11514 SE 256th Place, Kent, WA 98030
- $715,000
- 2,180
- SqFt
Listing courtesy of John L. Scott, Inc. Selling Office: Orchard Brokerage, LLC.
- Sold Price
- $715,000
- List Price
- $650,000
- Status
- SOLD
- MLS#
- 2356540
- Closing Date
- May 16, 2025
- Days on Market
- 5
- Style
- 52 - Duplex
- Finished SqFt
- 2,180
- Area Total SqFt
- 2180
- Annual Tax Ammount
- 5899
- Lot Size (sq ft)
- 10,642
- Sewer
- Sewer Connected
- Offer Review Date
- 2025-04-15
Property Description
Duplex on Kent's East Hill! Townhome-style layout with 2 beds & 1.5 baths per side—mirror-image units, each with a 1-car garage. Main floor features a living room with wood-burning fireplace, an efficient kitchen with breakfast bar, and a dining area with slider to a private deck, plus a handy powder room. Upstairs offers 2 good sized bedrooms, full bath, and bonus storage room. The primary bedroom includes a private sink and extra linen closet. Property has forced-air gas heating and washer/dryer hookups in garage. Desirable location, always rented. Close to shopping, dining, schools and recreation, yet tucked away on a peaceful dead-end street. Great property for an experienced investor, or an owner-occupied investor just getting started!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-05-11 00:00:00
- Community
- East Hill
- Net Operating Income
- $20,487
- Gross Adjusted Income
- $31,200
- Gross Scheduled Income
- $31,200
- Total Monthly Income
- $2,600
- Insurance Expenses
- $1,312
- Water/Sewer/Garbage Expenses
- $2,452
- Gross Rent Multiplier
- 20
- Total Expenses
- $10,713
- Cap Rate
- 3.15
- Total Number of Units
- 2
- Unit Name
- 11514
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1984
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Patio
- Other Expenses
- 1050
- Energy Source
- Electric, Natural Gas
- School District
- Kent
- Total Monthly Income
- $2,600
- Gross Scheduled Income
- $31,200
- Gross Adjusted Income
- $31,200
- Tax Year
- 2024
- Insurance Expense
- $1,312
- W/S/G Expenses
- $2,452
- Total Expenses
- $10,713
- Net Operating Income
- $20,487
- Gross Rent Multiplier
- 20
- Cap Rate
- 3.15
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.