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1613 Maple Ln 6 Unit Apartment Building $1,290,000 ($215,000/Unit) Kent, WA 98030



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.
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 | Building Class | C |
| Price Per Unit | $215,000 | Lot Size | 2.79 AC |
| Sale Type | Investment | Building Size | 5,580 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 2.51/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MR-M | ||
| 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 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 509760-0010 | Improvements Assessment | $155,800 |
| Land Assessment | $33,200 | Total Assessment | $189,000 |
Property Taxes
Parcel Number
509760-0010
Land Assessment
$33,200
Improvements Assessment
$155,800
Total Assessment
$189,000
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1613 Maple Ln
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