Green River Homes with 55 - 5-9 Units Style

Welcome to Green River, a hidden gem nestled in the heart of Kent, Washington. This charming neighborhood is known for its picturesque landscapes, vibrant community spirit, and a perfect blend of suburban tranquility and urban convenience. With the stunning backdrop of the Green River and lush greenery, residents enjoy a serene environment that feels like a retreat from the hustle and bustle of city life.

Green River is a family-friendly area, boasting a variety of parks, playgrounds, and outdoor recreational opportunities. The neighborhood is crisscrossed by scenic trails that invite residents to explore the natural beauty surrounding them, making it an ideal spot for hiking, biking, and leisurely strolls. The local schools are highly regarded, fostering a strong sense of community and providing quality education for families.

When it comes to housing, Green River offers a selection of homes with a unique 55-59 unit style, perfect for those seeking a blend of comfort and community. These properties are designed to cater to diverse lifestyles, whether you’re a first-time homebuyer, a growing family, or looking to downsize. Each home reflects modern aesthetics while maintaining a warm, inviting atmosphere.

The neighborhood is conveniently located near major highways and public transportation, making commuting to Seattle or other nearby cities a breeze. With shopping centers, dining options, and entertainment venues just a stone’s throw away, residents can enjoy the best of both worlds—peaceful living with easy access to urban amenities.

Experience the charm of Green River, where community, nature, and comfort converge to create the perfect place to call home.

Newest Green River 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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