USAWAKentGreen RiverC1-C8-1609 Maple Ln
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$1,599,990

For Sale

14 days ago

C1-C8 - 1609 Maple Ln, Kent, WA

House

MLS® 2559752

0 Bed

0 Bath

--

14 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $19,912
Days Active 14
Lot Size 2.789 Acres
Approx. Age 1979
MLS® Number 2559752

Property Address: c1-c8-1609 Maple Ln, Kent, WA, 98030-7448

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2559752
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1979
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 30, 2026List Date
$1,599,990List Price
  • Commute

Commute

Starting Address
Destination Address
1609 Maple Ln, Kent, WA

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