$500,000
Est. $2,770/mo701 SW Sunset BLVD, Renton, WA 98057
• Listed Sep 22, 2026•25 days active · 25 cumulative
Listing Broker: Skyline Properties, Inc.; Lemlem H. Tesfay; 206-375-9349; lemlem@skylineproperties.com
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Listing Broker: Skyline Properties, Inc.; Lemlem H. Tesfay; 206-375-9349; lemlem@skylineproperties.com
About this home
Rare redevelopment opportunity in Renton’s established Earlington Hill neighborhood. This approximately 12,000 SF RMF-2-zoned site is well positioned near downtown Renton, shopping, services, employment centers, public transportation, I-405 and SR 167, with convenient connections to Seattle and the Eastside. The area continues to benefit from regional growth and major transportation investment. Washington’s statewide housing initiatives and Renton’s Comprehensive Plan encourage additional housing supply, diverse housing choices, compact development and more efficient use of urban land near jobs, services and transit. Preliminary engineering and a conceptual site plan illustrate a seven-unit apartment project consisting of five two-bedroom and two one-bedroom residences. The preliminary zoning analysis indicates potential for approximately 5–11 dwelling units, with a five- to six-unit townhome configuration also identified as a possible alternative. The property currently contains an older residence considered a tear-down. Development concepts are preliminary and have not received final City approval. Buyer to independently verify zoning, density, permitted uses, utilities, access, right-of-way requirements, critical areas, stormwater, frontage improvements and all other development feasibility. Property sold as-is. Preliminary engineering memorandum and conceptual site plan are available for review.
Listed by Lemlem H. Tesfay • Skyline Properties, Inc.
Listing updated: September 22, 2026 at 11:01pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2572052
Around this home
How much should you offer?
701 SW Sunset BLVD, 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
Layout
- Res-Less thn 1 Ac
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.28 acres
- Lot square feet
- 12,000 sq ft
- Lot number
- 1200
Zoning & use
- Zoning code
- RMF-2-zoned
- Zoning description
- Multi-Family
- Zoning jurisdiction
- City
- Possible use
- Multi-Family
- Restrictions
- Unknown
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- Available
- Gas
- Available
- Water
- Available
- Sewer
- Available
Road & access
- Road surface
- See Remarks
- Road responsibility
- See Remarks
- Road information
- See Remarks
Surveys & reports
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $5,669
- Tax year
- 2025
- Senior exemption
- No
- Financing
- Cash
- Seller disclosure
- Exempt
- Preliminary title ordered
- Yes
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 701 SW Sunset BLVD
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.
- Sep 22, 2026ListedNWMLS via MLS Grid · #2572052$500,000
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.
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
$3,367 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: Skyline Properties, Inc.; Lemlem H. Tesfay; 206-375-9349; lemlem@skylineproperties.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 71 days.
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 17, 2026 at 11:17 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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