8420 South 266th Street

Kent, WA 98030

$625,000
Last Sold Price
8
Beds
4
Baths
3,290 Sq. Ft.
$190 / Sq. Ft.
3,290
Sq. Ft.
$190
per Sq. Ft.

Description

Rare opportunity to own a fantastic 4-plex in fabulous rental location. All units 2 bed/1bath/823'. Fully remodeled past 4 years. Paint/carpet/floors/ appliances/counters/cabinets and so much more. New 25 year roof Oct/2019 (warranty transferable). Never vacant, always rented. Great tenants in place all below market value. W/D Hookup. All 4-units share large fenced back-yard. 2 parking spaces per unit. Easy access to Hwy 167/shops/restaurants and bus stop.Rare opportunity to own a fantastic 4-plex in fabulous rental location. All units 2 bed/1bath/823'. Fully remodeled past 4 years. Paint/carpet/floors/ appliances/counters/cabinets and so much more. New 25 year roof Oct/2019 (warranty transferable). Never vacant, always rented. Great tenants in place all below market value. W/D Hookup. All 4-units share large fenced back-yard. 2 parking spaces per unit. Easy access to Hwy 167/shops/restaurants and bus stop.
  1. Listed by Jeanne Stilwell • RE/MAX Integrity

Property Details for 8420 South 266th Street

Community Name
Kent
School District
Kent
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
10-17-2019
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Integrity

Sold By Keller Williams Realty PS

Add your commute
LISTING UPDATED: 05/14/2021 04:28 AM

Property Details for 8420 South 266th Street

StatusSold
MLS #1460653
Days on Market30
Cumulative Days on Market2
Taxes$6,734 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.29 AC / 12,600 SF
CountyKing County

Location

Listing Courtesy of RE/MAX Integrity

Sold By Keller Williams Realty PS

Add your commute

Building Information for 8420 South 266th Street

Stories2Residences4Year Built1980Building Size-Lot Size0.29 AC / 12,600 SF

Payment Calculator

$3,972 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$561

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8420 South 266th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Fully, Patio
  • Area: 330 - Kent
  • Block: 30
  • Elementary School: Scenic Hill Elem
  • Middle Or Junior School: Sequoia Jnr High
  • High School: Kent-Meridian High
  • Effective Year Built Source: Public Records
  • Directions: Hwy 167 (S) to S 277th St, left at stop light, S 277th St, (L) 83rd Ave S, (R) on S 266th St, 4-plex on left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Carpet
  • Features: Laminate Tile
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Insert
  • Water Source: Public
  • Water/Sewer/Garbage: 2124
  • Power Company: PSE
  • Sewer Company: Kent Water
  • Water Company: Kent Water
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1980
  • Photos Count: 25
Lot Information
  • Lot Details: Paved
  • Lot Size Dimensions: 12,600
  • Lot Number: 1
  • Lot Size Source: Tax Assessor
  • Parcel Number Free Text: 3462800250
  • Calculated Square Footage: 3290
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3290.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $139
  • Total Expenses: 10677
  • Gross Adjusted Income: 44415
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $45,360
  • Insurance Expense: $1,279
  • Net Operating Income: $33,738
  • Other Expenses: $7,155
  • Total Monthly Income: 3780
  • Fuel Expense: $1
Unit 1
  • Name Unit 1: D
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 823
  • Rent Unit 1: $945.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: A
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 823
  • Rent Unit 2: $945.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: B
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 823
  • Rent Unit 3: $945.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: C
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 823
  • Rent Unit 4: $945.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3290.0
  • Leasable Area Units: Square Feet

Property History for 8420 South 266th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8420 South 266th Street

Taxable ValueLand$189,000Additions$630,000Total$819,000
Tax Record2022$9,300 ($775 / month)
Home Facts
Total Finished SqFt3,288 SqFtAbove Ground SqFt3,288 SqFtStories2Lot Size12,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1980Year Renovated1996ZoningMR-MCountyKINGAPN346280-0250

Schools near 8420 South 266th 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

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.

Similar Homes

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Similar Sold Homes

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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 RE/MAX Integrity

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.