Kent, WA Multifamily Properties for Sale

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Updated: Oct 27, 2025

Four-Unit Residential Income Property

2716 S 258th Place, Kent, WA 98032

$899,000

3,416 sqft

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
Currently without vacancy (no vacancy reported)
6 uncovered parking spaces and fully fenced site with deck and patio

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This listing looks promising.

Here's a quick look at some key insights for

2716 S 258th Place, Kent, WA 98032

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$64K
Annual
Mortgage

$230K
Mar 2021
Last Sold

Mar 2021
$460K
Property Type

Quadplex
Built 1977

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Updated: Mar 10

Apartment Building with In-Unit Laundry

108 Kensington, Kent, WA 98030

$2,125,000

8,628 sqft

1986‑built apartment building offering one- and two‑bedroom units
In‑unit washer and dryer in every unit
Functional unit mix includes one‑bedroom and two‑bedroom apartments
Immediate access to State Routes 167 and 516 for connectivity to I‑5 and the greater Puget Sound region
Close to Kent Station and the Sounder Train Station for retail, dining, and commuter transit

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Vacant 10-Unit Apartment Building

739 3rd Avenue S, Kent, WA 98032

$1,995,000

7,808 sqft

10-unit apartment building offered vacant at close near Kent Station and SR-516.

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Kent Multifamily Investment Opportunity

4807 S 252nd Pl, Kent, WA 98032

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14,700 sqft

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

6-Unit Multifamily Property

1613 Maple Lane #D1-D6, Kent, WA 98030

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5,580 sqft

Well-maintained 6-unit multifamily property with in-unit washer and dryer and dedicated utility space in each unit.

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Kent Land with Development Potential

23810 30th Ave S, Kent, WA 98032

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1 sqft 1.00 AC lot

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

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Mobile Home Park with Development Potential

23810 30th Ave S, Kent, WA 98032

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20 single-wide mobile home units on month-to-month leases, with easement access to the back for development flexibility.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 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 2 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

Seattle, WA 98198

$1,725,000

7,300 sqft

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

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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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Mixed-Use Development Opportunity

22725 Pacific Hwy S, Des Moines, WA 98198

$1,995,000

46,609 sqft

Mixed-use development site with completed drawings for apartments and retail.

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Des Moines Multifamily Investment Opportunity

22707 30th Ave S, Des Moines, WA 98198

$1,100,000

6-unit apartment building near future light rail station.

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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.

Serene Lot in Ponderosa Estates

20501 LaRita Drive E, Bonney Lake, WA 98391

$149,950

0.19 AC lot

8,250 sq. ft. lot with utilities available.

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Wooded Lot with Existing Structure

29445 SE 371st St, Enumclaw, WA 98022

Contact for pricing

1,344 sqft 1.00 AC lot

One-acre wooded lot with potential for renovation or new construction.

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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.

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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Multifamily properties

720 Washington Ave, Kent, WA 98032

Value Estimation by Request

7,380 sqft 0.47 AC lot

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Multifamily properties

731 5Th Ave, Kent, WA 98032

Value Estimation by Request

1.43 AC lot

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Multifamily properties

406 George St, Kent, WA 98031

Value Estimation by Request

8,656 sqft

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Multifamily properties

855 4Th Ave, Kent, WA 98032

Value Estimation by Request

1.20 AC lot

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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 13 multifamily properties for sale in Kent, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 40,133 square feet of properties for sale, with an estimated market value of $5,019,000.

Sale prices for multifamily properties in Kent, WA start at $899,000, averaging $1,673,000, and reaching up to $2,125,000 — 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

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	$1.4M
98030	$2.1M

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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