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$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.

$680,000
2550198 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

3706 S 255th Place, Kent

Listing courtesy of Keller Williams Rlty Bellevue.

$930,000
2543065 MLS ⋅ ACTIVE Status
Turnkey opportunity in a prime Kent location! This newly renovated property offers exceptional flexibility for both homeowners and investors. Featuring two spacious 3-bedroom, 2-bath units, with Unit A offering 1,160 sq ft and Unit B offering 1,340 sq ft. Each unit includes its own private 220 sq ft garage and ample additional parking. Live in one unit and rent the other, create a multigenerational living setup, or explore income-producing opportunities. Each unit rented for $2,300/month prior to renovation, offering strong investment potential. Conveniently located across from the YMCA with easy access to shopping, dining, schools, parks, and commuter routes. No HOA and endless possibilities await!

11005 SE 248th Street, Kent

Listing courtesy of Pure Real Estate.

$2,125,000
2530607 MLS ⋅ ACTIVE Status
108 Kensington S offers investors stable day-one cash flow, supported by in-unit washer and dryer in every unit, a highly desirable amenity that drives tenant retention and consistent rental demand. The property features a highly functional unit mix of one-bedroom and two-bedroom apartments. New ownership can benefit from proven operations while continuing to capture upside through rent optimization and streamlined management. The property benefits from immediate access to State Routes 167 and 516, providing seamless connectivity to Interstate 5, Seattle-Tacoma International Airport, and the greater Puget Sound region. Residents enjoy close proximity to Kent Station, the Sounder Train Station, and the ShoWare Center, offering convenient access to retail, dining, entertainment, and commuter transit, along with nearby parks and recreational amenities that enhance overall livability. As a major employment hub in the Pacific Northwest, the Kent Valley is home to over 12,000 businesses and a strong concentration of industrial and aerospace jobs. Major employers including Boeing, Amazon, Blue Origin, and REI continue to drive population growth and rental demand. With direct rail service to both Seattle and Tacoma, 108 Kensington S is well-positioned to attract residents seeking affordability, accessibility, and proximity to major employment centers.

108 Kensington Avenue SW, Kent

Listing courtesy of Paragon Real Estate Advisors.

$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.

$1,995,000
2491414 MLS ⋅ ACTIVE Status
Watson Manor Apartments is a 10-unit apartment building located in the heart of Kent. Situated just south of Kent Station and minutes from SR-516, the property offers tenants suburban livability with seamless access to major employment centers throughout the region. Watson Manor is a rare opportunity to acquire a 100% vacant asset, providing investors with complete operational flexibility from day one. Unlike typical acquisitions encumbered by legacy leases, below-market rents, or deferred repositioning timelines, this property allows a new owner to immediately execute their business plan and fully capture current market dynamics. The asset represents a true “choose your own adventure” opportunity — whether the strategy is a light cosmetic refresh and lease-up, a comprehensive interior renovation to achieve premium rents, or a thoughtful reconfiguration to maximize unit efficiency. With no tenant rollover risk or displacement considerations. Beyond the immediate ability to re-tenant at today’s market rates, the property offers compelling upside through strategic improvements and potential reconfiguration. Explore converting the existing laundry area into an additional unit, or redesigning select layouts to create larger sized units, increasing rentable square footage and overall revenue potential. NOTE - All income and expense items are based on proforma - property will be delivered vacant at close.

739 3rd Avenue S, Kent

Listing courtesy of Lee & Associates Commercial RE.

$630,000
2484519 MLS ⋅ SOLD Status
Nestled in the heart of Kent, Washington, this exceptional duplex is a rare gem for both investors and homeowners. Its prime location, spacious layout, and thoughtful details make it a standout in today’s competitive market.Each unit is bathed in natural light, creating a warm and inviting ambiance. The open-concept living and dining areas are ideal for entertaining or unwinding, while fully equipped kitchens with ample cabinetry and counter space make meal prep a breeze. Both units feature generously sized bedrooms and the everyday convenience of in-unit laundry.One of this property’s standout features is the rare inclusion of a two-car garage for each unit—offering unparalleled storage and parking options. Outside, a large shared yard provides endless possibilities, whether you’re envisioning a garden, outdoor gatherings, or simply enjoying the serene Pacific Northwest atmosphere.Located on a quiet street, this duplex feels like a private haven, yet it’s just minutes from Kent’s bustling downtown scene, with its charming shops, dining, and entertainment options. Commuters will appreciate the quick access to major highways and public transit.Don’t miss this opportunity to own a versatile property in one of Kent’s most sought-after locations!

24842 96th Avenue S, Kent

Listing courtesy of COMPASS. Selling Office: TEC Real Estate Inc..

$775,000
2473223 MLS ⋅ SOLD Status
Freshly Updated Duplex in the heart of downtown Kent! Great cash flow both units occupied ($6,500 monthly rental income). Main unit 4 bed/2 bath, and lower unit 2 bed/1 bath, both fully renovated, updated kitchen's & bath, appliances, flooring, roof, plumbing, with own separate washer & dryer area, ample parking (garage & covered carport area + additional parking options). Private entry's, fully fenced yard, close to the Sounder Train and Kent Station, shopping & dining. Quick easy access to 167! (Current leases month to month, live in one & rent out the other, or continue current leases. 7.99% cap rate.)

112 Kennebeck Avenue S, Kent

Listing courtesy of Best Choice Realty LLC. Selling Office: eXp Realty.

$900,000
2468343 MLS ⋅ ACTIVE Status
Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4811 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$900,000
2468325 MLS ⋅ ACTIVE Status
Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4809 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$899,000
2448891 MLS ⋅ ACTIVE Status
FOUR UNIT 3 unit : 2Bed 1Bath 1 Unit 1bath TOTAL Fin sqft 3416. Newer roof (-5year)Coin operated Laundry, close to freeways shopping, Please do not disturb Tenants. Buyer & Agent to Verify all information.4PLEX Managed by a professional. NO VACANCY

2716 S 258th Place, Kent

Listing courtesy of Next Horizon Realty.

$890,000
2437003 MLS ⋅ SOLD Status
Investor opportunity in Kent’s East Hill! This well-maintained multifamily property, built in 2004, offers tenants in place and consistent positive cash flow. Sitting on 2 acres of low-maintenance land, it has never experienced vacancy, making it a rare find for investors seeking stability and long-term returns. Prime location near shopping, schools, parks, and freeway access ensures strong rental demand and continued growth potential. With reliable tenants and a proven track record, this is an excellent chance to secure a cash-flowing asset in a thriving Kent community.

11720 SE 208th Street, Kent

Listing courtesy of Real Broker LLC. Selling Office: Real Broker LLC.

$750,000
2437310 MLS ⋅ SOLD Status
Why just buy a home when you can own an income-generating property? This 4-unit multifamily offers the perfect opportunity to live affordably while tenants help pay your mortgage. The building includes two 2-bedroom/1-bath units and two 1-BD/1-BA units. Recent improvements new roof (2015), updated windows, siding, gutters, and freshly updated interiors in two units. Enjoy the privacy of a home at the end of a quiet dead-end street, with upper units featuring private decks and lower units offering patios. Each unit has assigned parking, and the location near shopping, schools, and major freeways adds everyday convenience. With one 2BD and one 1BD unit vacant you can move right in and start generating income on day one.

2716 S 256th Place, Kent

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Skyline Properties, Inc..

$885,000
2431992 MLS ⋅ SOLD Status
Live or Invest in Downtown Kent — Updated 4-plex. Discover a rare opportunity to own a historic Victorian 4-plex in downtown Kent, just blocks from Kent Station’s restaurants, shops, transit, and commuter access. With highly flexible Downtown Commercial Enterprise (DCE) zoning, the property offers outstanding potential for expansion or redevelopment. Recent updates include a new sewer line, fresh exterior paint, and a new roof with gutters. Each unit offers 1 bed/1 bath with gas heat and stove, plus separately metered utilities for tenant-paid efficiency. 3 units are recently remodeled, and one unit is ready for new possibilities—perfect for an owner-occupant or an investor seeking immediate value-add potential.

323 1st Avenue S, Kent

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Berkshire Hathaway HS NW.

$1,140,000
2359911 MLS ⋅ SOLD Status
Great multi-unit opportunity! Town home-style 4-plex with sizeable 2 bed 1.5 bath units that each come with washer/dryers, dishwashers, garbage disposals, and private patios with parking for up to 8 cars! Conveniently located near Kent Station and easily accessible to highways 167 and 516. Very low vacancy. Current owners have spent around $100K to-date. 3 out of 4 units have undergone major renovations over the past 4 years. Fresh exterior paint. Property has been maintained very clean with home warranty. Tenants pay electricity and gas. Cap rate 7.2%. Pre inspected. Total rent per month $7210.

640 5th Avenue S, Kent

Listing courtesy of Kelly Right RE of Seattle LLC. Selling Office: COMPASS.

$715,000
2356540 MLS ⋅ SOLD Status
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!

11514 SE 256th Place, Kent

Listing courtesy of John L. Scott, Inc. Selling Office: Orchard Brokerage, LLC.

$4,550,000
2354781 MLS ⋅ SOLD Status
The property features 22 nearly identical 2 bed/1.5 bath townhouse style units with full appliance packages that include a full size washer and dryer, dishwasher, and refrigerator. There are 5 buildings on one parcel and all 5 of the roofs were replaced in February of 2025. There are 44 parking spots in total with 37 carport spaces. The property presents immediate operational upside due to expense load of nearly 50% of EGI. Four of the units have been renovated with LVP floor, quartz countertops, kitchen cabinets, and bathroom vanities leaving a renovation value-add opportunity with the remaining 18 units.

20603 -20611 108th Avenue SE, Kent

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.

$4,726,667
2309915 MLS ⋅ SOLD Status
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.

631 639 3rd Avenue S, Kent

Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.

$36,550,000
2273688 MLS ⋅ SOLD Status

6329 S 212th Street Unit #T, Kent

Listing courtesy of . Selling Office: Realogics Sotheby's Int'l Rlty.

$699,900
2264449 MLS ⋅ SOLD Status
Historic fourplex with original Victorian details in the heart of downtown only a few blocks from all of Kent Station's shops, restaurants, transit options & commuter routes. Downtown Commercial Enterprise (DCE) zoning provides some of the least restrictive development possibilities for building additional structures or repurposing the site (buyer to verify). New sewer line, exterior paint, roof & gutters in 2023. All units are 1 bed, 1 bath with gas heat & stove. Water, sewer, electricity & gas are individually metered & paid by the tenants. Garbage/yard waste paid by owner & is approx $130/mo. 3 units occupied & 1 just became vacant on June 1st creating the perfect opportunity for an owner occupied purchase or future increase in rent.

323 1st Avenue S, Kent

Listing courtesy of John L. Scott, Inc. Selling Office: KW Mountains to Sound Realty.

$1,700,000
2247526 MLS ⋅ SOLD Status
Seller Financing available! Seller carry 25% down, 5% interest for 2 years. 10839 SE 200th St in Kent, WA showcases a collection of six two-bedroom units averaging 869 SF each. Recent enhancements include upgraded countertops, cabinetry, flooring, and lighting in select units. Every residence is furnished with essential appliances such as washer, dryer, microwave, and garbage disposal. Opportunities for further unit improvements exist, alongside potential supplementary revenue streams from utility bill backs and paid parking. Positioned as a stable investment prospect, this property offers investors the prospect of enhanced rental income through modest renovations and market rate leasing.

10839 SE 200th Street, Kent

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Keller Williams Realty PS.

$1,240,000
2202284 MLS ⋅ SOLD Status
Steady income producing 4-plex in quiet residential neighborhood. 2 bed/1.5 bath units. Washer/Dryer and fireplace in each unit along with patios and decks. 8 parking spaces (4 covered). Close to shopping and entertainment at Kent Station. Bus lines and other commuting options close at hand. YMCA and Morrill Meadows Park 2 blocks away. Recent updates to roof and gutters. Windows and Fence replaced. Automatic security lighting added. Value Add opportunity with current rents below market value

11009 SE 248th Street, Kent

Listing courtesy of The Irwin Group. Selling Office: Coldwell Banker Bain.

$1,240,000
2202276 MLS ⋅ SOLD Status
Steady income producing 4-plex in quiet residential neighborhood. 2 bed/1.5 bath units. Washer/Dryer and fireplace in each unit along with patios and decks. 8 parking spaces (4 covered). Close to shopping and entertainment at Kent Station. Bus lines and other commuting options close at hand. YMCA and Morrill Meadows Park 2 blocks away. Recent updates to roof and gutters. Windows and Fence replaced. Automatic security lighting added. Similar building next door at 11009 also available at $1,400,000. Each building can be financed separately on a residential loan. Purchase one or both! Value Add opportunity with current rents below market value.

11007 SE 248th Street, Kent

Listing courtesy of The Irwin Group. Selling Office: Coldwell Banker Bain.

$1,600,000
2217557 MLS ⋅ SOLD Status
Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is “L-Shaped” with a courtyard which provides a sense of community for the tenants.

9045 Canyon Drive, Kent

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Skyline Properties, Inc..

$950,000
2212630 MLS ⋅ SOLD Status
GREAT CONFORMING 4PLEX; VALUE ADD OPPORTUNITY! Great long term for growth by Light Rail! 1 unit vacant @ close for owner/occupant. Conventional Mtg. or Owner/Occ with Low Down FHA/VA Finance & tenants pay most of your mortgage! 4 identical units - 2 Beds, 1 Bath, Washer/Dryer, 732 sq ft, Kitchen has room for Dining Table, Big Living Room. Professionally Managed. New Sump Pump & French Drain, new Water Heaters last 18 months. New Roof 2015. Units 1 & 4 have new paint, carpet, lighting. 2 paved parking spots per unit. Below Market Rents. Make an extra $1,200/month in cash flow! Amazing location. Walk to Kent Station, Light Rail in 5 minutes. Great for commutes - Quick access to freeway, restaurants, shopping, movies, etc. GREAT INVESTMENT!

813 Woodford Avenue N, Kent

Listing courtesy of Real Estate Gladiators. Selling Office: COMPASS.

$860,000
2202141 MLS ⋅ SOLD Status
Fourplex: Two duplexes on one lot located in the heart of downtown Kent & backing up to a greenbelt. Walking distance to endless amenities and easy access to freeway. Units 1, 2, and 3 have been fully renovated. Other improvements include hardscape wall in backyard, newer exterior paint & windows. Operating at a 7.4% Cap Rate currently… a fourplex on the market that actually cash flows! Contains (1) 2bed/1bath unit and (3) 1bed/1bath units. On-site coin-op laundry for additional income. 3 units are under 12 month leases, the other is month-to-month. Solid investment or owner-occupant.

758 N Woodford Avenue, Kent

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Anchor Agency.

$800,000
2196158 MLS ⋅ SOLD Status
Solid, well-maintained fourplex. Units have been updated, newer roof (~10 years), newer windows. Onsite coin op laundry and storage. Upper units have decks, and lower units have patios with fully fenced yards. Six parking spaces. Solid investment @ 6% Cap Rate, or ideal for owner occupant looking for extra income. Plenty of upside potential in rents. Two units in leases, two are month to month. High-demand rental conveniently located near shopping, restaurants, and public transit.

2706 S 258th Street, Kent

Listing courtesy of Keller Williams Seattle Metro. Selling Office: eLink Realty.

$820,000
2180810 MLS ⋅ SOLD Status
Solid, well-maintained fourplex. Three units have been freshly remodeled, newer roof (~5 years), brand new exterior paint, newer windows. Onsite coin op laundry and storage. Upper units have decks, and lower units have patios with fully fenced yards. Six parking spaces. Solid investment, or ideal for owner occupant looking for extra income. Plenty of upside potential in rents. One unit left intentionally vacant for showings/ owner occupant. 6.9% Cap Rate, 7.4% Market. High-demand rental conveniently located near shopping, restaurants, and public transit.

2701 S 257 Place, Kent

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Keller Williams Greater Seattl.

$880,000
2070233 MLS ⋅ SOLD Status
Attention investors. Fully occupied, downtown Kent 4-Plex just off Central Ave. 5-minute walk to the Sounder Light Rail, the restaurants & shops at Kent Station & entertainment at Showare Center. This 14,400 square foot lot has a mixed-use zoning, Downtown Commercial Enterprise, which allows for a variety of uses. Half of the lot is also empty, which allows for future development. A great investment now w/ huge upside potential in the land. 3 units are 2 bedrooms, & 1 unit is a one bedroom. Each has a garage & an additional storage locker. Coin operated laundry on site. Low maintenance landscaping. Easy access to Highway-167. Rents below market rates. Tenants are month to month for your flexibility. No signage. Please do not disturb Tenants

317 E Titus Street, Kent

Listing courtesy of Coldwell Banker Danforth. Selling Office: The Remlinger Group.

$1,150,000
2039429 MLS ⋅ SOLD Status
Huge cash flowing property!! ZERO owner utility expense, tenants pay all utilities. Maintained meticulously; hard to find Townhome style units w/ convenient half bath on main floor. Spacious units feel & rent like 3 bdrms due to an original partition wall in all units (closet & egress included). Always rent fast & stay rented! Each unit with its own patio & fully fenced private yard. Prime location in Kent! One of the largest industrial corridors in the nation is just two minutes away. A job hub that provides over 100,000 jobs to local residents! Rental income exceeds $110k at market rents. Room for future improvement with a permit for a 3rd bdrm. Turn key, cash flowing asset. (May be purchased with adjacent building MLS: 2039401)

723 1st Avenue S, Kent

Listing courtesy of Global Real Estate Group. Selling Office: Professional Realty Services.

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.
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