Great multi-unit opportunity! Town home-style 4-plex with sizeable 2 bed 1.5 bath units that each come with washer/dryers, dishwashers, garbage disposals, and private patios with parking for up to 8 cars! Conveniently located near Kent Station and easily accessible to highways 167 and 516. Very low vacancy. Current owners have spent around $100K to-date. 3 out of 4 units have undergone major renovations over the past 4 years. Fresh exterior paint. Property has been maintained very clean with home warranty. Tenants pay electricity and gas. Cap rate 7.2%. Pre inspected. Total rent per month $7210.
Sold
Listed by: Kelly Right RE of Seattle LLC • Gani Konapala
Bought with: COMPASS
$1,140,000
640 5th Avenue S, Kent, WA 98032
8beds
8baths
3,840sqft
Quadruplex, Multi Family
Built in 1980
-- sqft lot
$1,128,000 Zestimate®
$297/sqft
$2,229 Estimated rent
Home value
$1,128,000
$1.04M - $1.23M
$2,229/mo
Zestimate® history
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List your homeWhat's special
Garbage disposalsPrivate patiosFresh exterior paint
Zillow last checked:
Listing updated:
Listed by:
Gani Konapala,
Kelly Right RE of Seattle LLC
Bought with:
Jennifer Huynh, 23006247
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2359911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Baseboard, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,840
- Total interior livable area: 3,840 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Laminate
Lot
- Size: 0.27 Acres
- Features: Curbs, Paved, Patio
Details
- Parcel number: 9197100111
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1980
- Major remodel year: 1996
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Kent
- Water: Public, Company: City of Kent
- Utilities for property: Comcast
Community & HOA
Community
- Subdivision: Kent
Location
- Region: Kent
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $928,000
- Annual tax amount: $10,120
- Date on market: 6/23/2025
- Cumulative days on market: 394 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Sold | $1,140,000-4.6%$297/sqft |
Source:  NWMLS as distributed by MLS GRID #2359911 Report a problem | ||
| 4/27/2025 | Pending sale | $1,195,000$311/sqft |
Source: NWMLS as distributed by MLS GRID #2359911 Report a problem | ||
| 4/16/2025 | Listed for sale | $1,195,000+58.3%$311/sqft |
Source: NWMLS as distributed by MLS GRID #2359911 Report a problem | ||
| 11/24/2020 | Sold | $755,000-5.6%$197/sqft |
Source: NWMLS as distributed by MLS GRID #1660203 Report a problem | ||
| 10/18/2020 | Pending sale | $799,950$208/sqft |
Source: Keller Williams Realty Greater Seattle #1660203 Report a problem | ||
| 9/11/2020 | Listed for sale | $799,950+135.3%$208/sqft |
Source: Keller Williams Realty Greater Seattle #1660203 Report a problem | ||
| 5/19/2016 | Listing removed | $1,095+29.6% |
Source: WPM South, LLC Report a problem | ||
| 11/11/2012 | Listing removed | $845 |
Source: Rental Source Report a problem | ||
| 9/6/2012 | Listed for rent | $845 |
Source: Gabriel Dumitrescu Report a problem | ||
| 3/22/2012 | Sold | $340,000+0.3%$89/sqft |
Source: NWMLS as distributed by MLS GRID #171942 Report a problem | ||
| 11/3/2011 | Listing removed | $339,000$88/sqft |
Source: Asset Realty Group #171942 Report a problem | ||
| 10/7/2011 | Listed for sale | $339,000$88/sqft |
Source: Asset Realty Group #171942 Report a problem | ||
| 7/12/2011 | Listing removed | $339,000$88/sqft |
Source: Asset Realty Group #171942 Report a problem | ||
| 5/14/2011 | Listed for sale | $339,000-13.1%$88/sqft |
Source: Asset Realty Group #171942 Report a problem | ||
| 3/20/2011 | Listing removed | $390,000$102/sqft |
Source: http://WAHomeBuyerNetwork.com Report a problem | ||
| 1/21/2011 | Listed for sale | $390,000+15.7%$102/sqft |
Source: http://WAHomeBuyerNetwork.com Report a problem | ||
| 3/13/2002 | Sold | $337,000+22.5%$88/sqft |
Source: Public Record Report a problem | ||
| 8/13/1999 | Sold | $275,000+28.5%$72/sqft |
Source: Public Record Report a problem | ||
| 7/1/1997 | Sold | $214,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,220 +11.4% | $928,000 +3.5% |
| 2024 | $10,072 -0.5% | $897,000 +2.2% |
| 2023 | $10,119 -5.2% | $878,000 -7.9% |
| 2022 | $10,677 +5.4% | $953,000 +21.2% |
| 2021 | $10,134 +5.3% | $786,000 +9.6% |
| 2020 | $9,623 +17.7% | $717,000 +20.1% |
| 2019 | $8,179 +16.3% | $597,000 +13.3% |
| 2018 | $7,033 +3.9% | $527,000 +15.6% |
| 2017 | $6,772 +36.9% | $456,000 +8.8% |
| 2016 | $4,947 | $419,000 +8% |
| 2015 | $4,947 | $388,000 +14.1% |
| 2014 | $4,947 | $340,000 -12.6% |
| 2013 | $4,947 | $389,000 +2.9% |
| 2012 | -- | $378,000 |
| 2011 | -- | $378,000 -6.9% |
| 2010 | -- | $406,000 |
| 2009 | -- | $406,000 +8% |
| 2007 | -- | $376,000 +8.4% |
| 2006 | -- | $347,000 +15.7% |
| 2005 | -- | $300,000 +43.1% |
| 2001 | $2,968 -4.6% | $209,600 |
| 2000 | $3,112 | $209,600 |
Find assessor info on the county website
Neighborhood: 98032
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Nearby schools
GreatSchools rating
- 5/10Scenic Hill Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10Mill Creek Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Kent-Meridian High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Scenic Hill 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
$1,128,000
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Estimated market value
$1,128,000
- Washington
- King County
- Kent
- 98032
- 640 5th Avenue S
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