Rare 6.5%+ Cap Rate Duplex in Prime Downtown Kent Location! Incredible investment opportunity! This fully leased duplex offers strong cash flow with current rents of $1,450–$1,550 per unit and an estimated 6%+ cap rate. Each unit features 575 sq ft of living space with 1 bedroom, 1 full bathroom, a kitchen with eating space, cozy living room, and stackable washer/dryer. Tenants enjoy private entrances, carport parking with alley access, large on-site storage, and additional front parking. Conveniently located within walking distance major Park & Ride. Excellent long-term rental history and unbeatable location make this a perfect choice for owner-occupants or investors seeking immediate income and long-term value.
Listing Provided Courtesy of Tina Lee, WPI Real Estate Services, Inc.
General Information
NWM2415510
Multi Family
160
DOM
4961.48 SqFt
1150
1955
Multi-F
King
Residential Incom
Multi Family
Listing Provided Courtesy of Tina Lee, WPI Real Estate Services, Inc.
Krishna Realty data last checked: Aug 04, 2025 09:10 | Listing last modified Aug 02, 2025 04:30,
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Residence Information
1150
Composition
52 - Duplex
1955
Block, Pillar/Post/P
Features and Utilities
Metal/Vinyl
Public
Sewer Connected
0
Financial
4184
Conventional, FHA, State Bond, VA Loan
08-01-2025
Comparable Information
160
160
Conventional, FHA, State Bond, VA Loan
$479,000
$479,000
Aug 02, 2025 04:30
Schools
Map
Listing courtesy of WPI Real Estate Services, Inc..
Rare 6.5%+ Cap Rate Duplex in Prime Downtown Kent Location! Incredible investment opportunity! This fully leased duplex offers strong cash flow with current rents of $1,450–$1,550 per unit and an estimated 6%+ cap rate. Each unit features 575 sq ft of living space with 1 bedroom, 1 full bathroom, a kitchen with eating space, cozy living room, and stackable washer/dryer. Tenants enjoy private entrances, carport parking with alley access, large on-site storage, and additional front parking. Conveniently located within walking distance major Park & Ride. Excellent long-term rental history and unbeatable location make this a perfect choice for owner-occupants or investors seeking immediate income and long-term value.
