3706 S 255th Place Kent, WA $ 680,000
3706 S 255th Place
$ 680,000
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3706 S 255th Place

Kent, WA, 98032
$ 680,000
Bedrooms4 Baths4.0 Sq 1,920

Monthly Estimate*

$ 4,294

Listed by Keller Williams Rlty Bellevue
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Multi-Family Home for sale in Kent, WA

for $680,000 with 4 bedrooms and 4 full baths. This 1,920 square foot home was built in 1978 on a lot size of 0.0126.

Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

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Multi-Family Active

Price

$ 680,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,108

Style

Duplex

Lot Size

0.0126

Year Built

1978

Town/City

Kent

County/Region

King

MLS | Web ID

2550198

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Tile
HOA Fee 0
Garage Spaces 2
Security Features Fully Fenced
Year Built 1978
Property Subtype Multi Family
Tax Year 2026
Building Name Parkside 02
County King
Net Operating Income 52100
Insurance Expense 922
New Construction N
Property Type Residential Income
HOA N
Subdivision Name West Hill
Special Listing Conditions None
Status Active
Directions I-5 S take exit 149 for WA516 toward Kent-Des Moines right onto Military Rd S left onto S 250th St right at the 1st cross street onto 38th Ave S right on S 255th Pl property on right hand side.
High School Thomas Jefferson Hig
City Kent
Senior Community Y/N N
High School District Federal Way
Number Of Units Total 3
MLS Area 120 - Des Moines/Redondo
Lot Size Units Square Feet
Lot Size Square Feet 550
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Sunnycrest Elem
Tax Annual Amount 6108.66
Electric Expense 100
Fuel Expense 100
Middle/Junior High School Evergreen Middle
Property Condition Fair
Public Remarks Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex generating over $60 000 in annual rental income with an impressive
Leasable Area 2320
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Kent
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 100
Property Style 52 - Duplex
Cap Rate 8
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Exterior
Exterior Amenities Wood
Lot Features Paved Sidewalk
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 1920
Lot Size Acres 0.0126
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Fully Gas Available
Parking Uncovered Total 3
Lot Number 39
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Interior
Flooring Ceramic Tile Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2550198
Street Number 1 3706
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* Excluded Features
List By
Maggie Sun

Listing Agent

Keller Williams Rlty Bellevue

Broker

Affordability Calculator

$4,803
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,294
Monthly Property Taxes
$509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5381035 Elementary School
5174229 Middle School
Thomas Jefferson Hig High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$680,000 Listed Price

Map


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3706 S 255th Place, Kent, WA, 98032 is a Multi-Family Home for sale at $680,000 with 1,920 sqft and a lot size of 0.0126. 3706 S 255th Place has 4 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 98032 which is in Kent, WA