A cash flowing, modernized property, with high rental demand! Quartz counters, recessed lighting, and new flooring in all units! A meticulously maintained, hard to find, private, condo-style building, on a quiet street with ample parking. All units are newly remodeled, and come with a fenced private yard, own deck or patio + washer and dryer. Current rents are significantly below market, since they were leased prior to ANY renovations. Major opportunity here to bring rents up to Market Rent: $2200+ Tenants pay ALL w/s/g! Prime location in Kent! Located in one of the largest industrial corridors in the nation: a job hub that provides over 100,000 jobs to local residents! Condo conversion? Buyer to verify. Turn key, cash flowing asset!
Sold
Listed by:
Kyle L. Simon,
Global Real Estate Group
Bought with: The Remlinger Group
$1,220,000
8440 S 266th Street, Kent, WA 98030
--beds
--baths
3,330sqft
Quadruplex
Built in 1980
-- sqft lot
$1,179,800 Zestimate®
$366/sqft
$2,427 Estimated rent
Home value
$1,179,800
$1.11M - $1.25M
$2,427/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2024 at 05:46am
Offers reviewed: May 15
Listed by:
Kyle L. Simon,
Global Real Estate Group
Bought with:
Tej Asher
The Remlinger Group
Gerrit Mahling
The Remlinger Group
Source: NWMLS,MLS#: 2039430
Facts & features
Interior
Heating
- Baseboard
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate, Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 3,330
- Total interior livable area: 3,330 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Features
- Patio & porch: Laminate Hardwood
Lot
- Size: 0.29 Acres
Details
- Parcel number: 3462800240
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1980
- Major remodel year: 1996
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Kent
- Water: Public, Company: City of Kent
- Utilities for property: Comcast, Comcast
Community & neighborhood
Location
- Region: Kent
- Subdivision: Kent
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,Rehab Loan,VA Loan
- Cumulative days on market: 736 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2023 | Sold | $1,220,000-4.2%$366/sqft |
Source:  NWMLS #2039430 | ||
| 5/16/2023 | Pending sale | $1,274,000$383/sqft |
Source: NWMLS #NWM2039430 | ||
| 5/5/2023 | Listed for sale | $1,274,000$383/sqft |
Source: NWMLS #NWM2039430 | ||
| 4/28/2023 | Pending sale | $1,274,000$383/sqft |
Source: NWMLS #NWM2039430 | ||
| 4/18/2023 | Listed for sale | $1,274,000$383/sqft |
Source: NWMLS #NWM2039430 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,892 -8.9% | $881,000 +2.4% |
| 2023 | $9,758 -5.5% | $860,000 -7.9% |
| 2022 | $10,330 +8.5% | $934,000 +25.2% |
Find assessor info on the county website
Neighborhood: 98030
Nearby schools
GreatSchools rating
- 6/10Scenic Hill Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 1/10Mill Creek Middle SchoolGrades: 7-8Distance: 1.5 mi
- 3/10Kent-Meridian High SchoolGrades: 9-12Distance: 1.2 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,179,800
2% more+ $23,596
With Zillow Showcase(estimated)
$1,203,396