Multifamily

Kent, WA Multifamily Properties for Sale

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Renton, WA Tukwila, WA Seattle, WA
Kent Multifamily Investment Opportunity
Updated: Mar 18
Kent Multifamily Investment Opportunity

4807 S 252nd Pl, Kent, WA 98032

$1,900,000
14,700 sqft
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.
Attractive, low‑management investments with predictable cash flow.
Proximity to major employment centers, transportation corridors, and retail amenities.
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Transit-Oriented Development Land in Kent
Updated: Feb 13
Transit-Oriented Development Land in Kent

23826 Pacific Hwy S Kent, Kent, WA 98032

$3,995,000
0.59 AC lot
Seller financing available
Prime Transit‑Oriented Development (TOD) Site: Adjacent to Kent/Des Moines Link Light Rail Station
High‑Density Zoning (MTC‑1): Allows Multifamily, Hotel, or Mixed‑Use Development up to 7 Stories / 65 Feet
Strategic Location: Immediate Access to Sea‑Tac Airport, Downtown Seattle, and Kent Valley Employment Hubs
Strong Residential Demand: Limited Remaining TOD Land Supply in a Growing Submarket
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Kent Land with Development Potential
Kent Land with Development Potential

23810 30th Ave S, Kent, WA 98032

$2,950,000
1 sqft

Land suitable for mixed-use development near Light Rail Station.

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Development Opportunity Near Light Rail
Development Opportunity Near Light Rail

24202 PACIFIC HIGHWAY S, Kent, WA 98032

$6,500,000

Land suitable for mixed-use development near Kent Des Moines station.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 Active listings in Kent, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

First Hill High-Rise Development Site
First Hill High-Rise Development Site

815 9th Avenue #3 & 6, Seattle, Seattle, WA 98104

$8,200,000
0.25 AC lot

High-rise development site in First Hill with approved MUP.

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Vashon Vue Apartments Opportunity
Vashon Vue Apartments Opportunity

Seattle, WA 98198

$1,725,000
7,300 sqft

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

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Federal Way Multifamily Investment
Federal Way Multifamily Investment

34007 1st Cir S, Federal Way, WA 98003

$1,345,000
6,000 sqft

Six-unit multifamily property in Federal Way, Washington.

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Federal Way Multifamily Opportunity
Federal Way Multifamily Opportunity

28426 16th Ave S, Federal Way, WA 98003

Contact for pricing

Multifamily property for sale in Federal Way, Washington.

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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.

Recreational Land Near Mount Rainier
Recreational Land Near Mount Rainier

55912 317th Avenue E, Ashford, WA 98304

$80,000

Recreational land with RV hookups near Mount Rainier National Park.

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Centralia Commercial Land with Income
Centralia Commercial Land with Income

1535 S Gold Street, Centralia, WA 98531

$500,000
6.50 AC lot

6.5+ acre commercial land with income and development potential.

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Sequim Land with Panoramic Views
Sequim Land with Panoramic Views

463 Miller Road, Sequim, WA 98382

$1,399,000
9.90 AC lot

9.9 acres with saltwater, mountain, and city views.

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Lexington Westside Highway RV Resort
Lexington Westside Highway RV Resort

1820 West Side Hwy, Kelso, WA 98626

Contact for pricing
20.00 AC lot

Proposed 184-space RV resort with river access in Lexington.

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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.

945 Central N Ave
BOARDING/ROOMING HOUSE

945 Central N Ave, Kent, WA 98032-3047

$4,060,000
Estimated value
18,427 sqft · 0.50 AC lot
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720 Washington Ave
Multifamily properties

720 Washington Ave, Kent, WA 98032

Value Estimation by Request
7,380 sqft · 0.47 AC lot
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731 5Th Ave
Multifamily properties

731 5Th Ave, Kent, WA 98032

Value Estimation by Request
1.43 AC lot
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406 George St
Multifamily properties

406 George St, Kent, WA 98031

Value Estimation by Request
8,656 sqft
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855 4Th Ave
Multifamily properties

855 4Th Ave, Kent, WA 98032

Value Estimation by Request
1.20 AC lot
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702 5Th Ave
Multifamily properties

702 5Th Ave, Kent, WA 98032

Value Estimation by Request
0.90 AC lot
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Kent, WA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Kent, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,701 square feet of properties for sale, with an estimated market value of $4,850,000.

Sale prices for multifamily properties in Kent, WA start at $1,900,000, averaging $2,425,000, and reaching up to $2,950,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Mobile home & RV parks 1
Quadplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
98032 $3.8M

Taxes & Financing

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

Property Size Breakdown

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

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