Refine Search
Map
Sort by
$700,000
2581755 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 4-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 $2,000+ 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 4-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 #C5-C8, Kent

Listing Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

$1,500,000
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 Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

$199,900
2 Beds ⋅ 1 Baths ⋅ 2558043 MLS ⋅ ACTIVE Status
Welcome to this beautifully updated top-floor, 2-bedroom condo in a convenient Kent location! This move-in-ready home features newer cabinetry, updated flooring, modern appliances, and a striking stone-surround fireplace that brings warmth and character to the living space. Enjoy spacious bedrooms, double closets in the primary bedroom, and a private balcony perfect for relaxing. Parking is a rare bonus, with an assigned space, ample guest parking, and RV parking available. Ideally located near the Green River Trail, shopping, dining, parks, freeways, and major commuter routes. A wonderful opportunity for first-time buyers, downsizers, or anyone seeking comfortable, low-maintenance living!

1852 Central Place S Unit #E46, Kent

Listing Broker: John L. Scott, Inc; Alice Nguyen; 425-919-6666; alicenguyen.realestate@gmail.com

$199,990
1 Beds ⋅ 1 Baths ⋅ 2545192 MLS ⋅ ACTIVE Status
Welcome to this ground-floor, one-bedroom condo offering comfortable, low-maintenance living in a convenient Kent location. The open living and dining area features durable plank flooring, a cozy wood-burning fireplace, and direct access to a private patio overlooking the community’s landscaped courtyard. The functional kitchen includes generous counter space, a dishwasher, and ample cabinetry. The spacious bedroom offers a large walk-in closet, while the full bathroom and in-unit laundry add everyday convenience. Additional highlights include neutral interior finishes, assigned parking, and access to the community clubhouse. Conveniently located near shopping, dining, public transportation, and major commuter routes. A great opportunity for an owner-occupant or investor looking for an affordable, move-in-ready home.

1868 Central Place S Unit #59, Kent

Listing Broker: KW Lake Washington So; Bernell LeRoy Zorn Jr.; 206-550-9337; bernell.zorn@lhpnw.com

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.