Bought with COMPASS
$1,140,000
$1,195,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
640 5th AVE S Kent, WA 98032
8 Beds
6 Baths
3,840 SqFt
Key Details
Sold Price $1,140,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $296
Subdivision Kent
MLS Listing ID 2359911
Sold Date 06/02/25
Style 54 - 4-Plex
Bedrooms 8
Year Built 1980
Annual Tax Amount $10,120
Lot Size 0.275 Acres
Property Sub-Type Multi Family
Property Description
Great multi-unit opportunity! Town home-style 4-plex with sizeable 2 bed 1.5 bath units that each come with washer/dryers, dishwashers, garbage disposals, and private patios with parking for up to 8 cars! Conveniently located near Kent Station and easily accessible to highways 167 and 516. Very low vacancy. Current owners have spent around $100K to-date. 3 out of 4 units have undergone major renovations over the past 4 years. Fresh exterior paint. Property has been maintained very clean with home warranty. Tenants pay electricity and gas. Cap rate 7.2%. Pre inspected. Total rent per month $7210.
Location
State WA
County King
Area 330 - Kent
Interior
Interior Features Laminate
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Patio
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Scenic Hill Elem
Middle Schools Mill Creek Mid Sch
High Schools Kent-Meridian High
School District Kent
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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