First Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent, WA. Built in 1966, the property offers large, two-bedroom, one-and-a-half bath units averaging 1,000 SF with walk-up entries, generous living areas, private patios, and skylit bathrooms. Each unit includes washer/dryer hookups and functional two-level layouts with ample storage. Recent capital improvements include a new roof (2019), upgraded windows (2018), and copper supply lines. Off-street parking for 18 vehicles offers additional income potential. With clean interiors, durable systems, and the opportunity for light cosmetic upgrades, the property provides stable in-place cash flow with meaningful value-add upside.
Current Location
