Four-Unit Residential Income
For Sale
$875,000
2716 S 258th Place, Kent, WA 98032
Four-unit multifamily with a newer roof and coin-operated laundry, professionally managed and currently without vacancy.
Property Size3,416 SF
Price / SF$256.15
Days on Market362
Property Features for 2716 S 258th Place
General Information
Standard status
Active
Size
3,416 SF
Property subtype
Multi-Family
Occupancy
100%
Net Operating Income
$60,138
Additional Details
Highway Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$7,829
Amenities
coin operated laundry
views
Ceramic Tile,Engineered Hardwood,Laminate
Yes
No
2
7
Electric
Dead End Street
Public
Cable TV,Deck,Fenced-Fully,Patio
0.1657
Wood Products
Poured Concrete
3416
6
Building Details
Building Size
3,416 SF
Year Built
1977
Stories
2
Tenancy
Multi
Listing Agency:
Soldera Properties, Inc
(360) 693-6139
Listed By:
Do Nguyen
(360) 931-1333
Source:
Premierepropertygroup
Added: Oct 27, 2025
Changed: Oct 21
Last Checked: Oct 23 at 6:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Soldera Properties, Inc
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Investment Insights
Based on property information with market context.
This four-unit residential income property includes three units with 2 bedrooms and 1 bathroom, plus an additional unit with 1 bathroom. The total finished square footage is 3,416. Improvements include a roof reportedly newer by approximately five years, and the building has coin-operated laundry on-site. The property is professionally managed and noted as having no current vacancy.
The property is described as being close to freeways and shopping, supporting convenient day-to-day access for residents.
Prospective buyers and brokers should verify all information, including unit layouts and any details not explicitly confirmed in the listing.
The property is described as being close to freeways and shopping, supporting convenient day-to-day access for residents.
Prospective buyers and brokers should verify all information, including unit layouts and any details not explicitly confirmed in the listing.
Key Highlights
- Four‑unit multifamily with 3,416 total interior SF and a 1977 build date
- Newer roof reported as about 5 years old
- Coin‑operated laundry on‑site and professionally managed building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,101
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,020
$1.3M
Cap Rate 7%
$915,729
$915.7K
Cap Rate 9%
$712,233
$712.2K
Market Conditions
NOI Build-Up for 3,416 SF
Gross rent
$96.3K $28.20/SF
− Vacancy
−$4.8K −$1.39/SF
EGI
$91.6K $26.81/SF
− OpEx
−$27.5K −$8.04/SF
NOI
$64.1K $18.76/SF
Area
Kent, WA
Vacancy
4.94%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,020
Cap Rate 7%
$915,729
Cap Rate 9%
$712,233
Alternative Uses
Best Use
Multifamily LT 5
$915.7K
$801.3K – $1.07M
NOI $64,101 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$845.8K
$740.1K – $986.7K
NOI $59,204 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,610 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 98032, WA
38,744
Population
15,639
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
84%
High-School Grad
17.0 sq mi
ZIP Area
2,279
Density / Sq Mi
$77,413
Median Household Income
$46,105
Median Earnings
$1,782
Median Rent
$473,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily with a newer roof and coin-operated laundry, professionally managed and currently without vacancy.
Where is this quadplex located?
The property is located at 2716 S 258th Place Kent, WA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Four‑unit multifamily with 3,416 total interior SF and a 1977 build date; Newer roof reported as about 5 years old; Coin‑operated laundry on‑site and professionally managed building
