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$685,000
2583949 MLS ⋅ ACTIVE Status
Solid, well-located duplex at 602 & 606 Alexander Ave, Kent — a great opportunity for an investor or owner-occupant looking to offset their mortgage with rental income. Situated on a spacious 10,125 sq ft lot, each side of the duplex offers 2 bedrooms, 1 bathroom, its own separate laundry room, and a generously sized backyard. Both units are currently home to long-term, active tenants, providing immediate cash flow from day one. With two full addresses on one lot, this property offers flexibility for house-hacking, multigenerational living, or continued use as a rental. Convenient Kent location close to shopping, schools, and commuter routes. Showings require advance notice out of respect for current residents — please do not disturb tenants. *Some photos are virtually staged and decluttered to give you an idea of the home being empty.

602 & 606 Alexander Avenue, Kent

Listing Broker: Dalton Wade, Inc.; Aviva Love; 206-295-8067; avivalove.re@gmail.com

$585,000
2583032 MLS ⋅ ACTIVE Status
Excellent investment opportunity in Kent's desirable Lake Fenwick area! This 1962-built duplex sits on a .165-acre lot and currently generates $3,300/month in combined rental income from long-term leases. Unit 4804 offers 1 bedroom/1 bath, leased at $1,600/month through 10/31/2027. Unit 4806 offers 2 bedrooms/1 bath, leased at $1,700/month through 11/30/2027 — giving a new owner immediate, stable cash flow with both leases secured well into 2027. Featuring wood exterior siding, a composition roof, and a poured concrete foundation, the property has been thoughtfully updated with newer cabinetry, stainless steel appliances, tile backsplash, in-unit washer/dryer, and updated bathroom finishes with a tiled walk-in shower. Enjoy hardwood-look flooring throughout, baseboard heating, and a peaceful territorial view from the patio. Public water and sewer connection add convenience, and paved street access makes for easy showings. Currently tenant-occupied — please allow appointment notice and renter-call-first protocol for all showings. Located minutes from I-5, SR-509, and WA-516, with quick access to Kent's shopping, dining, and commuter routes. Don't miss this cash-flowing opportunity in a strong rental market!

4804 - 4806 S 252nd Place, Kent

Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com

$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

$639,000
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 Broker: Keller Williams Rlty Bellevue; Maggie Sun; 425-615-8293; maggie@maggiesunre.com

$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 Broker: Paragon Real Estate Advisors; Tanner Fogle; 206-623-8880; Tanner@paragonrea.com

$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 Broker: COMPASS; Andrew C Jackson; ; Selling Office: TEC Real Estate Inc..

$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 Broker: Berkshire Hathaway HS NW; Brenda Courtade; ; 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 Broker: Berkshire Hathaway HS NW; Martin J. Ho; ; Selling Office: Berkshire Hathaway HS NW.

$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 Broker: John L. Scott, Inc; Amanda Mannila; ; Selling Office: Orchard Brokerage, LLC.

$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 Broker: John L. Scott, Inc; Nick Gerisilo; ; 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 Broker: Northmarq Commercial, LLC; Brendan Greenheck; ; Selling Office: Keller Williams Realty PS.

$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 Broker: Paragon Real Estate Advisors; Ben Douglas; ; 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 Broker: Real Estate Gladiators; Greg Gallagher; ; Selling Office: COMPASS.

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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