317 East Titus Street
317 East Titus Street
Kent, WA 98030
$880,000
Last Sold Price
7
Beds
4.5
Baths
3,216 Sq. Ft.
$274 / Sq. Ft.
3,216
Sq. Ft.
$274
per Sq. Ft.
Sold 9/14/23
Sold 9/14/23
Listing provided courtesy of Coldwell Banker Danforth, The Remlinger Group
Description
Attention investors. Fully occupied, downtown Kent 4-Plex just off Central Ave. 5-minute walk to the Sounder Light Rail, the restaurants & shops at Kent Station & entertainment at Showare Center. This 14,400 square foot lot has a mixed-use zoning, Downtown Commercial Enterprise, which allows for a variety of uses. Half of the lot is also empty, which allows for future development. A great investment now w/ huge upside potential in the land. 3 units are 2 bedrooms, & 1 unit is a one bedroom. Each...Attention investors. Fully occupied, downtown Kent 4-Plex just off Central Ave. 5-minute walk to the Sounder Light Rail, the restaurants & shops at Kent Station & entertainment at Showare Center. This 14,400 square foot lot has a mixed-use zoning, Downtown Commercial Enterprise, which allows for a variety of uses. Half of the lot is also empty, which allows for future development. A great investment now w/ huge upside potential in the land. 3 units are 2 bedrooms, & 1 unit is a one bedroom. Each has a garage & an additional storage locker. Coin operated laundry on site. Low maintenance landscaping. Easy access to Highway-167. Rents below market rates. Tenants are month to month for your flexibility. No signage. Please do not disturb Tenants
- Listed by Dana Uyeta • Coldwell Banker Danforth
Property Details for 317 East Titus Street
Community Name
Downtown Kent
School DistrictKent
ViewCity, Territorial
Number of Assigned Spaces8
Total Covered Parking4
Entry Date05-19-2023
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Coldwell Banker Danforth![]()
Sold By The Remlinger Group
Add your commute
LISTING UPDATED: 09/15/2023 08:35 AM
Property Details for 317 East Titus Street
| Status | Sold |
|---|---|
| MLS # | 2070233 |
| Days on Market | 77 |
| Cumulative Days on Market | 248 |
| Taxes | $10,062 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1957 |
| Lot Size | 0.33 AC / 14,400 SF |
| County | King County |
Location
Listing Courtesy of Coldwell Banker Danforth![]()
Sold By The Remlinger Group
Add your commute
Building Information for 317 East Titus Street
Stories2Residences4Year Built1957Building Size-Lot Size0.33 AC / 14,400 SF
Payment Calculator
$5,641 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,803
Property Taxes
$839
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 317 East Titus Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Gas Available, RV Parking
- Area: 330 - Kent
- Effective Year Built Source: Public Records
- Directions: GPS works fine. Or, from the intersection of James St & Central, head south. Turn left on East Titus Street, go up hill to 1st building on left. Easy parking in front or off State Ave, next left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 4.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Amenities: Coin Op Laundry,Storage
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard, Radiant
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 3895
- Power Company: Puget Sound Energy
- Sewer Company: City of Kent
- Water Company: City of Kent
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete, Slab
- Zoning Class: Commercial,Multi-Family,See Remarks
- First Right Of Refusal: false
- Possible Use: Commercial, Multi-Family, See Remarks
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1992
- Photos Count: 21
Lot Information
- Lot Details: Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
- Lot Size Source: Public Records
- Parcel Number Free Text: 9179600650
- Calculated Square Footage: 3216
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3216.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 15999
- Gross Adjusted Income: 49800
- Gross Rent Multiplier: 20.04
- Gross Scheduled Income: $49,800
- Insurance Expense: $2,042
- Net Operating Income: $33,801
- Other Expenses: $0
- Total Monthly Income: 4150
- Fuel Expense: $0
Unit 1
- Name Unit 1: 317
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Rent Unit 1: $1,200.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 319
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Rent Unit 2: $910.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 321
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Rent Unit 3: $850.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 323
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Rent Unit 4: $990.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3216.0
- Leasable Area Units: Square Feet
Property History for 317 East Titus Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 317 East Titus Street
Taxable ValueLand$273,600Additions$599,400Total$873,000
Tax Record2022$10,062 ($838 / month)
Home Facts
Total Finished SqFt3,216 SqFtAbove Ground SqFt3,216 SqFtStories1Lot Size14,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1957Year Renovated1992ZoningDCE-TCountyKINGAPN917960-0650
Schools near 317 East Titus Street
This home is within Kent School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Scenic Hill Elementary School PublicPK to 6 | ||
Mill Creek Middle School Public7 to 8 | ||
Kent-Meridian High School Public9 to 12 | ||
Regional Justice Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Danforth
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.