For sale Home

Listed Jul 7, 2026

$338,000 Est. $2,236/mo

500 Mill Avenue South

  • 4

    Beds

  • 1

    Baths

  • 1,330

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1901

Price per sq ft

$254

Included features

  • Basement

    Yes

  • Heating

    Baseboard

  • Appliances

    Dryer, Refrigerator, Stove(s)/Range(s), Washer

  • Roof

    Composition

  • Lot Information

    Alley, Dead End Street, Paved, Sidewalk

  • Exterior

    Wood

  • Water Source

    Public

  • Sewer

    Sewer Connected

  • View

    City, Mountain

Mortgage calculator

Estimated monthly payment

$2,236 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,799
  • Property tax $338
  • Insurance $99

Includes principal, interest, taxes & insurance.

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Listing Broker

Bellmark Real Estate

Broker Name

Bellmark Real Estate

Agent

Stuart Heath