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$1,725,000
11 Days On Site
418 W Meeker StreetKent, WA98032
For Sale|Multi Family|Active
0
Beds
0
Total Baths
8,376
SqFt
$206
/SqFt
1958
Built
Cumulative Days On Market:
12
Subdivision:
Downtown Kent
County:
King
Courtesy of NWMLS
Listing courtesy of Ethan Szmania of The Foundation Group LLC
Listing courtesy of Ethan Szmania of The Foundation Group LLC
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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.
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Listing Snapshot
Price
$1,725,000
Days On Site
11 Days
Bedrooms
N/A
Inside Area (SqFt)
8,376 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1872 Acres
Year Built
1958
MLS® Number
2418375
Status
Active
Property Tax
$12,879
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
General Features
Acres
0.1872
Foundation
Slab
Number Of Stories
2
Parking Spaces
10
Property Sub Type
Multi Family
SqFt Total
8376
Utilities
Sewer Connected
Interior Features
Flooring
LaminateVinyl
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Concrete
Lot Features
Paved
Roof
Flat
Community Features
Association Amenities
Coin Laundry
Financing Terms Available
ConventionalFHAVA Loan
MLS Area
330 - Kent
School District
Kent
Schools
School District
Kent
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Ethan Szmania of The Foundation Group LLC
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-18 09:37 PM PDT
Listing courtesy of Ethan Szmania of The Foundation Group LLC
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-18 09:37 PM PDT
Neighborhood & Commute
Source: Walkscore
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