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430 Maple Ave SW - Renton TOD Townhome Site 1.33 Acres of Residential Land Offered at $2,261,809 CAD in Renton, WA 98057



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.
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 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.33 AC |
| Property Type | Land | ||
| Zoning | RMF-2 - Residential High Density (RMF-2) | ||
| Price | $2,261,809 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.33 AC |
| Zoning | RMF-2 - Residential High Density (RMF-2) |
1 Lot Available
Lot
| Price | $2,261,809 CAD | Lot Size | 1.33 AC |
| Price Per AC | $1,700,608.35 CAD |
| 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
| Parcel Number | 182305-9165 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,272,405 CAD | Total Assessment | $1,272,405 CAD |
Property Taxes
Parcel Number
182305-9165
Land Assessment
$1,272,405 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,272,405 CAD
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430 Maple Ave SW - Renton TOD Townhome Site
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