Green River Homes with 54 - 4-Plex Style

Welcome to Green River, a hidden gem nestled in the heart of Auburn, Washington! This vibrant neighborhood is known for its picturesque landscapes, friendly community, and an array of amenities that make it an ideal place to call home. With the stunning backdrop of the Green River and the majestic Cascade Mountains, residents enjoy a perfect blend of natural beauty and urban convenience.

Green River is characterized by its charming homes, particularly the sought-after 4-plex style residences. These unique properties offer a fantastic opportunity for both homeowners and investors alike. With four individual units, they provide flexibility for multi-generational living or the chance to generate rental income. Each unit is thoughtfully designed, maximizing space and comfort while ensuring privacy for each resident.

The neighborhood is family-friendly, with excellent schools, parks, and recreational facilities just a stone's throw away. Enjoy weekend picnics at nearby parks or take a leisurely stroll along the scenic river trails, where you can soak in the serene surroundings and breathtaking views. The community spirit is palpable, with local events and gatherings that foster a sense of belonging among residents.

Conveniently located, Green River offers easy access to major highways, making commuting to Seattle or Tacoma a breeze. Plus, you'll find a variety of shopping, dining, and entertainment options nearby, ensuring that everything you need is within reach.

Whether you're looking to invest or settle down, Green River’s 4-plex homes present a unique opportunity to embrace a lifestyle filled with charm, convenience, and community. Discover your dream home in this enchanting neighborhood today!

Newest Green River Homes with 54 - 4-Plex Style

$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 courtesy of Windermere Real Estate JS.

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