Listed by Real Broker LLC
$850,000

Estimated payment $5,000/month

Total Views 411
6 Beds
3 Baths
2,900 Sq Ft
$293 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • No HOA
  • City View
  • Fruit Trees
  • 5-minute walk to Mill Creek Earthworks Park

About This Home

Cash-flowing property in downtown Kent with a *7.99% cap rate* and $6,500 in monthly rental income. Perfect for investors or house hackers, this renovated occupied property features a spacious 4-bed, 1.75-bath upstairs unit rented at $4,000/month and a 2-bed, 1-bath downstairs unit at $2,500/month. Both leases are flexible month-to-month to suit your needs. Updated throughout with modern kitchens, new flooring, updated baths, new roof, plumbing & more. Detached garage, carport, +5 additl parking spaces located high on scenic hill with beautiful views of the mountains and walking distance to dt Kent, a city experiencing robust economic growth, close to shopping, dining, and transit. Don’t miss this rare, high-yield investment opportunity!

Listing Agent

Amanda Shepherd

Real Broker LLC License #114551 Listed on: 09/03/2025

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2428833

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1907

Lot Details

  • 8,489 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Sloped Lot
  • Fruit Trees
  • Garden
  • 192205910008

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,900 Sq Ft Home
  • Multi-Level Property
  • Dining Room
  • City Views
  • Storm Windows
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Additional Homes

  • ADU includes 2 Bedrooms and 1 Bathroom

Utilities

  • Forced Air Heating System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kent Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,657

Year Built

Built in 1907

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 15 - Multi Level
  • Year Built: 1907
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Craftsman
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2900
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2428833?w=Consumer&agent=97711
  • Special Features: None

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 2900
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • SquareFootageFinished: 2900
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 2
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • ADUBaths: 1
  • ADUBeds: 2
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Detached Garage, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced, Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City Of Kent
  • WaterCompany: City Of Kent
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kent
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1922059100
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.1949
  • Lot Size Sq Ft: 8489
  • Additional Parcels Description: 192205910008
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gated Entry,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Previous Listing/ Buyer to Verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5657

Multi Family

  • Total Actual Rent: 6500
  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,657 $557,000 $310,000 $247,000
2023 $5,268 $496,000 $310,000 $186,000
2022 $4,548 $544,000 $223,000 $321,000
2021 $4,093 $377,000 $180,000 $197,000
2020 $3,911 $322,000 $154,000 $168,000
2018 $3,565 $297,000 $123,000 $174,000
2017 $3,158 $263,000 $118,000 $145,000
2016 $3,260 $236,000 $130,000 $106,000
2015 $3,037 $227,000 $124,000 $103,000
2014 -- $205,000 $124,000 $81,000
2013 -- $184,000 $124,000 $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $850,000 +102.4% $293 / Sq Ft
05/17/2021 05/17/21 Sold $420,000 +5.0% $233 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $399,999 0.0% $222 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $399,999 -- $222 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 Cw Title
Interfamily Deed Transfer -- None Available
Warranty Deed $240,000 Transnation Ti
Quit Claim Deed $46,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Purchase Money Mortgage
Previous Owner $237,556 Purchase Money Mortgage
Previous Owner $56,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2428833

Northwest Multiple Listing Service (NWMLS)

APN: 192205-9100