New Listing
$700,000
 $3,758 est/mo Sourced by Back At You

1609 Maple Lane C5-c8,Kent, WA 98030

Kent, WA 98030

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Description

Exceptional opportunity to acquire a well-maintained 4-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 $2,000+ 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 4-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.

Details

MLS #2581755
Listing TypeFor Sale
HOA Dues$1,693
Sub-TypeResale
StatusActive
Year1979
Days On Site6
Listing Provided ByWindermere Real Estate JS | Kyle Wells

Features

SQ Feet3,720
Story(s)2
Units4
Acreage2.79
Property ViewYes

Taxes

Property9956

Area Information

StateWA
CountyKing
CityKent
Zip Code98030
Area330 Kent
Community NameGreen River
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Green River)
Price:
$700,000
low | high
Med:
$245,000
100% of Average
sqft:
3,720
low | high
Med:
1,620
100% of Average
$ / sqft:
$188
low | high
Med:
$151
69.62962962963% of Average
On site:
6
low | high
Med:
31
19.354838709677% of Average
Sourced by Back At You

Market Activity 98030

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Based on information submitted to the MLS GRID as of September 21, 2026 at 5:40:43 PM PDT. 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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Learn More About This Property

StateWA
CountyKing
CityKent
Zip Code98030
Area330 Kent
Community NameGreen River
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Green River)
Price:
$700,000
low | high
Med:
$245,000
100% of Average
sqft:
3,720
low | high
Med:
1,620
100% of Average
$ / sqft:
$188
low | high
Med:
$151
69.62962962963% of Average
On site:
6
low | high
Med:
31
19.354838709677% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $525K - $875K
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
8417 S 259th Street Property Photo 1
$1,125,000
8417 S 259th Street
Kent, WA 98030
Listing Updated: September 18, 2026 at 2:48:40 PM PDT