Green River Homes with 55 - 5-9 Units Style

Welcome to Green River, a hidden gem nestled in the heart of Kent, Washington. This charming neighborhood offers a unique blend of suburban tranquility and vibrant community life, making it an ideal place for families, young professionals, and retirees alike. The Green River area is characterized by its picturesque landscapes, featuring lush greenery and scenic views of the nearby river, which serves as a serene backdrop for outdoor enthusiasts.

One of the standout features of Green River is its diverse housing options, particularly the homes with 5-9 units. These thoughtfully designed residences provide a perfect balance of comfort and convenience, catering to those who appreciate a close-knit community feel without sacrificing modern amenities. Each unit in this style is crafted with attention to detail, offering spacious layouts and inviting interiors that make you feel right at home.

Residents of Green River enjoy easy access to a variety of local parks, recreational facilities, and walking trails along the river, perfect for weekend adventures or leisurely strolls. The neighborhood is well-connected, with major highways and public transportation options nearby, ensuring that commuting to Seattle or other parts of King County is a breeze.

In addition to its natural beauty, Green River boasts a vibrant local culture, with a selection of shops, restaurants, and community events that foster a strong sense of belonging. Whether you’re looking for a cozy spot to grab a coffee or a place to enjoy a meal with friends, you’ll find it here.

Discover the charm of Green River and experience the perfect blend of community, comfort, and convenience in this delightful Kent neighborhood!

Newest Green River Homes with 55 - 5-9 Units Style

$1,599,990

2559752 MLS ⋅ ACTIVE Status

Exceptional opportunity to acquire a well-maintained 8-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 $2,100+ 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 8-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 #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

$1,199,950

2524879 MLS ⋅ ACTIVE Status

Investor opportunity in the heart of Kent! Well-maintained 6-unit multifamily property offering strong in-place income, rental upside, and extensive capital improvements already completed. Over $2 million invested throughout the community with major expense items already addressed. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting of beams and foundations, roadway resurfacing, and concrete replacement. Roofs, fireplaces, gutters, and ventilation systems are regularly maintained. Each spacious 2-bedroom, 1-bath unit offers approximately 930 SF, a fireplace, in-unit washer and dryer, utility room, and ample parking. Units feature updated flooring, paint, appliances, and interior improvements, including approximately $30,000 invested in Unit D3. This building also features one of the largest backyard areas in the community. HOA dues cover management, water, sewer, garbage, exterior maintenance, common area upkeep, and ongoing property care, simplifying ownership. Current rents provide immediate cash flow with additional upside as units turn, with projected market rents of $2,100-$2,200 per month. Each unit has its own parcel number, providing flexibility for future individual sales or alternative exit strategies. Near Kent Station, Sounder Rail, shopping, dining, major employers, Hwy 167, and I-5. Rare turnkey multifamily investment with income potential

1613 Maple Lane Unit #D1-D6, Kent

Listing courtesy of KW Lake Washington So.

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