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About the Listing 5243 - 109583,139800
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!
Listing Highlights
Status
Active
Days on Site
8
Property Type
Residential
MLS ®
2550031
Year Built
1978
Total Square Footage
1,920
Lot/Acreage
0.2
County
King
Building Name
Parkside 02
Neighborhood
West Hill
School District
Federal Way
Elementary School
Sunnycrest Elementary
Middle School
Evergreen Middle
High School
Thomas Jefferson High
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full / 1 Half
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
- Air Cond:
- Heating: Forced Air
- Fireplaces: 1, Wood Burning,1 Fireplace
- Floor: Ceramic Tile,Laminate,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Walk-In Closet(s),Water Heater,Master on Main
- Water: City of Kent
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Built On Lot,Deck,Fenced-Partially
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof: Composition
- Others: Wood,Fair
- Sewer: City of Kent
- Parking Features: Attached Garage
Financial Details
- Tax Amount: $6,109
- Taxes w/Assessments: N/A
- Tax/Property ID: 6669020390
- Tax Year: 2026
Payment Calculator
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Questions About..
3706 S 255th Pl Kent, WA 98032
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