Kent Homes with 55 - 5-9 Units Style

Kent Homes with 55 - 5-9 Units Style

Welcome to Kent, Washington – a vibrant city nestled in the heart of King County, just south of Seattle. Known for its lush green parks, scenic views, and a strong sense of community, Kent offers a perfect blend of urban convenience and suburban charm. With a rich history dating back to the late 19th century, this city has evolved into a thriving hub for families, professionals, and outdoor enthusiasts alike.

Kent boasts a diverse range of housing options, and among the most appealing are the homes with 55 to 59 units. These properties provide an excellent opportunity for those looking to invest in multi-family living spaces. With their thoughtfully designed layouts and modern amenities, these units cater to a variety of lifestyles, making them perfect for both renters and homeowners.

Living in Kent means enjoying a wealth of recreational activities, from exploring the picturesque Lake Meridian to hiking the trails of the nearby Green River Natural Resources Area. The city also features an array of shopping, dining, and entertainment options, ensuring that residents have everything they need right at their fingertips.

Moreover, Kent's strategic location grants easy access to major highways and public transportation, making commuting to Seattle and other neighboring cities a breeze. Whether you’re drawn to Kent for its rich community spirit, excellent schools, or the appealing lifestyle it offers, you’ll find that homes in this area are not just a place to live, but a gateway to a fulfilling life. Explore the possibilities in Kent today and discover why this city is a hidden gem in the Pacific Northwest!

Newest Kent Homes with 55 - 5-9 Units Style

$1,599,990
2559752 MLS ACTIVE Status
Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

$1,199,950
2524879 MLS ACTIVE Status
Investor opportunity in the heart of Kent! Well-maintained 6-unit multifamily property offering strong in-place income, rental upside, and extensive capital improvements already completed. Over $2 million invested throughout the community with major expense items already addressed. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting of beams and foundations, roadway resurfacing, and concrete replacement. Roofs, fireplaces, gutters, and ventilation systems are regularly maintained. Each spacious 2-bedroom, 1-bath unit offers approximately 930 SF, a fireplace, in-unit washer and dryer, utility room, and ample parking. Units feature updated flooring, paint, appliances, and interior improvements, including approximately $30,000 invested in Unit D3. This building also features one of the largest backyard areas in the community. HOA dues cover management, water, sewer, garbage, exterior maintenance, common area upkeep, and ongoing property care, simplifying ownership. Current rents provide immediate cash flow with additional upside as units turn, with projected market rents of $2,100-$2,200 per month. Each unit has its own parcel number, providing flexibility for future individual sales or alternative exit strategies. Near Kent Station, Sounder Rail, shopping, dining, major employers, Hwy 167, and I-5. Rare turnkey multifamily investment with income potential

1613 Maple Lane Unit #D1-D6, Kent

Listing courtesy of KW Lake Washington So.

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