | $398,000$221/sqft |
Source: NWMLS #2412922 Report a problem | ||
| 7/25/2025 | Listed for sale | $398,000-33.1%$221/sqft |
Source: NWMLS #2412922 Report a problem | ||
| 7/8/2025 | Listing removed | $595,000$331/sqft |
Source: John L Scott Real Estate #2365808 Report a problem | ||
| 4/26/2025 | Listed for sale | $595,000-49.9%$331/sqft |
Source: John L Scott Real Estate #2365808 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,386 +6.5% | $520,000 +11.8% |
| 2023 | $5,059 +2.4% | $465,000 -7.4% |
| 2022 | $4,943 +5.1% | $502,000 +21.8% |
Find assessor info on the county website
Neighborhood: South Renton
Nearby schools
GreatSchools rating
- 5/10Bryn Mawr Elementary SchoolGrades: K-5Distance: 1.8 mi
- 4/10Dimmitt Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Renton Senior High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Bryn Mawr Elem
- Middle: Dimmitt Mid
- High: Renton Snr High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$643,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$643,300