$338,000
Est. $1,872/moPrice reduced $62,000 from the original $400,000 asking price
4 bd•1 ba•1,330 sq ft
500 Mill Avenue S, Renton, WA 98057
• Listed Jul 7, 2026•105 days active · 105 cumulative
Listing Broker: Bellmark Real Estate; Stuart Heath; 425-881-8808; Stuart@BellmarkRealEstate.com
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Listing Broker: Bellmark Real Estate; Stuart Heath; 425-881-8808; Stuart@BellmarkRealEstate.com
About this home
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.
Listed by Stuart Heath • Bellmark Real Estate
Listing updated: October 2, 2026 at 02:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2550952
Around this home
How much should you offer?
500 Mill Avenue S, Renton, WA 98057
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Dining Room
- Unfinished basement
Kitchen
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 1 on the main level
- 3 upstairs
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- 1 1/2 Stry w/Bsmt
- 1,330 sq ft finished, 400 sq ft unfinished
- 360 sq ft garage
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerRenton School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 50'x120'
- Topography
- Partial Slope
- Vegetation
- Garden Space
- Zoning code
- R10
- Zoning jurisdiction
- City
- Faces
- West
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- PSE
- Water company
- City of Renton
- Sewer company
- City of Renton
- Garbage service
- Republic Services
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
- Excluded items
- No
New construction
- Square footage source
- King County Records
- Lot size source
- King County Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 500 Mill Avenue S
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 2, 2026Price reducedNWMLS via MLS Grid · #2550952$338,000$254/sq ft
- Jul 7, 2026ListedNWMLS via MLS Grid · #2550952$400,000$301/sq ft
- Dec 24, 1982Recorded saleKing County recorder · Warranty deed$50,000$38/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,437 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Bellmark Real Estate; Stuart Heath; 425-881-8808; Stuart@BellmarkRealEstate.com
Market pulse
Renton is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 72 days.
Recent sales nearby
Within 1 mile · last 6 months$597,000 Sold
5 days ago
4 bd•2 ba•~1,420 sq ft•Single Family
535 Morris Avenue S, Renton, WA 98057
0%
Over list
35
Days on market
0.4 mi
Distance
$610,000 Sold
2 weeks ago
3 bd•2.5 ba•~1,270 sq ft•Single Family
314 Factory Avenue N, Renton, WA 98057
2%
Under list
142
Days on market
0.8 mi
Distance
$440,000 Sold
3 weeks ago
3 bd•1 ba•~1,250 sq ft•Single Family
544 S Morris Avenue, Renton, WA 98057
4%
Over list
42
Days on market
0.4 mi
Distance
$375,000 Sold
4 weeks ago
3 bd•1.75 ba•~830 sq ft•Single Family
810 N 4th Street, Renton, WA 98057
1%
Over list
63
Days on market
0.9 mi
Distance
$665,000 Sold
6 weeks ago
•Single Family
827 N 1st Street, Renton, WA 98057
0%
Over list
95
Days on market
0.6 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 6:19 AM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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