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Kent Multifamily Investment Opportunity
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4807 S 252nd Pl, Kent, WA 98032

Two well-maintained 4-plexes in Kent, Washington for sale.

Property Size14,700 SF
Price / SF$122.45
Days on Market153

Property Features for 4807 S 252nd Pl

General Information

Standard status Active
Size 14,700 SF
Total Parking Spaces 24
Property subtype Multifamily
Net Operating Income $113,114

Building Details

Year Built 1963
Units 8
Listing Agency: Kidder Mathews Tacoma
Listed By: Austin Kelley · License #WA
Source: Crexi
Added: Mar 18 Changed: Aug 8 Last Checked: Aug 16 at 5:37PM

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 Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

Two well-maintained 4-plex properties, located in Kent, Washington, are available for purchase, either as a portfolio or individually. These properties offer investors the flexibility to acquire a small multifamily portfolio or purchase each asset separately. Recent capital improvements, including updated property systems and new roofs, have been made to both 4-plexes, reducing near-term maintenance needs and supporting long-term operational stability. The buildings feature modernized interior finishes, enhancing tenant appeal and supporting stable occupancy within a high-demand rental market. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow. The assets benefit from proximity to major employment centers, transportation corridors, and retail amenities throughout the South Sound region. This offering presents an excellent opportunity to acquire stabilized multifamily assets in a supply-constrained market. The property size is 14700 square feet.

Key Highlights

  • Two well‑maintained 4‑plex properties in Kent, WA, offering a small multifamily portfolio opportunity.
  • Recent capital improvements, including new roofs, reducing maintenance risk.
  • Modernized interior finishes creating strong tenant appeal** in a high‑demand rental market.

Property Analytics

Current Use

DiamondD Adult Entertainments Nightclub

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Electrical Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two well-maintained 4-plexes in Kent, Washington for sale.
Where is this quadplex located?
The property is located at 4807 S 252nd Pl Kent, WA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two well‑maintained 4‑plex properties in Kent, WA, offering a small multifamily portfolio opportunity.; Recent capital improvements, including **new roofs**, reducing maintenance risk.; Modernized interior finishes creating strong tenant appeal** in a high‑demand rental market.
(253) 722-1421 Call to check price and availability
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