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$685,000
2583949 MLS ⋅ ACTIVE Status
Solid, well-located duplex at 602 & 606 Alexander Ave, Kent — a great opportunity for an investor or owner-occupant looking to offset their mortgage with rental income. Situated on a spacious 10,125 sq ft lot, each side of the duplex offers 2 bedrooms, 1 bathroom, its own separate laundry room, and a generously sized backyard. Both units are currently home to long-term, active tenants, providing immediate cash flow from day one. With two full addresses on one lot, this property offers flexibility for house-hacking, multigenerational living, or continued use as a rental. Convenient Kent location close to shopping, schools, and commuter routes. Showings require advance notice out of respect for current residents — please do not disturb tenants. *Some photos are virtually staged and decluttered to give you an idea of the home being empty.

602 & 606 Alexander Avenue, Kent

Listing Broker: Dalton Wade, Inc.; Aviva Love; 206-295-8067; avivalove.re@gmail.com

$585,000
2583032 MLS ⋅ ACTIVE Status
Excellent investment opportunity in Kent's desirable Lake Fenwick area! This 1962-built duplex sits on a .165-acre lot and currently generates $3,300/month in combined rental income from long-term leases. Unit 4804 offers 1 bedroom/1 bath, leased at $1,600/month through 10/31/2027. Unit 4806 offers 2 bedrooms/1 bath, leased at $1,700/month through 11/30/2027 — giving a new owner immediate, stable cash flow with both leases secured well into 2027. Featuring wood exterior siding, a composition roof, and a poured concrete foundation, the property has been thoughtfully updated with newer cabinetry, stainless steel appliances, tile backsplash, in-unit washer/dryer, and updated bathroom finishes with a tiled walk-in shower. Enjoy hardwood-look flooring throughout, baseboard heating, and a peaceful territorial view from the patio. Public water and sewer connection add convenience, and paved street access makes for easy showings. Currently tenant-occupied — please allow appointment notice and renter-call-first protocol for all showings. Located minutes from I-5, SR-509, and WA-516, with quick access to Kent's shopping, dining, and commuter routes. Don't miss this cash-flowing opportunity in a strong rental market!

4804 - 4806 S 252nd Place, Kent

Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com

$639,000
2550198 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

3706 S 255th Place, Kent

Listing Broker: Keller Williams Rlty Bellevue; Maggie Sun; 425-615-8293; maggie@maggiesunre.com

Based on information submitted to the MLS GRID as of . 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.
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