$400,000
Listed at $495,0002 bd•1 ba•1,340 sq ft
501 Burnett Avenue S, Renton, WA 98057
• Listed 2025-04-25
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Based on information submitted to the MLS GRID as of September 22, 2025 at 04:05am (date and time MLS GRID Data was obtained). 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.
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Opportunity knocks. Spacious 2Br/1Ba, 1,340 sqft home on large 6,000 sqft conner lot, located just couple of blocks from Renton downtown business district and rapid transit center, with an excellent 95 walk score. Highly desirable property is zoned R14, prominently occupies the SW corner of Burnett Ave S & S Fifth St, it borders a paved alley on the third side. The house sits on the front portion of the property leaving a large area to potentially add a DADU or additional units. Next door, 505 Burnett Ave is also available. The combined properties totaling 15,600 will make an excellent multiunit development at the confluence of I-405 & SR 167. Please be discreet, and do not bother tenants. Please be discreet, and do not bother tenants.
Listed by Paul Lau • John L. Scott Des Moines
Listing updated: September 22, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2365795
Open houses
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Open Sun, Aug 23$590,000
+$190,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $400K and $604K.
Rental earnings
$1,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$400,000Last sold price
501 Burnett Avenue S, Renton, WA 98057
$603,500Last sold price
523 Williams Avenue S, Renton, WA 98057
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Renton is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$790,000 Sold
6 days ago
3 bd•2 ba•~1,880 sq ft•Single Family
811 Grant Avenue S, Renton, WA 98057
3%
Under list
—
Days on market
0.5 mi
Distance
$760,000 Sold
2 weeks ago
4 bd•1.75 ba•~1,750 sq ft•Single Family
1210 N 2nd Street, Renton, WA 98057
9%
Over list
—
Days on market
0.7 mi
Distance
$600,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,350 sq ft•Single Family
251 Meadow Avenue N, Renton, WA 98057
0%
Over list
—
Days on market
0.8 mi
Distance
$600,000 Sold
2 weeks ago
•Single Family
251 Meadow Avenue N, Renton, WA 98057
0%
Over list
—
Days on market
0.8 mi
Distance
$538,000 Sold
3 weeks ago
3 bd•1.5 ba•~1,390 sq ft•Single Family
119 1/2 Main Street, Renton, WA 98057
2%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Renton School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
