Listed by Best Choice Realty LLC
$2,499,950

Estimated payment $15,782/month

Total Views 189
18 Beds
18 Baths
9,509 Sq Ft
$263 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Baseboard Heating
  • Deck
  • No HOA
  • 4-minute walk to Titus Railroad Park

About This Home

Location,Location!! Discover this desirable 9-unit multifamily investment, just blocks from Downtown Kent, Kent Station, the Sounder Train, and an abundance of restaurants and retail. Each spacious unit offers 1,056 SF with 2 bedrooms, 1.5 baths, in-unit washer/dryer, and a fireplace for comfortable living. Five of the units have been tastefully remodeled, achieving strong rental income.Pride of ownership shows throughout: the owner has recently installed new perimeter fencing and a secured gate system, creating private backyard spaces for ground-floor tenants to enjoy safely and securely. There's also untapped income potential with a finished attic space that could be rented as tenant storage, offering an additional revenue stream.

Listing Agent

Mimi Kwon

Best Choice Realty LLC License #27931 Listed on: 08/08/2025

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2418725

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,125

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 9,509 Sq Ft Home
  • 3-Story Property
  • City Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Parking

  • 14 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Scenic Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9179600450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,125

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1981
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 9509
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Total Bedrooms: 18
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Shake
  • View: City
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Wood
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 13
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 13

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 10320

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: 9179600450
  • Lot Size Acres: 0.3437
  • Lot Size Sq Ft: 14972
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 14925

Multi Family

  • Gross Scheduled Income: 189420
  • Net Operating Income: 146675
  • Number Of Units Total: 10
  • Electric Expense: 300
  • Insurance Expense: 7000
  • Leasable Area: 9509
  • EnergySource: Electric
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 25125

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

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $2,499,950 +67.9% $263 / Sq Ft
03/07/2019 03/07/19 Sold $1,489,100 -5.8% $157 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $1,580,000 +58.0% $166 / Sq Ft
04/24/2014 04/24/14 Sold $1,000,000 -7.0% $105 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $1,075,000 -- $113 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2418725

Northwest Multiple Listing Service (NWMLS)