4809 S 252nd Place, Kent, WA 98032

$900,000

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Listing courtesy of Kidder Mathews.

List Price
$900,000
Status
ACTIVE
MLS#
2468325
Price Change
▼ $50,000 1781303719
Days on Market
151
Style
54 - 4-Plex
Building Condition
Good
Annual Tax Ammount
7366
Lot Size (sq ft)
7,400
Sewer
Sewer Connected

Property Description

Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

Additional Information

List Date
2026-02-25 16:05:12
Community
Kent
Net Operating Income
$57,375
Gross Adjusted Income
$77,411
Gross Scheduled Income
$81,486
Total Monthly Income
$6,790
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$4,800
Gross Rent Multiplier
11
Total Expenses
$20,036
Cap Rate
6.3
Vacancy Rate
5
Total Number of Units
4
Unit Name
4809
Potential Terms
Conventional
Year Built
1963
Roof
Flat
Other Expenses
5870
Energy Source
Electric
School District
Kent
Total Monthly Income
$6,790
Gross Scheduled Income
$81,486
Vacancy Rate
5
Gross Adjusted Income
$77,411
Tax Year
2025
Insurance Expense
$2,000
W/S/G Expenses
$4,800
Total Expenses
$20,036
Net Operating Income
$57,375
Gross Rent Multiplier
11
Cap Rate
6.3
Based on information submitted to the MLS GRID as of . 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.
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