Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Kyle Wells, Windermere Real Estate Js
$1,149,990 (USD)
Getchell Area Residential
Active
11306 143rd Drive NE Lake Stevens, WA 98258
3 Bed
3 Baths
2527 sqft
MLS# 2549956
Welcome home to Glenmore Estates where exceptional craftsmanship meets everyday comfort in this beautifully updated rambler. Set on a corner lot on a quiet dead-end street, this 3-bedroom, 2.5-bath home offers 2,527 sq ft of refined living space and an impressive 1,414 sq ft attached garage, including a fully insulated 18' x 45' RV bay with 30-amp hookup. Inside the home, soaring 10' ceilings, walls of windows, and new hickory hardwood and porcelain tile flooring create a bright, sophisticated interior. The chef's kitchen is appointed with quartz countertops, soft-close cabinetry, custom European pantry storage, and WiFi-enabled stainless steel appliances including double ovens. The living room features a modern propane fireplace with built ins and an abundance of natural light. While the luxurious primary suite offers a spa-inspired bath with a beautifully remodeled tile shower and custom closet system. Thoughtful upgrades include a covered patio with propane fireplace and BBQ stub, 22kW Generac automatic backup generator, tankless water heater, LED lighting throughout, security system, and an 8-zone lawn sprinkler system. Lined with 24 Leyland Cypress trees and surrounded by neighborhood walking trails, this home offers timeless design, exceptional quality, and a setting that feels worlds away while remaining close to everyday conveniences. Home is pre-inspected. All appliances stay except fridge in garage.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Kyle Wells, Windermere Real Estate Js
$829,990 (USD)
Lake Stevens Area Condominium
Active
10507 35th Street NE Lake Stevens, WA 98258
5 Bed
3 Baths
2941 sqft
MLS# 2514696
Welcome to this beautifully maintained 5 bed 3 bath home in the sought after Timbers Community of Lake Stevens. Tucked away on a quiet dead end street with a cul-de-sac, this spacious 2-story home offers the perfect blend of comfort, functionality & modern upgrades. The main level features a welcoming entry & open great room concept with a designated formal dining space, ideal for both everyday living & entertaining. The kitchen is well appointed with granite countertops, soft-close cabinets/drawers, stainless steel appliances & a walk in pantry for ample storage. A main floor bedroom & 3/4 bathroom provide excellent flexibility for guests or multi generational living. The 2-car garage includes electric vehicle charging for added convenience. Upstairs, you will find a generous primary suite complete with a 5 piece en-suite bathroom & WIC, along with 3 additional bedrooms, a full bathroom, a huge bonus room & a conveniently located laundry room. Step outside to a fully fenced backyard designed for relaxation & enjoyment, featuring a concrete patio, string lighting & hot tub, all backing to a peaceful greenbelt for added privacy. Additional highlights include a gas fireplace, gas furnace, central A/C & an energy efficient tankless gas water heater. Enjoy the neighborhood playground & sport court. This home truly checks all the boxes with space, upgrades & location. Home is pre-inspected and all appliances convey.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Kyle Wells, Windermere Real Estate Js
$829,990 (USD)
Lake Stevens Area Residential
Active
10507 35th Street NE Lake Stevens, WA 98258
5 Bed
3 Baths
2941 sqft
MLS# 2517110
Welcome to this beautifully maintained 5 bed 3 bath home in the sought after Timbers Community of Lake Stevens. Tucked away on a quiet dead end street with a cul-de-sac, this spacious 2-story home offers the perfect blend of comfort, functionality & modern upgrades. The main level features a welcoming entry & open great room concept with a designated formal dining space, ideal for both everyday living & entertaining. The kitchen is well appointed with granite countertops, soft-close cabinets/drawers, stainless steel appliances & a walk in pantry for ample storage. A main floor bedroom & 3/4 bathroom provide excellent flexibility for guests or multi generational living. The 2-car garage includes electric vehicle charging for added convenience. Upstairs, you will find a generous primary suite complete with a 5 piece en-suite bathroom & WIC, along with 3 additional bedrooms, a full bathroom, a huge bonus room & a conveniently located laundry room. Step outside to a fully fenced backyard designed for relaxation & enjoyment, featuring a concrete patio, string lighting & hot tub, all backing to a peaceful greenbelt for added privacy. Additional highlights include a gas fireplace, gas furnace, central A/C & an energy efficient tankless gas water heater. Enjoy the neighborhood playground & sport court. This home truly checks all the boxes with space, upgrades & location. Home is pre-inspected and all appliances convey.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Kyle Wells, Windermere Real Estate Js
$375,000 (USD)
Victory Heights Area Condominium
Pending
2334 NE 102nd Street 202 Seattle, WA 98125
2 Bed
1 Baths
829 sqft
MLS# 2551010
Welcome home to your completely renovated and move-in ready 2-bedroom, 1-bath condo in Woodridge View. The home offers modern finishes, thoughtful design, and an unbeatable location near both Northgate and Lake Washington. Every surface has been refreshed with quality and attention to detail throughout. The stunning new kitchen features white oak shaker cabinetry with soft-close doors and drawers, quartz countertops with a continuous quartz backsplash, and stainless steel appliances. New laminate hardwood flooring and tile extend throughout the home, complemented by freshly painted walls, ceilings, doors, and trim. Additional upgrades include all new plumbing fixtures, a brand new water heater, new solid core doors throughout, LED light fixtures and recessed lighting, custom closet storage, and an all-in-one washer and dryer combo. The fully remodeled bathroom showcases a new vanity, updated fixtures, a new toilet, mirror, exhaust fan, and a tub/shower surround with sliding glass doors. Enjoy the peace of mind and energy efficiency of all new double pane vinyl windows and a sliding glass door that takes you to your private balcony. The home includes an assigned parking space and private storage unit. Low HOA dues of just $275 per month include water, sewer, garbage, studs out insurance policy, and common area maintenance. The community roof was replaced in 2025, making this an exceptional opportunity for low-maintenance living in one of Seattle's most convenient locations.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Kyle Wells, Windermere Real Estate Js
Northwest MLS as distributed by MLS GRID / Listed By: Kyle Wells, Windermere Real Estate Js