MLS: #NWM2559752, Listed By: Kyle Wells, Windermere Real Estate JS, Source:NWMLS - Northwest Multiple Listing Service
1609 Maple Lane #C1-C8
Kent, WA 98030
0
Bed
0
Bath
7,440Sqft
2.79Acres(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Laminate Construction Materials: Wood -
Heating & Cooling
Heating: Wall Furnace Has Heating: Yes Cooling: Window Unit(s) Has Cooling: Yes WaterSource: Public
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Building Information
Year Built: 1979 -
Exterior Features
Wood Products Construction Materials: Wood Foundation Details: Poured Concrete
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Lot Information
Lot Description: Paved Lot Square Feet: 121491 Lot Acres: 2.789Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$1599990
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Tax Information
Annual Tax: $19912 Tax Year: 2026 Parcel Number: 5097600170
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Parking Information
Total Parking: 14Homeowners Association Information
HOA: $3,386.33 Monthly
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School Information
Elementary School: Buyer To Verify Junior High School: Buyer To Verify Senior High School: Buyer To Verify -
Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Green River City: Kent Direction: Use GPS. From I-5, Take exit 149 onto WA-516 towards Kent, Left onto S Kent Des Moines, Right onto Central Ave, Left onto Alder Ln, Right onto Maple Lane Court. Find Building C in NW corner.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1613 Maple Lane #D1-D6, Kent, WA, 98030 | $1,199,950 | -- | -- | 5,580 | 5,580 SqFt |
Similar Multifamily To 1609 Maple Lane #C1-C8
Nearby For Sale
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Based on information submitted to the MLS GRID as of 08/07/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the 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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ByOwner last updated this listing 08/07/2026 @ 06:20
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