Property Details

1613 Maple Lane #D1-D6
Kent, WA 98030
$1,290,000
MLS# 2524879 courtesy of NWMLS Listing firm: KW Lake Washington So

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1613 Maple Lane #D1-D6, Kent, WA 98030, Kent

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1613 Maple Lane #D1-D6, Kent, WA 98030, Kent

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Multi-Family
Property Type
5,580
Bldg Sq Ft
6
Units
6.30%
Cap Rate
1979
Year Built

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
Listed By
Daniel Sebryakov
KW Lake Washington So

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