1613 Maple Ln - Apartments FOR SALE


Kent, WA 98030
$1,290,000 USD
253-797-5858
1613 Maple Ln, Kent, WA for Sale
$1,290,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

1613 Maple Ln
Kent, WA 98030


HIGHLIGHTS

  • Six-unit multifamily asset with recent renovations supporting reduced maintenance costs.
  • Strong connectivity to I-5, Highway 167, Kent Station, and Sounder commuter rail.
  • Walking distance to shopping, dining, and community amenities in Kent’s East Hill neighborhood.
  • Each unit includes in-unit washer and dryer, private patio space, and individual parking.
  • Historically high occupancy rates with tenant flexibility for both short- and long-term leases.

OVERVIEW

Investor opportunity located in the heart of Kent, featuring a well-maintained six-unit multifamily property. Positioned in the East Hill neighborhood, the asset provides both consistent income and long-term upside within a supply-constrained and growing rental corridor. Each unit offers two bedrooms and one bath, averaging 980 SF, and includes in-unit laundry. Parking is on-site and includes private patios for added tenant appeal. The building has undergone numerous capital improvements in recent years, encompassing upgraded electrical systems, new siding, gutters, attic insulation, and selective interior renovations such as fresh flooring, paint, and updated fixtures. These enhancements reduce near-term maintenance risk and contribute to strong curb appeal. This property sits near major transit with quick access to Kent Station, Sounder Train, Hwy 167, and I-5, creating demand for both seasoned investors and those entering the multifamily segment. Proximity to shopping districts, dining, parks, and employment hubs make this a favorable option for sustained tenant occupancy. Experienced management and a proven rental history enhance its appeal as a stabilized investment.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

6

PRICE/UNIT

$215,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

14

LAND DETAILS

LAND ACRES

2.79 AC

LAND SF

121,532 SF

ZONING

MR-M

APN/PARCEL ID

509760-0010

ASK ABOUT THIS PROPERTY

Daniel SebryakovKW Lake Washington SoMore Info
253-797-5858

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Daniel SebryakovKW Lake Washington SoMore Info
253-797-5858

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.