Property Details

1613 Maple Ln

Kent, WA 98030

$1,199,950

Available

CBA# 713049 courtesy of CBA Listing firm: KW Lake Washington South

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Commercial

Property Type

5,580

Bldg Sq Ft

Units

6.00%

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.