Property Details
1613 Maple Lane #D1-D6
Kent, WA 98030
$1,290,000
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 28
Property Overview
Investor opportunity in the heart of Kent! Well-maintained 6-unit multifamily property offering strong in-place income with long-term upside potential. Located just minutes from Kent Station, Sounder Train, Hwy 167, I-5, shopping, dining, parks, and major employers, this property is positioned in a highly desirable rental corridor with continued tenant demand. Each spacious unit features 2 bedrooms, 1 bath, approximately 930 SF, in-unit washer & dryer, fireplace, large living areas, and dedicated utility space these are features tenants love and that support long-term occupancy. Property has seen major capital improvements over the years including updated electrical panels, newer roof, siding, gutters, decks, attic insulation, and select interior renovations with updated flooring, paint, and appliances in several units. Plenty of on-site parking plus a quiet setting within the Maple Lane community adds to tenant appeal. Unique setup with individual tax parcels for each unit creates additional flexibility and future exit strategies for investors. Strong rental history with consistent occupancy makes this an ideal addition for both seasoned and first-time multifamily investors seeking stable cash flow in a growing South King County market. Rare opportunity to acquire a turn-key 6-plex with proven performance, excellent location, and future value-add potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Green River
Listed
May 15, 2026
Structure Type
Multi Family
Parcel Number
5097600250
Tax & HOA
Annual Property Tax
$14,994 (2025)
Est. Monthly Tax
$1,249/mo
HOA Fee
$2,557/monthly
Financial Summary
Cap Rate
6.30%
Net Operating Income
$82,420
Gross Scheduled Income
$129,228
Gross Rent Multiplier
9.98
Total Expenses
$46,808
Building & Use
Building Sq Ft
5,580
Leasable Area
5,580 sqft
Total Units
6
Zoning
Multi-Family,See Remarks
Possible Use
Multi-Family, See Remarks
Lot Size
2.79 acres
Year Built
1979
Exterior & Lot
Lot Size
2.79 sqft
Year Built
1979
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Corner Lot, Dead End Street, Paved, Sidewalk
Exterior Features
Wood Products
Community & Access
Directions
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. Use second entrance to building in back.
Location
City
Kent
County
King
Coordinates
47.36534, -122.22873
Additional Information
Tax Year
2025
Annual Taxes
$14,994
Possession
Array
