1609 Maple Lane #C1-C8, Kent, WA 98030

Kent
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: kyle wells
Office: windermere real estate js360-653-2509
MLS#:2559752
Source:NWMLS
1609 Maple Lane #C1-C8,Kent, WA 98030
$1,500,000
  • - Beds
  • - Baths
  • 7,440 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$201.61
  • Monthly HOA dues:$3,386

About this home

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...

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Home facts

  • Year built:1979
  • Subdivision & Development:Green River
  • Listing ID #:2559752
  • Updated:November 09, 2026 at 01:23 AM

Rooms and interior

  • Flooring:Laminate
  • Living area:7,440 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:7,440 sq. ft.
  • Lot area:2.79 Acres
  • Lot Features:Paved
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Deck, Patio

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$201.61
  • Tax amount:$19,912 (2026)

Parking

  • Total parking spaces:14
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