619 1st Avenue S Kent, WA $ 2,595,000
619 1st Avenue S
$ 2,595,000
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619 1st Avenue S

Kent, WA, 98032
$ 2,595,000
Baths0.0 Sq 11,000

Monthly Estimate*

$ 16,189

Listed by Lee & Associates Commercial RE
619 1st Avenue S, Kent, WA 98032 - Image 1
619 1st Avenue S, Kent, WA 98032 - Image 2
619 1st Avenue S, Kent, WA 98032 - Image 3
619 1st Avenue S, Kent, WA 98032 - Image 4
619 1st Avenue S, Kent, WA 98032 - Image 5
619 1st Avenue S, Kent, WA 98032 - Image 6
619 1st Avenue S, Kent, WA 98032 - Image 7
619 1st Avenue S, Kent, WA 98032 - Image 8
619 1st Avenue S, Kent, WA 98032 - Image 9
619 1st Avenue S, Kent, WA 98032 - Image 10
619 1st Avenue S, Kent, WA 98032 - Image 11
View a Virtual Tour
Studio

Multi-Family Home for sale in Kent, WA

for $2,595,000. This 11,000 square foot home was built in 1966 on a lot size of 0.3548.

First Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent, WA. Built in 1966, the property offers large, two-bedroom, one-and-a-half bath units averaging 1,000 SF with walk-up entries, generous living areas, private patios, and skylit bathrooms. Each unit includes washer/dryer hookups and functional two-level layouts with ample storage. Recent capital improvements include a new roof (2019), upgraded windows (2018), and copper supply lines. Off-street parking for 18 vehicles offers additional income potential. With clean interiors, durable systems, and the opportunity for light cosmetic upgrades, the property provides stable in-place cash flow with meaningful value-add upside.

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Multi-Family Active

Price

$ 2,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 27,464

Style

10+ Units

Lot Size

0.3548

Year Built

1966

Town/City

Kent

County/Region

King

MLS | Web ID

2400883

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject to Tenant Rights
Roof See Remarks
HOA Fee 0
Year Built 1966
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 172915
Insurance Expense 8800
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Kent
Special Listing Conditions None
Status Active
Directions South on 1st Ave mid block on the right.
City Kent
Senior Community Y/N N
High School District Kent
Open Parking Spaces 0
Number Of Units Total 11
MLS Area 330 - Kent
Lot Size Units Square Feet
Lot Size Square Feet 15453
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Out
Tax Annual Amount 27464
Electric Expense 0
Fuel Expense 0
Public Remarks First Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent WA. Built in 1966 the property offers large two-bedroom one-and-a-half bath units averaging 1 000 SF with
Leasable Area 11000
Virtual Tour http://www.lee-associates.com/northwest/properties/?propertyId=1513530-sale&address=619-1st-Ave-S&officeId=2085
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks Thermal Windows
Units Below Grade false
Units In Building Total 11
Water Sewer Garbage 24777
Property Style 56 - 10+ Units
Cap Rate 6.42
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Exterior
Exterior Amenities See Remarks
Total Parking 15
Foundation Details See Remarks Slab
Building Area Total 11000
Lot Size Acres 0.3548
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Ceramic Tile Laminate See Remarks
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2400883
Street Number 1 619
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* Excluded Features
List By
Daniel Lim

Listing Agent

Lee & Associates Commercial Re

Broker

Affordability Calculator

$18,478
Per Month
88%
12%
0%
Monthly Principal & Interest
$16,189
Monthly Property Taxes
$2,289
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
257264 Elementary School
256822 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$2,595,000 -3.71% Price Down
6/30/2025$2,695,000 Listed Price

Map


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619 1st Avenue S, Kent, WA, 98032 is a Multi-Family Home for sale at $2,595,000 with 11,000 sqft and a lot size of 0.3548. 619 1st Avenue S is a studio with 0.0 baths and was built in 1966. The property's zip code is 98032 which is in Kent, WA