418 W Meeker Street Kent, WA 98032
418 W Meeker Street
Kent, WA 98032
$1,725,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Fully occupied 7.39% cap rate + Value-add in downtown Kent location - Mixed-use building with 3 retail units and 5 apartments boasts strong in-place rents and ability to renovate remaining two apartment units. Renovated in 2021 including retail spaces. Aladin Bail Bonds anchors ground floor retail with 7 years remaining on lease and yearly 4% increases. Potential for owner-user in need of office or retail space. Apartment units are bright, spacious, and historically easy to rent. Coin-op laundry and 10 parking spaces in dedicated lot. Building includes renovated non-conforming studio (350SqFt) for additional upside.
Property Features
Community: Downtown Kent
5-9 Units
Exterior: Cement/Concrete
Roof: Flat
Year Built: 1958
2025 Taxes: $12879.00
Buyer Broker Compensation: 1.5%
Listing #: 2418375
Lot Details
Lot Size: 0.19 acres
Curbs
Paved
Sidewalk
No. of Units: 8
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Call or Email:
Grace Wamwere
What's Near 418 W Meeker Street Kent, WA 98032?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of The Foundation Group LLC
