First Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent, WA. Built in 1966, the property offers large, two-bedroom, one-and-a-half bath units averaging 1,000 SF with walk-up entries, generous living areas, private patios, and skylit bathrooms. Each unit includes washer/dryer hookups and functional two-level layouts with ample storage. Recent capital improvements include a new roof (2019), upgraded windows (2018), and copper supply lines. Off-street parking for 18 vehicles offers additional income potential. With clean interiors, durable systems, and the opportunity for light cosmetic upgrades, the property provides stable in-place cash flow with meaningful value-add upside.
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
General Information
NWM2400883
Multi Family
3
DOM
0.35 acres
11000
1966
King
Residential Incom
Multi Family
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
Krishna Realty data last checked: Jul 21, 2025 20:06 | Listing last modified Jul 03, 2025 18:46,
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Residence Information
11000
See Remarks
56 - 10+ Units
1966
See Remarks, Slab
See Remarks, Thermal
Features and Utilities
Ceramic Tile, Laminate
See Remarks
Sewer Connected
0
Financial
27464
Assumable, Cash Out
06-30-2025
Comparable Information
3
3
Assumable, Cash Out
$2,695,000
$2,695,000
Jul 03, 2025 18:46
Schools
Map
Listing courtesy of Lee & Associates Commercial RE.
First Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent, WA. Built in 1966, the property offers large, two-bedroom, one-and-a-half bath units averaging 1,000 SF with walk-up entries, generous living areas, private patios, and skylit bathrooms. Each unit includes washer/dryer hookups and functional two-level layouts with ample storage. Recent capital improvements include a new roof (2019), upgraded windows (2018), and copper supply lines. Off-street parking for 18 vehicles offers additional income potential. With clean interiors, durable systems, and the opportunity for light cosmetic upgrades, the property provides stable in-place cash flow with meaningful value-add upside.
