851 1st Avenue N, Kent, WA 98031

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
#1#2#3
Listed by:tc lo
Office:wpi real estate services, inc.
MLS#:2325106
Source:NWMLS
851 1st Avenue N,Kent, WA 98031
$514,900
  • - Beds
  • - Baths
  • 1,150 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$514,900
  • Price per sq. ft.:$447.74

About this home

Rare Over 6% cap rate return! Duplex Prime Investment Opportunity. Fantastic opportunity to own a duplex in the heart of Downtown Kent, perfect for an owner-occupied investment or as a cash-flowing property for investors for instant income. This duplex rents easily & is now fully leased w/ rents $1450-1550/mo. per unit. Each unit offers 575 sqft of living space, featuring 1 bedroom, 1 full bathroom, a kitchen with eating space, a cozy living room, stackable washer and dryer, and a full bath. Walking distance to Kent Station, Sounder Transit, ShoWare Center, and a Park & Ride just 2 blocks away. Alley access with carport parking and a large storage area, plus parking right in front of the home. This property offers versatility and value!

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Home facts

  • Year built:1955
  • Listing Id #:2325106
  • Updated:August 08, 2025 at 12:17 AM

Rooms and interior

  • Living area:1,150 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Building area:1,150 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$514,900
  • Price per sq. ft.:$447.74
  • Tax amount:$3,896 (2024)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 14, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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