Live or Invest in Downtown Kent — Updated 4-plex. Discover a rare opportunity to own a historic Victorian 4-plex in downtown Kent, just blocks from Kent Station’s restaurants, shops, transit, and commuter access. With highly flexible Downtown Commercial Enterprise (DCE) zoning, the property offers outstanding potential for expansion or redevelopment. Recent updates include a new sewer line, fresh exterior paint, and a new roof with gutters. Each unit offers 1 bed/1 bath with gas heat and stove, plus separately metered utilities for tenant-paid efficiency. 3 units are recently remodeled, and one unit is ready for new possibilities—perfect for an owner-occupant or an investor seeking immediate value-add potential.
Sold
Listed by: Berkshire Hathaway HS NW
Bought with: Berkshire Hathaway HS NW
$885,000
323 1st Avenue S, Kent, WA 98032
4beds
4baths
2,209sqft
Multi Family
Built in 1901
-- sqft lot
$873,400 Zestimate®
$401/sqft
$2,204 Estimated rent
Home value
$873,400
$804,000 - $943,000
$2,204/mo
Zestimate® history
Owner options
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$2,204/mo
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$2,204/mo
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$5,322/mo
Est. payment
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$5,322/mo
Est. payment
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List your homeWhat's special
Separately metered utilitiesFresh exterior paintNew roof with gutters
Zillow last checked:
Listing updated:
Listed by:
Martin J. Ho,
Berkshire Hathaway HS NW,
Jennifer Wen,
Berkshire Hathaway HS NW
Bought with:
Joseph C. Ho, 3961
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2431992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Heat Pump, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Hardwood, Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,209
- Total interior livable area: 2,209 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Lot
- Size: 7,679 sqft
- Dimensions: 7,680 sf
- Features: Secluded, Deck, Fenced-Partially
Details
- Parcel number: 9825700050
- Zoning description: Commercial,Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1901
- Major remodel year: 1984
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Kent
- Water: Public, Company: City of Kent
- Utilities for property: Xfinity, Xfinity
Community & neighborhood
Location
- Region: Kent
- Subdivision: Downtown Kent
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 159 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Sold | $885,000-1.7%$401/sqft |
Source:  NWMLS as distributed by MLS GRID #2431992 Report a problem | ||
| 2/21/2026 | Pending sale | $900,000$407/sqft |
Source: NWMLS as distributed by MLS GRID #2431992 Report a problem | ||
| 9/15/2025 | Listed for sale | $900,000+28.6%$407/sqft |
Source: NWMLS as distributed by MLS GRID #2431992 Report a problem | ||
| 10/21/2024 | Sold | $699,900$317/sqft |
Source: NWMLS as distributed by MLS GRID #2264449 Report a problem | ||
| 8/14/2024 | Pending sale | $699,900$317/sqft |
Source: NWMLS as distributed by MLS GRID #2264449 Report a problem | ||
| 7/12/2024 | Listed for sale | $699,900+665.4%$317/sqft |
Source: NWMLS as distributed by MLS GRID #2264449 Report a problem | ||
| 6/18/2019 | Sold | $91,443$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,388 +10.3% | $675,000 +3.4% |
| 2024 | $6,700 -12.3% | $653,000 |
| 2023 | $7,643 +10.3% | $653,000 +9.4% |
| 2022 | $6,932 -3.6% | $597,000 +9.5% |
| 2021 | $7,193 +8% | $545,000 +12.8% |
| 2020 | $6,659 +32.7% | $483,200 +39.3% |
| 2019 | $5,017 +12.1% | $347,000 +10.2% |
| 2018 | $4,474 -3.9% | $315,000 +4.7% |
| 2017 | $4,657 +42.5% | $301,000 +2.4% |
| 2016 | $3,268 | $294,000 +11.8% |
| 2015 | $3,268 | $263,000 +15.4% |
| 2014 | $3,268 | $228,000 -8.1% |
| 2013 | $3,268 | $248,000 -7.8% |
| 2012 | -- | $269,000 |
| 2011 | -- | $269,000 -6.6% |
| 2010 | -- | $288,000 |
| 2009 | -- | $288,000 +37.8% |
| 2007 | -- | $209,000 +18.8% |
| 2006 | -- | $176,000 +23.1% |
| 2005 | -- | $143,000 +78.1% |
| 2001 | $1,141 -4.6% | $80,300 |
| 2000 | $1,196 | $80,300 |
Find assessor info on the county website
Neighborhood: 98032
Nearby schools
GreatSchools rating
- 2/10River Ridge ElementaryGrades: PK-5Distance: 3 mi
- 2/10Mill Creek Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Kent-Meridian High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Kent Elem
- Middle: Mill Creek Mid Sch
- High: Kent-Meridian High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$873,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$873,400
- Washington
- King County
- Kent
- 98032
- 323 1st Avenue S
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