1609 Maple Lane #C1-C8, Kent, WA 98030
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: kyle wells
Office: windermere real estate js
MLS#:2559752
Source:NWMLS
1609 Maple Lane #C1-C8,Kent, WA 98030
$1,500,000
- - Beds
- - Baths
- 7,440 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,500,000
- Price per sq. ft.:$201.61
- Monthly HOA dues:$3,386
About this home
Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping....
Contact an agent
Home facts
- Year built:1979
- Subdivision & Development:Green River
- Listing ID #:2559752
- Updated:September 14, 2026 at 11:14 AM
Rooms and interior
- Flooring:Laminate
- Living area:7,440 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:7,440 sq. ft.
- Lot area:2.79 Acres
- Lot Features:Paved
- Construction Materials:Wood Products Exterior Finish
- Exterior Features:Deck, Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$201.61
- Tax amount:$19,912 (2026)
Parking
- Total parking spaces:14
New listings near 1609 Maple Lane #C1-C8
- Coming Soon
$415,000First Look2 beds 3 baths1,148 sq. ft.6231 S 233rd Street #25-2, Kent, WA 98032
MLS# 2580466Listed by: HEATON DAINARD, LLC - Coming Soon
$455,000First Look2 beds 3 baths1,440 sq. ft.23414 130th Avenue Se, Kent, WA 98031
MLS# 2580410Listed by: REDFIN - Coming Soon
$199,999First Look3 beds 2 baths1,440 sq. ft.15232 SE 272 Street #6, Kent, WA 98042
MLS# 2578792Listed by: KW MOUNTAINS TO SOUND REALTY - Coming Soon
$529,000First Look3 beds 2 baths1,630 sq. ft.25708 SE 135th Pl Se Place Se, Kent, WA 98042
MLS# 2578369Listed by: KELLER WILLIAMS EASTSIDE - New
$75,000Active2 beds 1 baths760 sq. ft.25739 135th Avenue Se #27, Kent, WA 98042
MLS# 2581332Listed by: WASHINGTON FIRST PROPERTIES - New
$449,944Active3 beds 2 baths1,100 sq. ft.23213 116th Avenue Se, Kent, WA 98031
MLS# 2581915Listed by: KW LAKE WASHINGTON SO - New
$779,000Active5 beds 3 baths2,685 sq. ft.21820 45th Place S #73, Kent, WA 98032
MLS# 2581920Listed by: HEATON DAINARD, LLC - New
$479,995Active3 beds 1 baths920 sq. ft.24924 35th Avenue S, Kent, WA 98032
MLS# 2580893Listed by: SENSIBLE HOME MANAGEMENT LLC - New
$749,900Active4 beds 3 baths2,130 sq. ft.10021 SE 245th Place, Kent, WA 98030
MLS# 2581830Listed by: JOHN L. SCOTT, INC - New
$499,000Active3 beds 3 baths1,247 sq. ft.5508 S 236th Place #8-4, Kent, WA 98032
MLS# 2568737Listed by: BETTER PROPERTIES SOUNDVIEW