Entity Owned Property summary
This 13-unit apartment building, located at 855 4th Ave N, Kent, WA 98032, presents a compelling value-add investment opportunity. The property, built in 1986 and renovated in 2005, boasts 14,200 square feet of net rentable space situated on a 1.2-acre lot. All 13 units are two-bedroom, two-bathroom apartments, each averaging over 1,000 square feet and featuring modern amenities including in-unit washer/dryer, private balconies, and dedicated garage parking (12 spaces total). Currently… operating at 100% occupancy (as of October 1, 2024), the property offers significant rental upside due to below-market rents. The property's strong pro-forma NOI of $208,231 translates to a 6.48% pro-forma cap rate on the $3,055,000 asking price. Its strategic location near Kent Station and the future Kent-Des Moines Link Light Rail Station, coupled with proximity to Kent Valley's thriving industrial market, ensures strong tenant demand and future appreciation. The property is zoned MR-G and features stainless steel appliances and vinyl plank flooring in nearly all units. This well-maintained, owner-operated building presents a turnkey investment with substantial potential for increased returns. The King County Assessor's Parcel Numbers are 132204-9231 and 132204-9176.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.2 ac
- Year built
- 1986
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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