723 1st Avenue S, Kent, WA 98032

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
#1#2#3
Listed by:sue dhillon
Office:redfin
MLS#:2417797
Source:NWMLS
723 1st Avenue S,Kent, WA 98032
$1,279,000
  • - Beds
  • - Baths
  • 3,992 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,279,000
  • Price per sq. ft.:$320.39

About this home

Huge cash-flowing 4-plex in a prime Kent Station location! ZERO owner utility expense—tenants pay all. Meticulously maintained townhome-style units w/spacious floor plans, 1/2 bath on main, private patios, & fully fenced yards. Feels & rents like 3BRs thanks to original partition walls w/closet & egress in each. All units updated w/new carpet, appliances, & other improvements, boosting appeal & rental potential. Always rent fast & stays occupied, ensuring steady income. Moments to Sounder train, shopping, & entertainment, plus minutes to one of the nation’s largest industrial corridors. Strong rental history w/upside potential through market-rate adjustments. A rare turnkey investment in a high-demand, rapidly growing area!

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Home facts

  • Year built:1979
  • Listing Id #:2417797
  • Updated:August 13, 2025 at 12:22 AM

Rooms and interior

  • Living area:3,992 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:3,992 sq. ft.
  • Lot area:0.21 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Carriage Crest Elem

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,279,000
  • Price per sq. ft.:$320.39
  • Tax amount:$12,614 (2025)
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