Sorry, Aris 360 isn’t in this area yet.

We are expanding to new markets each month. Check back soon for new listings!

Join us for exciting listings and expert advice. We're here to make your real estate dream a reality.

Listing Firm: Global Real Estate Group: Kyle L. Simon

Bought With: Professional Realty Services : Sue Dhillon

SOLD On August 15, 2023
NWMLS # 2039401

$1,150,000

  • Sold Price
  • - Beds
  • - Baths
  • 3992 Sq.ft.

729 1st Avenue S, Kent, WA 98032

Listings with the three tree icon are courtesy of NWMLS

About This Property

Huge cash flowing property!! ZERO owner utility expense, tenants pay all utilities. Maintained meticulously; hard to find Townhome style units w/ convenient half bath on main floor. Spacious units feel & rent like 3 bdrms due to an original partition wall in all units (closet & egress included). Always rent fast & stay rented! Each unit with its own patio & fully fenced private yard. Prime location in Kent! One of the largest industrial corridors in the nation is just two minutes away. A job hub that provides over 100,000 jobs to local residents! Rental income exceeds $110k at market rents. Room for future improvement with a permit for a 3rd bdrm. Turn key, cash flowing asset. (May be purchased with adjacent building MLS: 2039429)

Buyer's Agent: Sue Dhillon • Professional Realty Services

Listed by: Kyle L. Simon • Global Real Estate Group

Aris360 Last Checked: Just Now (Jul 20, 2025 03:12 PM)

  • Source: NWMLS as Distributed by MLS Grid #2039401

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 1st
  • Zip/Postal Code: 98032
  • City: Kent

Payment Calculator

$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

Down Payment

Down Payment
Are you a veteran?
Have a home sell?

Home Price

Find out the main costs involved in a home purchase in our Home Buying Guide.

Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

Loan Term
Property Tax Rate
HOA Dues
PMI
  • Takes about 3 minutes
  • Won't affect your credit score
Get pre-qualified

Property Features

  • County
    • Kent
  • Community
    • 330 - Kent
  • MLS Area
    • 330 - Kent
  • Longitude
    • -122.233644
  • Latitude
    • 47.374422
  • Directions
    • From Central Ave head west on Willis to 1st Ave S. South on 1st and the building is on your right.

  • Interior
    • Laminate
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Vinyl
    • Carpet
    • Vinyl Plank
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 10
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood Products
    • Metal/Vinyl
  • Site Description
    • Cable TV,Fenced-Fully,Gated Entry,High Speed Internet,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
    • Very Good,
  • Water
    • City of Kent
  • Building Total Area (Sq. Ft.)
    • 9329
  • Utilities
    • Sewer Connected,
    • Electric,
  • View Description
    • Territorial,

  • High School District
    • Kent

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Condominium,
  • Tax Amount
    • $10400
  • Year Built
    • 1979
  • Effective Year Built
    • 1996
  • Status
    • Sold

Recently Listed Properties In Kent, 98032

Sold
Sold — New Owner Found!

$ 374,950

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1564 sq. ft
Sold
Sold — New Owner Found!

$ 435,000

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1414 sq. ft
Sold
Sold — New Owner Found!

$ 290,000

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 2 Beds
  • 2 Baths
  • 1140 sq. ft
Sold
Sold — New Owner Found!

$ 1,149,950

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 5 Beds
  • 3 Baths
  • 4120 sq. ft

Similar Properties In Kent, 98032

Sold
Sold — New Owner Found!

$ 440,000

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 2 Beds
  • 2 Baths
  • 1293 sq. ft
Sold
Sold — New Owner Found!

$ 554,950

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1410 sq. ft
Sold
Sold — New Owner Found!

$ 718,950

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2102 sq. ft
Sold
Sold — New Owner Found!

$ 269,500

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 1 Beds
  • 1 Baths
  • 801 sq. ft

Recently Viewed Properties In Kent, 98032

Sold
Sold — New Owner Found!

$ 525,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 5 Beds
  • 2 Baths
  • 3310 sq. ft
Sold
Sold — New Owner Found!

$ 238,880

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 2 Baths
  • 1166 sq. ft
Sold
Sold — New Owner Found!

$ 545,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 5 Beds
  • 2 Baths
  • 2676 sq. ft
Sold
Sold — New Owner Found!

$ 299,950

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 2 Baths
  • 995 sq. ft

Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Sun Jul 20 2025 . 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.

Jul 20, 2025 03:12 PM