1503 Davis Avenue S, Renton, WA 98055

Property Description

Exceptional investment and development opportunity on top of Talbot Hill in Renton. Existing 1930s duplex which sits on a large 14,700 SF corner lot, zoned R-6, with excellent street frontage for future development. Keep the duplex as a rental while building, renovate and partition a second lot, or explore redevelopment potential including multiple homes & DADUs, or middle housing (buyer to verify). Potential territorial views with new two-story construction. Roof replaced in 2021. Both units are tenant occupied on month-to-month leases, offering flexibility for investors and builders. Rent is currently below market. Unit A has 2 bedrooms & 1 bathroom, while Unit B has 1 bedroom & 1 bathroom. Detached garage, basement storage, and city sewer. Seller is open to extended closing and builder-friendly terms.

Listing Status:

Active

Data Last Updated:

September 23, 2026 at 12:19PM

Listing Office:

Pellego, Inc. : 425-441-3180

Listing Agent:

Marcela Hoag : 360-888-7793

MLS ID:

2584400

Interior

• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Wood Products
• Parking: Parking spaces: 5

Construction

• Roofing: Composition
• General: 52 - DuplexPillar/Post/Pier

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Renton
• County: King

Lot

• Zoning: 3340401240

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls