7921 Renton Avenue S, Seattle, WA 98118, Seattle, 98118 - 4 bed, 2 bath
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7921 Renton Avenue S
Seattle, WA 98118
ACTIVE
CONDITION: TEAR DOWN
4Beds
2Baths
2,120Sq Ft
18,670Lot Size
Property Price
LIST PRICE$1,630,000
SUMMARY
This property consists of 3 individual legal tax parcels totaling approximately 18,670 SF, zoned Neighborhood Residential (NR). The 3 parcels must be purchased together with the adjacent 4-parcel property at 7929 Renton Ave S, creating a combined 7-parcel assemblage totaling approximately 40,825 SF. The level site offers substantial potential for a variety of residential development concepts, subject to applicable regulations and SDCI approval. Conveniently located near the MLK Jr. Way frequent transit corridor and Othello Light Rail Station, providing excellent regional transit access. The existing 4-bedroom home offers rental income during the planning and permitting process. Buyer to verify development potential and applicable requirements with SDCI.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The structure was built in 1954 (70 years old) with no evidence of major renovations. The listing is explicitly marketed as a development site for a 7-parcel assemblage, indicating the primary value is in the land. While currently rentable, the age and development focus suggest the building is a candidate for demolition to make way for new residential concepts.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18670, living area = 2120.
- Development Potential
The property consists of three legal tax parcels and is part of a larger 40,825 SF assemblage, offering a rare, level site for significant residential development in Seattle.
- Transit-Oriented Location
Conveniently located near the MLK Jr. Way frequent transit corridor and the Othello Light Rail Station, providing high-demand regional access for future residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18670, other record lot size in square feet = 18737.
- Purchase Complexity
The mandatory requirement to purchase this property alongside the adjacent 4-parcel assemblage increases the total capital outlay and complicates the acquisition process.
- Extended Market Time
With 264 days on market, the property may face perception issues or require a more competitive price adjustment to attract serious developers in the current interest rate environment.
About 7921 Renton Avenue S
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 18,670 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Wing Luke Elementary School
Grades K-5 • 0.3 mi
8/10
Dunlap Elementary School
Grades PK-5 • 0.4 mi
5/10
Van Asselt Elementary School
Grades K-5 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,120 | 1,801.924 |
| Lot Size | 18,670 | 4,494.536 |
| Price | $1.63M | $974.4K |
| Price per sq ft | $769 | $569 |
| Built year | 1954 | 1948 |
| HOA | $0 | $78 |
| Days on market | 269 | 35 |
Pricing History
Listed for Sale
Jan 28, 2026
$1,630,000
Initial Listing