4804 - 4806 S 252nd PL, Kent, WA 98032
4804 - 4806 S 252nd PL, Kent, WA 98032
4804 - 4806 S 252nd PL, Kent, WA 98032
4804 - 4806 S 252nd PL, Kent, WA 98032
4804 - 4806 S 252nd PL, Kent, WA 98032
4804 - 4806 S 252nd PL, Kent, WA 98032
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:Washington Realty Group • Jim Clifford
$ 585,000
Est. payment | /mo

3 Beds

2 Baths

1,300 SqFt

Save
$ 585,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $450

Subdivision Lake Fenwick

MLS Listing ID 2583032

Style 52 - Duplex

Bedrooms 3

Year Built 1962

Annual Tax Amount $4,545

Lot Size 7,197 Sqft

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in Kent's desirable Lake Fenwick area! This 1962-built duplex sits on a .165-acre lot and currently generates $3,300/month in combined rental income from long-term leases. Unit 4804 offers 1 bedroom/1 bath, leased at $1,600/month through 10/31/2027. Unit 4806 offers 2 bedrooms/1 bath, leased at $1,700/month through 11/30/2027 — giving a new owner immediate, stable cash flow with both leases secured well into 2027. Featuring wood exterior siding, a composition roof, and a poured concrete foundation, the property has been thoughtfully updated with newer cabinetry, stainless steel appliances, tile backsplash, in-unit washer/dryer, and updated bathroom finishes with a tiled walk-in shower. Enjoy hardwood-look flooring throughout, baseboard heating, and a peaceful territorial view from the patio. Public water and sewer connection add convenience, and paved street access makes for easy showings. Currently tenant-occupied — please allow appointment notice and renter-call-first protocol for all showings. Located minutes from I-5, SR-509, and WA-516, with quick access to Kent's shopping, dining, and commuter routes. Don't miss this cash-flowing opportunity in a strong rental market!

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Kent

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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4804 - 4806 S 252nd PL