Active · Residential Income

4804 - 4806 S 252nd Place , Kent, WA 98032

Kent, WA 98032

$585,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Washington Realty Group · MLS #2583032 · Active

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About this property

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!

Property details

Property type: Multi Family
Year built: 1962
Lot size: 7,197 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $4,545 (2026)
Parking spaces: 0
School district: Kent

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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