Active · Residential

3706 S 255th Place , Kent, WA 98032

Kent, WA 98032

$639,000

3 bedrooms · 3 bathrooms · 1,920 sq ft

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Listing provided by Keller Williams Rlty Bellevue · MLS #2550031 · Active

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About this property

Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

Property details

Property type: Single Family Residence
Year built: 1978
Lot size: 8,550 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $6,109 (2026)
Parking spaces: 2
School district: Federal Way

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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