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About the Listing 1305 - 679,42381
Excellent investment opportunity in Kent's desirable Lake Fenwick area! This 1962-built duplex sits on a .165-acre lot and currently generates $3,300/month in combined rental income from long-term leases. Unit 4804 offers 1 bedroom/1 bath, leased at $1,600/month through 10/31/2027. Unit 4806 offers 2 bedrooms/1 bath, leased at $1,700/month through 11/30/2027 — giving a new owner immediate, stable cash flow with both leases secured well into 2027. Featuring wood exterior siding, a composition roof, and a poured concrete foundation, the property has been thoughtfully updated with newer cabinetry, stainless steel appliances, tile backsplash, in-unit washer/dryer, and updated bathroom finishes with a tiled walk-in shower. Enjoy hardwood-look flooring throughout, baseboard heating, and a peaceful territorial view from the patio. Public water and sewer connection add convenience, and paved street access makes for easy showings. Currently tenant-occupied — please allow appointment notice and renter-call-first protocol for all showings. Located minutes from I-5, SR-509, and WA-516, with quick access to Kent's shopping, dining, and commuter routes. Don't miss this cash-flowing opportunity in a strong rental market!
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces: 0
- Floor: Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Kent
Exterior Details
- Lot Description: Paved,Patio
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Composition
- Others: Wood,Wood Products
- Sewer: City of Kent
Financial Details
- Tax Amount: $4,545
- Taxes w/Assessments: N/A
- Tax/Property ID: 6777900010
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
4804 - 4806 S 252nd Pl Kent, WA 98032
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