Listed by Maggie Sun, Keller Williams Rlty Bellevue
- 1,920
- Square feet
- $333
- Per sq ft
- Multi Family
- Type
- 1978
- Year built
- 550 sq ft
- Lot
- 89
- Days on market
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!
Location & commute
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Jeff's Neighborhood Guide
Get to know the Des Moines/Redondo area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2550198
- Listed
- July 7, 2026
- Days on market
- 89
- Price per sq ft
- $333
- Original list price
- $680,000
Unit & building
- Building
- Parkside 02
- Stories in building
- 3
- Units in building
- 3
Parking
- Covered spaces
- 2
- Total spaces
- 5
Construction
- Year built
- 1978
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Tile
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- Ceramic TileLaminateVinylCarpet
Lot
- Lot features
- PavedSidewalk
- Lot size
- 550 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Kent
- Sewer
- City of Kent
- Power
- PSE
Schools
- District
- Federal Way
- Elementary
- Sunnycrest Elem
- Middle
- Evergreen Middle
- High
- Thomas Jefferson Hig
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Duplex
- Tile
- Forced Air
- None
- Electric
- Natural Gas
- Ceramic Tile
- Laminate
- Vinyl
- Carpet
- Paved
- Sidewalk
Listing history
Listed
$680,000
July 7, 2026
Current price
$639,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,721
- Principal & interest
- $3,231
- Property tax (est.)
- $490
Assumes $127,800 down (20%), a $511,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.