Kent, WA
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    Kent, WA Apartment Buildings for Sale

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    Renton, WA Tukwila, WA Seattle, WA
    Mixed-Use Asset in Active Submarket
    $3,500,000
    26,536 SF

    Mixed-Use Asset in Active Submarket

    235 1st Ave S, Kent, WA 98032

    Two-story mixed-use property with income upside in South King County.

    • Attractive 7.87% CAP Rate.
    • Immediate income upside through lease‑up of vacant commercial suite (3,224 SF) and residential unit.
    • Mixed‑use asset with nine ground‑floor commercial suites and eighteen residential units.
    • High‑demand rental corridor location, steps from Sounder Train, Metro routes, parks, and new mixed‑use developments.
    • Stable income and long‑term value in an active submarket of South King County.
    Updated: Nov 21, 2025
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Kent, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vashon Vue Apartments Opportunity
    $1,725,000
    7,300 SF

    Vashon Vue Apartments Opportunity

    11-unit apartment building with in-place 6.5% cap rate.

    Seattle, WA 98198
    View details
    Commercial
    $2,950,000

    Commercial

    Apartment buildings

    14081 58th Ave S, Tukwila, WA 98168
    View details
    Tukwila Multifamily Investment Opportunity
    $16,500,000
    101,116 SF

    Tukwila Multifamily Investment Opportunity

    114-unit apartment complex with value-add potential in Tukwila, WA.

    0 5711 S 152nd St, Tukwila, WA 98188
    View details
    Burien Development Site For Sale
    $2,999,550

    Burien Development Site For Sale

    2.67-acre site zoned MU-2, ideal for various developments.

    Seattle, WA 98166
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres

    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333
    View details
    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres

    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048
    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details

    Off-Market Properties in Kent, WA

    Consider similar Off-Market properties in Kent, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    720 Washington Ave

    720 Washington Ave

    Multifamily properties • 7,380 SF
    Value Estimation by Request
    720 Washington Ave, Kent, WA 98032
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    731 5Th Ave

    731 5Th Ave

    Multifamily properties • 1.43 Acres
    Value Estimation by Request
    731 5Th Ave, Kent, WA 98032
    View details
    406 George St

    406 George St

    Multifamily properties • 8,656 SF
    Value Estimation by Request
    406 George St, Kent, WA 98031
    View details
    855 4Th Ave

    855 4Th Ave

    Multifamily properties • 1.20 Acres
    Value Estimation by Request
    855 4Th Ave, Kent, WA 98032
    View details
    702 5Th Ave

    702 5Th Ave

    Multifamily properties • 0.90 Acres
    Value Estimation by Request
    702 5Th Ave, Kent, WA 98032
    View details

    Kent, WA Apartment Buildings Investment Opportunities Market Analysis

    Explore 6 apartment buildings for sale in Kent, WA on our real estate platform. These investment opportunities span a total of 26,536 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for two-family homes in Kent, WA start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Kent fall within the 100,000+ square foot range.

    Demographics Overview

    Population 168K
    Population Growth (5Y) +5.0%
    Median Household Income $100,336
    College Educated 22.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Kent submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    98032 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $9.89 per sq ft
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

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