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Ardivusx Brivity

Sooper Dooper Guy | Robert Davis's Site

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1609 Maple Lane C1-c8 , Kent, WA 98030
$1,500,000
Est. Payment: $8,341.33/mo
16 Bed
8 Bath
7456 Sqft
2.79 Acres
Status: Active | Days on site: 47
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Ardivusx Brivity
Sooper Dooper Guy

House Description

Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

Highlights

Listed by Kyle Wells , 360-631-2996 Windermere Real Estate JS , 360-653-2509. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
2.79

HOA Fee

3386.33 Monthly

Year Built

1979

County

King

Area

330 - Kent

Neighborhood

Green River

School District

Kent

Listing ID

2559752

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:16
  • ▪ Bathrooms:8
Air Cond:Window Unit(s)
Fireplaces:
Floor:Laminate
Water:HOA

Exterior Features

Lot:Paved,Deck,Patio,Zoning: Multi-Family,Residential
Garage Capacity:14
Zoning:Multi-Family,Residential
Roof:Composition
Others:
  • ▪ Additional:Wood Products, Good
Sewer:HOA
Parking Features:Covered
Principal Interest
$8,341
Taxes
$1,659
HOA
$3,386

Home Price

$1,500,000

Loan Details

30 yrs
7.44%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,341.33

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $8,341.33 $1,659.33 $3,386.33 $13,386.99
Yearly $100,095.93 $19,912.00 $40,635.96 $160,643.89
Total $3,002,877.80 $597,360.00 $1,219,078.80 $4,819,316.60
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Market insight data is pulled from the same city as the listing being viewed (Kent, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-10-07T19:40:13.000Z

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