Green River Homes under $700,000

Green River Homes under $700,000

Welcome to Green River, a charming neighborhood nestled in the heart of Kent, Washington. This picturesque area is known for its lush landscapes, vibrant community spirit, and a wealth of outdoor recreational opportunities. With the serene Green River winding its way through the neighborhood, residents can enjoy the beauty of nature right at their doorstep.

Green River is an ideal location for families, professionals, and retirees alike, offering a peaceful suburban atmosphere while still being conveniently close to the bustling city life of Seattle and Tacoma. The neighborhood boasts a variety of parks, walking trails, and picnic spots, making it perfect for weekend outings or evening strolls. The local schools are highly rated, ensuring that families have access to quality education.

One of the most appealing aspects of Green River is the availability of homes priced under $700,000. This creates an excellent opportunity for first-time homebuyers or those looking to downsize without compromising on comfort or quality. The homes here feature a mix of charming single-family residences and modern townhouses, many of which come with spacious yards and contemporary amenities.

In addition to the beautiful homes, residents enjoy easy access to local shops, restaurants, and community events that foster a strong sense of belonging. Whether you’re seeking a serene environment to raise a family or a vibrant community to enjoy your golden years, Green River has something special for everyone. Come explore this hidden gem and discover your dream home in this delightful neighborhood!

Newest Green River Homes under $700,000

1609 Maple Lane Unit #C5-C8, Kent
$700,000
2581755 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 4-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 $2,000+ 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 4-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.

1609 Maple Lane Unit #C5-C8, Kent

Listing Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

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