Property Details
4809 S 252nd Place
Kent, WA 98032
$900,000
Active
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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
