1609 Maple Lane #C5-C8, Kent, WA 98030

Kent
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: kyle wells
Office: windermere real estate js
MLS#:2581755
Source:NWMLS
1609 Maple Lane #C5-C8,Kent, WA 98030
$700,000
  • - Beds
  • - Baths
  • 3,720 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$700,000
  • Price per sq. ft.:$188.17
  • Monthly HOA dues:$1,693

About this home

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...

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Home facts

  • Year built:1979
  • Subdivision & Development:Green River
  • Listing ID #:2581755
  • Updated:September 19, 2026 at 11:43 AM

Rooms and interior

  • Flooring:Laminate, Vinyl Plank
  • Living area:3,720 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:3,720 sq. ft.
  • Lot area:2.79 Acres
  • Lot Features:Paved, Sidewalk
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features: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:$700,000
  • Price per sq. ft.:$188.17
  • Tax amount:$9,956 (2026)

Features and amenities

  • Amenities:High Speed Internet

Parking

  • Total parking spaces:12
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