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2,024 sqft

$1,380,000

21902 84th Avenue S, Kent WA, 98032

Price per sqft$681.82
Built in1958
Property size2,024 sqft
Property typeMulti-family

Overview

Active

Updated 1h ago

Rare and exceptional investment opportunity in downtown Kent! Situated on an 11,835 SF I2-zoned parcel, the recently updated fourplex offers a compelling combination of immediate cash flow and future flexibility. This investment offers nearly $90,000 in current annual rental income with three 2-bedroom units and one 1-bedroom unit, all thoughtfully designed on a single level. Each unit includes ensuite laundry, newer appliances, hard flooring and quartz countertops. The property has been well maintained and updated with new windows, water heaters and forced air heat for comfortable interiors. Tenants pay their own utilities, keeping owner expenses low. The substantial site features a highly functional layout, combining the existing building footprint with ample parking and open areas. The approximately 10 parking spaces provide exceptional convenience, and a large backyard adds value. Ideally positioned in a commercial/industrial area with convenient access to major transportation routes, employment centers, shopping and services. A distinctive property offering four well-appointed residential units, abundant parking and a sizeable parcel in a highly accessible Kent location. Buyer to verify zoning, permitted uses and development potential with the City of Kent.

$9,181/mo

Est. mortgage payment based on a $1,380,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2590251

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$9,570
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Caroline L. Bouvier, 206-650-0431 at Coldwell Banker Danforth

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/31/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/31/2026 at 2:31 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 10/31/2026 at 2:31 AM UTC 

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