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21902 84th Ave S , Kent, WA 98032
$1,380,000
Est. Payment: $7,360.52/mo
7 Bed
4 Bath
1939 Sqft
0.27 Acres
Status: active | Days on site: 9
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1085 - 30112
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House Description

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.

Highlights

Listed by Caroline L. Bouvier , 206-650-0431 Coldwell Banker Danforth , 800-945-4110. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.27

Year Built

1958

County

King

Area

330 - Kent

Neighborhood

Downtown Kent

School District

Kent

Listing ID

2590251

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:4
Floor:Vinyl Plank
Water:City of Kent

Exterior Features

Lot:Dead End Street,Hot Tub/Spa,Zoning: Industrial,See Remarks
Garage Capacity:10
Zoning:Industrial,See Remarks
Roof:Composition
Others:
  • ▪ Additional:Cement Planked, Average
Sewer:City of Kent
Parking Features:Covered
Principal Interest
$7,361
Taxes
$798

Home Price

$1,380,000

Loan Details

30 yrs
7.021%

Down Payment

20%
$276,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,360.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,360.52 $797.50 $0.00 $8,158.02
Yearly $88,326.20 $9,570.00 $0.00 $97,896.20
Total $2,649,785.92 $287,100.00 $0.00 $2,936,885.92
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Kent, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-11-08T08:02:14.000Z

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