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$575,000

  • For Sale
  • Active
  • Multi-Family
  • 1 Car Garage

Listed by Marcela Hoag | Pellego, Inc. | (425) 441-3180

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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.

Full Property Details for 1503 Davis Ave S

General

  • Price: $575,000
  • Taxes: $5,413 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2584400
  • Updated: 9/21/2026
  • Added to Site: 24 day(s) ago

Parking

  • Garage Spaces: 1
  • Covered Spaces: 1
  • Uncovered Spaces: 4

Location

  • Area: 340 - Renton/Benson Hill
  • County: King
  • Subdivision: Talbot Hill
  • Driving Directions: From I-5 North, take Exit 2B for Rainier Ave S, continue north on Rainier Ave S, turn right onto S 15th St, then left onto Davis Ave S. Property is on the right.

School Information

  • High School District: Renton

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood Products
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 1,610
  • Year Built: 1938

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.3375
  • Lot Size (Sq. Ft.): 14,700
  • Lot Size Source: Public Records
  • Lot Features: Corner Lot, Paved, Value In Land

Financial Considerations

  • Tax Amount: $5,413.94
  • Tax Year: 2025
  • Terms: Conventional, FHA, Rehab Loan, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3340401240

Listed by Marcela Hoag | Pellego, Inc. | (425) 441-3180

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Schools serving 1503 Davis Ave S

School District:Renton School District
NameGradesDistance
Talbot Hill Elementary School
2300 Talbot Road South, Renton, WA 98055
K-50.6 mi
Dimmitt Middle School
12320 80th Avenue South, Seattle, WA 98178
6-81.9 mi
Renton Senior High School
400 S 2nd St, Renton, WA 98055
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1503 Davis Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Listed
$575,000
27.78%
MLS
11/10/2021
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1503 Davis Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,898
9%
$541,000
3%
2024
$5,413
6%
$524,000
4%
2024
$5,086
4%
$502,000
—
2022
$4,900
20%
$502,000
24%
2021
$4,099
—
$405,000
17%
2021
$4,099
2%
$345,000
2%
2020
$4,026
8%
$338,000
5%
2019
$3,715
1%
$322,000
17%
2018
$3,671
9%
$275,000
10%
2017
$3,381
9%
$249,000
7%
2016
$3,090
9%
$232,000
5%
2015
$2,826
5%
$222,000
18%
2014
$2,694
—
$188,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Marcela Hoag | Pellego, Inc. | (425) 441-3180

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1503 Davis Avenue S, Renton, WA 98055 (MLS# 2584400) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1503 Davis Avenue S is currently listed for $575,000 and was received on September 17, 2026. Want to learn more about 1503 Davis Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Renton? You can browse all Renton real estate or contact a Coldwell Banker agent to request more information.

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