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Investment Highlights

  • PREMIER RMF-2 UPZONE
  • OPTIMIZED SITE EFFICIENCY
  • PROXIMITY TO INNOVATION HUBS
  • 1/2-MILE TRANSIT WALKSHED ADVANTAGE
  • FLEXIBLE PRODUCT TYPOLOGY
  • FEE-SIMPLE SALES POTENTIAL

Executive Summary

The Renton TOD Townhome Site features a 1.33-acre development site in a prime Renton growth corridor, recently upzoned to RMF-2. This designation, combined with the property’s location within a 1/2-mile Middle Housing Walkshed, represents the highest tier of residential development potential in the city. The new zoning effectively doubles
the standard density to a base of 40 units per net acre, while state mandated middle housing updates allow for streamlined unit counts and a complete waiver of off-street parking requirements. These combined factors drastically increase the buildable footprint and flexibility for the site.
The 58,065 SF parcel is uniquely positioned to capitalize on the Pacific Northwest’s evolving housing laws. By leveraging the zero-parking requirement, a developer can utilize the site’s unique geometry to maximize residential square footage that was previously reserved for vehicle circulation. With the ability to employ Unit Lot Subdivisions (P13) for fee-simple townhouse sales and the potential for significant density bonuses, this site offers a rare “plug-and-play” opportunity to deliver high-density housing in a submarket with a strong pricing ceiling and direct access to major regional employment hubs.

Property Facts

Price $2,261,809 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 1.33 AC
Zoning RMF-2 - Residential High Density (RMF-2)

1 Lot Available

Lot

Price $2,261,809 CAD
Price Per AC $1,700,608.35 CAD
Lot Size 1.33 AC

1.33-acre site featuring zero parking requirements and base zoning for 40 units per acre (up to 80 units per acre with bonuses).

Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
182305-9165
Land Assessment
$1,272,405 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,272,405 CAD
  • Listing ID: 40607485

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 430 Maple Ave SW, Renton, WA 98057

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