Green River Homes with 55 - 5-9 Units Style

Welcome to Green River, a picturesque neighborhood nestled in the heart of Kent, Washington. Known for its serene landscapes and vibrant community spirit, Green River offers an idyllic setting for those seeking a blend of natural beauty and urban convenience.

This charming neighborhood is bordered by the scenic Green River, which not only provides stunning views but also a plethora of outdoor activities. Residents enjoy easy access to walking and biking trails, perfect for those who love to explore the great outdoors. The lush greenery and tranquil atmosphere make it a haven for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Green River boasts a variety of homes that cater to diverse lifestyles, particularly the delightful 55-59 unit style homes. These residences are designed with comfort and functionality in mind, offering spacious layouts and modern amenities that appeal to both first-time buyers and those looking to downsize. The community is characterized by well-maintained properties, friendly neighbors, and a welcoming ambiance that fosters a strong sense of belonging.

In addition to its residential charm, Green River is conveniently located near essential amenities, including shopping centers, schools, and parks. With easy access to major highways, commuting to nearby cities is a breeze, making it an ideal location for professionals who work in Seattle or surrounding areas.

Whether you're seeking a peaceful retreat or a vibrant community, Green River is the perfect place to call home. Discover the charm and warmth of this exceptional neighborhood today!

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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