Property Details

4809 S 252nd Place
Kent, WA 98032
$900,000
MLS# 2468325 courtesy of NWMLS Listing firm: Kidder Mathews

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4809 S 252nd Place , Kent, WA 98032, Kent

1 / 5
Multi-Family
Property Type
4
Units
6.30%
Cap Rate
1963
Year Built

Property Overview

Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Kent
Listed Jan 14, 2026
Original Price $1,000,000
Structure Type Quadruplex
Parcel Number 6777900070

Tax & HOA

Annual Property Tax $7,366 (2025)
Est. Monthly Tax $614/mo

Financial Summary

Cap Rate 6.30%
Net Operating Income $57,375
Gross Scheduled Income $81,486
Gross Rent Multiplier 11.00
Total Expenses $20,036
Vacancy Rate 5.0%

Building & Use

Leasable Area 2,760 sqft
Total Units 4
Year Built 1963

Exterior & Lot

Lot Size 0.17 sqft
Year Built 1963
Exterior Materials Wood
Sewer Sewer Connected
Lot Features Cul-De-Sac
Exterior Features Wood Products

Community & Access

Directions Take I-5 S to WA-516 E in Kent. Exit from State Rte 509 // Continue on WA-516 E. Drive to S 252nd Pl

Location

City Kent
County King
Coordinates 47.37528, -122.27384

Additional Information

Tax Year 2025
Annual Taxes $7,366
Possession Array
Listed By
David A. Kelley
Kidder Mathews

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