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Investment Highlights

  • Six-unit multifamily asset with recent renovations supporting reduced maintenance costs.
  • Walking distance to shopping, dining, and community amenities in Kent’s East Hill neighborhood.
  • Historically high occupancy rates with tenant flexibility for both short- and long-term leases.
  • Strong connectivity to I-5, Highway 167, Kent Station, and Sounder commuter rail.
  • Each unit includes in-unit washer and dryer, private patio space, and individual parking.

Executive Summary

Investor opportunity located in the heart of Kent, featuring a well-maintained six-unit multifamily property. Positioned in the East Hill neighborhood, the asset provides both consistent income and long-term upside within a supply-constrained and growing rental corridor. Each unit offers two bedrooms and one bath, averaging 980 SF, and includes in-unit laundry. Parking is on-site and includes private patios for added tenant appeal.
The building has undergone numerous capital improvements in recent years, encompassing upgraded electrical systems, new siding, gutters, attic insulation, and selective interior renovations such as fresh flooring, paint, and updated fixtures. These enhancements reduce near-term maintenance risk and contribute to strong curb appeal.
This property sits near major transit with quick access to Kent Station, Sounder Train, Hwy 167, and I-5, creating demand for both seasoned investors and those entering the multifamily segment. Proximity to shopping districts, dining, parks, and employment hubs make this a favorable option for sustained tenant occupancy. Experienced management and a proven rental history enhance its appeal as a stabilized investment.

Property Facts

Price $1,290,000
Price Per Unit $215,000
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.79 AC
Building Size 5,580 SF
No. Stories 2
Year Built 1979
Parking Ratio 2.51/1,000 SF
Zoning MR-M

Amenities

Unit Amenities

  • Fireplace
  • Washer/Dryer
  • Deck
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - 930
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
509760-0010
Land Assessment
$33,200
Improvements Assessment
$155,800
Total Assessment
$189,000
  • Listing ID: 40596668

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 1613 Maple Ln, Kent, WA 98030

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