Kent WA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 2,900
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1907
- Baths:
- MLS#:
- 2314281
- Subdivision:
- Kent
View additional info
Courtesy: Real Broker LLC
855-450-0442
Amanda Shepherd
ADDITIONAL INFORMATION
Cash-flowing duplex in downtown Kent with a *7.99% cap rate* and $6,500 in monthly rental income. Perfect for investors and house hackers, this fully remodeled property features a spacious 4-bed, 1.75-bath upstairs unit with a month-to-month tenant paying $4,000/month and a vacant 3-bed, 1-bath downstairs unit ready for owner-occupancy or pro forma rents at $2,500/month. Renovated throughout with modern kitchens, new flooring, and more! Detached garage, carport, and 5 additional uncovered parking spaces located high on scenic hill with beautiful views of the mountains and walking distance to dt Kent, a city experiencing robust economic growth, close to shopping, dining, and transit. Don’t miss this rare, high-yield investment opportunity!
$850,000
11025 SE 223rd Place Kent, WA 98031
- Type:
- Multi-Family
- Sq.Ft.:
- 2,080
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1979
- Baths:
- MLS#:
- 2312831
- Subdivision:
- Kent
View additional info
Courtesy: Better Prop International Dist
253-301-3720
Thang Vu
ADDITIONAL INFORMATION
This 4-plex features one-bedroom, one-bath in each unit, situated in a highly convenient location. Most units have been recently updated including kitchen, bathroom, windows, providing a blend of modern amenities and potential for further customization, low vacancy rate and highly rental demand, with a mix of reliable long term tenants in place. Each unit is equipped with washer/dryer, walk-in closet. newer roof. HOA covers garbage, landscaping, general clean up and parking lot repair.
$5,350,000
631 639 3rd Avenue S Kent, WA 98032
- Type:
- Multi-Family
- Sq.Ft.:
- 15,900
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- 2309915
- Subdivision:
- Kent
View additional info
Courtesy: Westlake Associates, Inc.
206-505-9400
Brian Thirtyacre
ADDITIONAL INFORMATION
21-Unit apartment community. The property is situated on a 1.07 acre lot sitting on two parcels, less than a mile away from Kent Station light rail stop. The apartments have front and back entrances that open up to grassy rear yards, along with off-street parking for residents. The unit interiors feature full size washer and dryer hookups, vaulted ceilings, and fireplaces in the end units. All units have been recently remodeled and buildings have new electrical panels.
$1,875,000
406 E George Street Unit 1-8 Kent, WA 98031
- Type:
- Multi-Family
- Sq.Ft.:
- 10,164
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 2300776
- Subdivision:
- Downtown Kent
View additional info
Courtesy: Kidder Mathews
360-705-2800
Daniel Swanson
ADDITIONAL INFORMATION
Situated on a corner lot in Downtown Kent, approximately 20 miles south of Seattle city limits and a 15-minute walk from Kent Station, Skylite Court is an 8-unit apartment property featuring spacious 2-bedroom units. This turnkey property features in-unit washer/dryer hookups, 9 off-street parking spaces, and fully renovated units with updated LVP and carpeted flooring, new kitchen countertops, and updated bath vanities. The property, on the market for the first time in 20 years, will appeal to a multifamily investor interested in simply stepping in and taking over the profitable operations.
$1,850,000
412 -418 W Meeker Street Kent, WA 98032
- Type:
- Multi-Family
- Sq.Ft.:
- 8,376
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- 2289239
- Subdivision:
- Kent
View additional info
Courtesy: Paragon Real Estate Advisors
206-623-8880
Ben Douglas
ADDITIONAL INFORMATION
Centrally located in the heart of Downtown Kent--this presents a compelling opportunity to acquire a highly visible mixed-use property, with 7% of its units having undergone renovation since 2021. The prospective owner not only inherits the stability of existing retail tenants but also possesses the value-add potential to renovate the remaining apartment units and bring all the rents to market. The Melbourne Building boasts a versatile design, featuring three leased retail spaces on the ground floor and five apartment units on the top floor. All three retail units have been leased and undergone comprehensive interior renovations within the past two years.
$3,150,000
720 Washington Avenue N Kent, WA 98032
- Type:
- Multi-Family
- Sq.Ft.:
- 8,775
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- MLS#:
- 2280542
- Subdivision:
- Kent
View additional info
Courtesy: Paragon Real Estate Advisors
206-623-8880
Ryan Iles
ADDITIONAL INFORMATION
The Green Tree Court Apartments is an attractive and updated 17-unit community in a dynamic Kent location with lots of remaining upside and value-add potential. This two-story, garden-style community is comprised of 15 - 1BD/1BA and two - 2BD/1BA units. The property is conveniently located near the Kent Station retail mall and commuter rail. Built in 1968, the property has been well-maintained with many recent improvements including a new mansard roof, new doors and windows, and new exterior paint. In addition, 10 of the 17 units have been renovated, including new kitchen cabinets and quartz countertops, new solid surface flooring, upgraded appliances, and new bathroom vanities and tub surrounds.
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Kent Real Estate
The median home value in Kent, WA is $625,000. This is lower than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Kent, WA is $625,000. Approximately 53.1% of Kent homes are owned, compared to 42.16% rented, while 4.74% are vacant. Kent real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kent real estate agent to arrange a tour today!
Kent, Washington has a population of 134,890. Kent is less family-centric than the surrounding county with 34.48% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Kent, Washington is $79,781. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Kent is 34.8 years.
Kent Weather
The average high temperature in July is 76.5 degrees, with an average low temperature in January of 35.9 degrees. The average rainfall is approximately 42.9 inches per year, with 5.8 inches of snow per year.