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  • Listed by: Global Real Estate Group
    Bought with: The Remlinger Group
    $1,190,600

    8440 S 266th Street, Kent, WA 98030

    --beds
    --baths
    3,330sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $1,190,600 Zestimate®
    $358/sqft
    $2,587 Estimated rent

    Home value

    $1,190,600

    $1.11M - $1.27M

    $2,587/mo

    Zestimate® history
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    What's special

    Ample parkingModernized propertyOwn deckCondo-style buildingQuiet streetQuartz counters

    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!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    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 as distributed by MLS GRID,MLS#: 2039430MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    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: Multi Family
    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: Conventional,FHA,Rehab Loan,VA Loan
    • Cumulative days on market: 1043 days

    Price history

    DateEventPrice
    6/15/2023Sold$1,220,000-4.2%$366/sqft
    Source: NWMLS as distributed by MLS GRID #2039430 Report a problem
    5/16/2023Pending sale$1,274,000$383/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2039430 Report a problem
    5/5/2023Listed for sale$1,274,000$383/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2039430 Report a problem
    4/28/2023Pending sale$1,274,000$383/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2039430 Report a problem
    4/18/2023Listed for sale$1,274,000$383/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2039430 Report a problem
    3/31/2023Pending sale$1,274,000$383/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2039430 Report a problem
    3/25/2023Listed for sale$1,274,000+15.7%$383/sqft
    Source: NWMLS as distributed by MLS GRID #NWM2039430 Report a problem
    1/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/24/2022Price change$1,799+5.9%$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/21/2022Listed for rent$1,699$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/4/2022Sold$1,101,350+10.1%$331/sqft
    Source: NWMLS as distributed by MLS GRID #1886254 Report a problem
    2/23/2022Pending sale$1,000,000$300/sqft
    Source: NWMLS as distributed by MLS GRID #1886254 Report a problem
    2/16/2022Listed for sale$1,000,000+5.8%$300/sqft
    Source: NWMLS as distributed by MLS GRID #1886254 Report a problem
    4/30/2021Sold$945,000+7.4%$284/sqft
    Source: NWMLS as distributed by MLS GRID #1742468 Report a problem
    3/21/2021Pending sale$880,000$264/sqft
    Source: NWMLS as distributed by MLS GRID #1742468 Report a problem
    3/18/2021Listed for sale$880,000+84.1%$264/sqft
    Source: NWMLS as distributed by MLS GRID #1742468 Report a problem
    1/11/2007Sold$478,000+34.3%$144/sqft
    Source: Public Record Report a problem
    12/20/2002Sold$355,888$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,791 +10.1%$911,000 +3.4%
    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%
    2021$9,519 +6.6%$746,000 +11.2%
    2020$8,930 +19.2%$671,000 +21.8%
    2019$7,491 +13.1%$551,000 +9.3%
    2018$6,622 +6.1%$504,000 +18.6%
    2017$6,240 +20.3%$425,000 +3.7%
    2016$5,187 $410,000 +0.2%
    2015$5,187 $409,000 +11.1%
    2014$5,187 $368,000 +7.6%
    2013$5,187 $342,000 +7.9%
    2012-- $317,000
    2011-- $317,000 -19.9%
    2010-- $396,000
    2009-- $396,000 +12.8%
    2007-- $351,000 -3.6%
    2006-- $364,000 +20.1%
    2005-- $303,000 +37%
    2001$3,131 -4.6%$221,100
    2000$3,283 $221,100

    Find assessor info on the county website

    Neighborhood: 98030

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,190,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,190,600