Kent Homes with 55 - 5-9 Units Style

Welcome to Kent, Washington – a vibrant city nestled in the heart of King County, where urban convenience meets the charm of suburban living. With its rich history, diverse community, and stunning natural landscapes, Kent is an ideal place to call home.

Kent is strategically located between Seattle and Tacoma, making it a prime spot for commuters. The city boasts a plethora of amenities, including excellent schools, lush parks, and a thriving shopping scene. The historic downtown area features delightful boutiques, restaurants, and cafes, perfect for a leisurely afternoon stroll or a night out with friends.

For those seeking a unique living experience, Kent offers an array of homes with 55 to 59 units, catering to various lifestyles. These properties often feature a blend of modern design and classic architecture, providing residents with spacious layouts and contemporary finishes. Many of these homes are located within vibrant communities, fostering a sense of belonging and camaraderie among neighbors.

Residents of Kent enjoy easy access to outdoor activities, with numerous parks and trails nearby, including the picturesque Lake Meridian and the scenic Green River Trail. Whether you’re an outdoor enthusiast or prefer the buzz of city life, Kent strikes the perfect balance.

If you’re considering making Kent your home, you’ll discover a welcoming community, a rich tapestry of culture, and a variety of housing options to suit your needs. Explore the charm of Kent today and find your perfect place in this thriving city!

Newest Kent Homes with 55 - 5-9 Units Style

$1,500,000

2559752 MLS ⋅ ACTIVE Status

Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

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