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USAWAKentDowntown Kent418 W Meeker St
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418 W Meeker St, Kent, WA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,725,000

0010

MLS® 2418375

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $12,879
Days Active 82
Lot Size 
Approx. Age 1958
MLS® Number 2418375

Property Address: 418 W Meeker St, Kent, WA, 98032-5817

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied 7.39% cap rate + Value-add in downtown Kent location - Mixed-use building with 3 retail units and 5 apartments boasts strong in-place rents and ability to renovate remaining two apartment units. Renovated in 2021 including retail spaces. Aladin Bail Bonds anchors ground floor retail with 7 years remaining on lease and yearly 4% increases. Potential for owner-user in need of office or retail space. Apartment units are bright, spacious, and historically easy to rent. Coin-op laundry and 10 parking spaces in dedicated lot. Building includes renovated non-conforming studio (350SqFt) for additional upside.
MLS® Number2418375
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1872
Exterior
GarageNo
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 7, 2025List Date
$1,725,000List Price
  • Commute

Commute

Starting Address
Destination Address
418 W Meeker St, Kent, WA

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