$435,000
Listed at $398,0005 bd•1.5 ba•1,800 sq ft
505 Burnett Avenue S, Renton, WA 98057
• Listed 2025-07-25
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Based on information submitted to the MLS GRID as of October 13, 2025 at 11:08am (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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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.
Listed by Paul Lau • John L. Scott Des Moines
Listing updated: October 13, 2025 at 11:08am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2412922
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
See more →
Open Sun, Jun 21 +7$623,000
+$188,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $435K and $800K.
Rental earnings
$1,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$435,000Last sold price
505 Burnett Avenue S, Renton, WA 98057
$599,999Last sold price
535 Morris 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: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 4 days.
$650,500 Sold
3 days ago
2 bd•1 ba•~1,060 sq ft•Single Family
423 Lind Avenue Sw, Renton, WA 98057
3%
Over list
—
Days on market
0.7 mi
Distance
$440,000 Sold
3 days ago
3 bd•1 ba•~1,760 sq ft•Single Family
308 Taylor Avenue Nw, Renton, WA 98057
10%
Over list
—
Days on market
0.9 mi
Distance
$550,000 Sold
1 week ago
3 bd•1 ba•~1,310 sq ft•Single Family
328 Garden Avenue N, Renton, WA 98057
0%
Over list
—
Days on market
0.9 mi
Distance
$800,000 Sold
2 weeks ago
•Single Family
421 Wells Avenue S, Renton, WA 98057
3%
Under list
—
Days on market
0.1 mi
Distance
$800,000 Sold
2 weeks ago
4 bd•3 ba•~2,310 sq ft•Single Family
421 Wells Avenue S, Renton, WA 98057
3%
Under list
—
Days on market
0.1 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 Jun 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.
