851 1st Avenue N, Kent, WA 98031 (MLS # 2325106)

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Listing provided courtesy of Northwest MLS; WPI Real Estate Services, Inc.

PRICE $514,900
BEDS 0
BATHS 0
HOME SIZE 1,150 sqft
LOT SIZE 4,962 sqft

Rare Over 6% cap rate return! Duplex Prime Investment Opportunity. Fantastic opportunity to own a duplex in the heart of Downtown Kent, perfect for an owner-occupied investment or as a cash-flowing property for investors for instant income. This duplex rents easily & is now fully leased w/ rents $1450-1550/mo. per unit. Each unit offers 575 sqft of living space, featuring 1 bedroom, 1 full bathroom, a kitchen with eating space, a cozy living room, stackable washer and dryer, and a full bath. Walking distance to Kent Station, Sounder Transit, ShoWare Center, and a Park & Ride just 2 blocks away. Alley access with carport parking and a large storage area, plus parking right in front of the home. This property offers versatility and value!

LAST UPDATED 5/8/2025 TRACT Kent
YEAR BUILT 1955 COMMUNITY Kent
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Mar 20, '25 $580,000
Mar 20, '25 - May 8, '25 $549,000
May 8, '25 - Today $514,900


ADDITIONAL DETAILS
AIR None
AREA 330 - Kent
CONSTRUCTION Metal Siding, Vinyl Siding
HEAT Electric, Forced Air
LOT 4961 sq ft
LOT DESCRIPTION Alley, Paved, Sidewalk
MLS STATUS Active
STORIES 1
STYLE 52 - Duplex
SUBDIVISION Kent
TAXES 3896
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
ZONING Multi-Family

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/8/25 7:48 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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