Green River Homes with 55 - 5-9 Units Style

Welcome to Green River, a hidden gem nestled in the heart of Kent, Washington. This charming neighborhood is known for its picturesque landscapes, friendly community, and convenient access to urban amenities. With its lush greenery and scenic views of the nearby river, Green River offers a tranquil retreat from the hustle and bustle of city life, making it an ideal place for families, professionals, and retirees alike.

The real estate in Green River is as diverse as its residents, featuring a delightful mix of homes, with a particular emphasis on the 55 to 59-unit style. These homes are designed for comfort and functionality, often featuring spacious layouts, modern amenities, and beautiful outdoor spaces perfect for entertaining or simply enjoying a peaceful evening under the stars. The neighborhood's architecture reflects a harmonious blend of contemporary design and classic charm, ensuring that every home feels warm and inviting.

Living in Green River means being surrounded by a vibrant community that values connection and engagement. Residents enjoy access to a variety of local parks, walking trails, and recreational facilities, promoting an active lifestyle amidst nature. The neighborhood also boasts excellent schools, making it a desirable choice for families seeking quality education for their children.

With its prime location in King County, Green River provides easy access to major highways, shopping centers, and dining options, ensuring that everything you need is just a short drive away. Whether you’re looking to settle down in a cozy home or invest in a thriving community, Green River is a wonderful place to call home. Discover the charm of Green River today and see what makes this neighborhood truly special!

Newest Green River Homes with 55 - 5-9 Units Style

$1,599,990

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.

$1,199,950

2524879 MLS ⋅ ACTIVE Status

Investor opportunity in the heart of Kent! Well-maintained 6-unit multifamily property offering strong in-place income, rental upside, and extensive capital improvements already completed. Over $2 million invested throughout the community with major expense items already addressed. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting of beams and foundations, roadway resurfacing, and concrete replacement. Roofs, fireplaces, gutters, and ventilation systems are regularly maintained. Each spacious 2-bedroom, 1-bath unit offers approximately 930 SF, a fireplace, in-unit washer and dryer, utility room, and ample parking. Units feature updated flooring, paint, appliances, and interior improvements, including approximately $30,000 invested in Unit D3. This building also features one of the largest backyard areas in the community. HOA dues cover management, water, sewer, garbage, exterior maintenance, common area upkeep, and ongoing property care, simplifying ownership. Current rents provide immediate cash flow with additional upside as units turn, with projected market rents of $2,100-$2,200 per month. Each unit has its own parcel number, providing flexibility for future individual sales or alternative exit strategies. Near Kent Station, Sounder Rail, shopping, dining, major employers, Hwy 167, and I-5. Rare turnkey multifamily investment with income potential

1613 Maple Lane Unit #D1-D6, Kent

Listing courtesy of KW Lake Washington So.

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