739 3rd Avenue S, Kent, WA 98032

Kent
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: sara bago, candice chevaillier
Office: lee & associates commercial re
MLS#:2491414
Source:NWMLS
739 3rd Avenue S,Kent, WA 98032
$1,995,000
  • - Beds
  • - Baths
  • 7,808 sq. ft.
  • Multi-family
  • Pending Inspection

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$255.51

About this home

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...

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Home facts

  • Year built:1969
  • Subdivision & Development:Kent
  • Listing ID #:2491414
  • Updated:August 13, 2026 at 10:43 AM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:7,808 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Metal
  • Year built:1969
  • Building area:7,808 sq. ft.
  • Lot area:0.35 Acres
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck, Fenced-Partially

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$255.51
  • Tax amount:$18,065 (2026)

Parking

  • Total parking spaces:10
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