323 1st Avenue South

323 1st Avenue South

Kent, WA 98032

$799,000
Price
4
Beds
4
Baths
2,468 Sq. Ft.
$324 / Sq. Ft.
2,468
Sq. Ft.
$324
per Sq. Ft.
a front view of a house with garden
front view of a house with a yard
front view of a house
a front view of a house with a yard
a view of entryway
a view of entryway and gallery with wooden floor
a view of a hallway with a room
a view of room with window and hallway
a view of a city from a balcony
a front view of a house with a garden
a front view of a house with garden
a view of a livingroom with furniture and a kitchen
a view of a kitchen with a sink and dishwasher cabinets
a kitchen with a refrigerator a sink and dishwasher with a large window
an empty room with a window
an empty room with a bathroom and a sink
a bathroom with a sink a toilet and shower
a living room with furniture and a couch
a living room with furniture and a window
a bathroom with a sink a mirror and cabinets
a room with furniture and a window
a bed sitting in a bedroom next to a window
a living room with furniture and a flat screen tv
a kitchen with a stove and a refrigerator
a bathroom with a toilet and a sink
a bedroom with a bed and a chandelier
Listing provided courtesy of John L. Scott, Inc

Description

Historic fourplex with original Victorian details in the heart of downtown only a few blocks from all of Kent Station's shops, restaurants, transit options & commuter routes. Downtown Commercial Enterprise zoning provides some of the least restrictive development possibilities for building additional structures or repurposing the site (buyer to verify). New sewer line, exterior paint, roof & gutters in 2023. All units are 1 bed, 1 bath with gas heat & stove. Currently fully occupied with one unit...Historic fourplex with original Victorian details in the heart of downtown only a few blocks from all of Kent Station's shops, restaurants, transit options & commuter routes. Downtown Commercial Enterprise zoning provides some of the least restrictive development possibilities for building additional structures or repurposing the site (buyer to verify). New sewer line, exterior paint, roof & gutters in 2023. All units are 1 bed, 1 bath with gas heat & stove. Currently fully occupied with one unit coming vacant June 1st - Perfect opportunity for an owner occupied purchase or future increase in rent. Unit 3 has in-unit laundry, the rest use off-site facilities- consider adding a coin-op laundry for additional income.
  1. Listed by Nick Gerisilo • John L. Scott, Inc
  2. Listed by Chelsey M. Gerisilo • John L. Scott, Inc

Property Details for 323 1st Avenue South

Community Name
Downtown Kent
School District
Kent
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
04-12-2024
Energy Source
Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of John L. Scott, Inc
Add your commute
LISTING UPDATED: 04/24/2024 12:52 PM

Property Details for 323 1st Avenue South

StatusActive
MLS #2222859
Days on Market18
Cumulative Days on Market47
Taxes$6,932 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1901
Lot Size0.18 AC / 7,680 SF
CountyKing County

Location

Listing Courtesy of John L. Scott, Inc
Add your commute

Building Information for 323 1st Avenue South

Stories2Residences4Year Built1901Building Size-Lot Size0.18 AC / 7,680 SF

Payment Calculator

$4,938 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$578

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 323 1st Avenue South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 330 - Kent
  • Block: Yeslers First Addition-Kent
  • Elementary School: Kent Elem
  • Middle Or Junior School: Mill Creek Mid Sch
  • High School: Kent-Meridian High
  • Effective Year Built Source: Public Records
  • Directions: From Central Ave, go West on W Willis St, North on 1st Ave S.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Hardwood, Vinyl, Carpet
  • Features: Hardwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3883
  • Power Company: PSE
  • Sewer Company: City of Kent
  • Water Company: City of Kent
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Commercial,Multi-Family,See Remarks
  • Possible Use: Commercial, Multi-Family, See Remarks
  • MLS Square Footage Source: King County Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1984
  • Photos Count: 28
Lot Information
  • Lot Details: Paved
  • Lot Number: 2
  • Lot Size Source: King County Records
  • Parcel Number Free Text: 9825700050
  • Calculated Square Footage: 2468
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2468.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • 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: $145
  • Total Expenses: 13512
  • Gross Adjusted Income: 55800
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $55,800
  • Insurance Expense: $1,352
  • Net Operating Income: $42,288
  • Other Expenses: $1,200
  • Total Monthly Income: 4650
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 600
  • Rent Unit 1: $1,250.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 500
  • Rent Unit 2: $1,150.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 500
  • Rent Unit 3: $1,150.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 600
  • Rent Unit 4: $1,100.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2209.0
  • Leasable Area Units: Square Feet

Property History for 323 1st Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 323 1st Avenue South

Taxable ValueLand$176,600Additions$420,400Total$597,000
Tax Record2022$6,932 ($578 / month)
Home Facts
Total Finished SqFt2,208 SqFtAbove Ground SqFt2,208 SqFtStories2Lot Size7,680 SqFtStyleMulti-Family Dwelling (2-4)Year Built1901Year Renovated1984ZoningDCECountyKINGAPN982570-0050

Schools near 323 1st Avenue South

This home is within Kent School District.
Rating
School
Type
Grades
Distance
Kent Mountain View Academy
Public - K to 12
Mill Creek Middle School
Public - 7 to 8
Kent-Meridian High School
Public - 9 to 12
Kent Phoenix Academy
Public - 9 to 12
Rating
School
Distance
Kent Mountain View Academy
PublicK to 12

Mill Creek Middle School
Public7 to 8

Kent-Meridian High School
Public9 to 12

Kent Phoenix Academy
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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More information about 323 1st Avenue South, Kent, WA 98032

323 1st Avenue South is a multi-family home for sale in Kent, WA 98032. This property was listed for sale on April 12, 2024 by John L. Scott, Inc, it's currently listed at $799,000. It has been on the market for a total of 18 days and was last sold on June 6, 2019. This listing's school district is Kent School District. Nearby schools include Kent Mountain View Academy, Mill Creek Middle School and Kent-Meridian High School. 323 1st Avenue South is a 4-bed, 4-bath, 2,468 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc

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.