11025 Southeast 223rd Place

Kent, WA 98031

$850,000
Price
4
Beds
4
Baths
2,080 Sq. Ft.
$409 / Sq. Ft.
2,080
Sq. Ft.
$409
per Sq. Ft.

Description

This 4-plex features one-bedroom, one-bath in each unit, situated in a highly convenient location. Most units have been recently updated including kitchen, bathroom, windows, providing a blend of modern amenities and potential for further customization, low vacancy rate and highly rental demand, with a mix of reliable long term tenants in place. Each unit is equipped with washer/dryer, walk-in closet. newer roof. HOA covers garbage, landscaping, general clean up and parking lot repair.This 4-plex features one-bedroom, one-bath in each unit, situated in a highly convenient location. Most units have been recently updated including kitchen, bathroom, windows, providing a blend of modern amenities and potential for further customization, low vacancy rate and highly rental demand, with a mix of reliable long term tenants in place. Each unit is equipped with washer/dryer, walk-in closet. newer roof. HOA covers garbage, landscaping, general clean up and parking lot repair.
  1. Listed by Thang Vu • Better Prop International Dist

Property Details for 11025 Southeast 223rd Place

Community Name
Kent
School District
Kent
Number of Assigned Spaces
4
Total Covered Parking
0
Offers Review Date
11-30-2024
Entry Date
11-22-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/20/2024 02:13 AM

Property Details for 11025 Southeast 223rd Place

StatusActive
MLS #2312831
Days on Market33
Cumulative Days on Market33
Taxes$8,368 / year
HOA Fees$250 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.15 AC / 6,588 SF
CountyKing County

Building Information for 11025 Southeast 223rd Place

Stories1Residences4Year Built1979Building Size-Lot Size0.15 AC / 6,588 SF

Property Information for 11025 Southeast 223rd Place

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Athletic Court, Cable TV, Fenced-Partially, Patio
  • Area: 330 - Kent
  • Directions: GPS
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 8367
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate
  • Features: Laminate
  • Amenities: Playground
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3339
  • Power Company: PSE
  • Sewer Company: City of Kent
  • Water Company: City of Kent
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: 2080
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 13
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: King County
  • Parcel Number Free Text: 0738500250
  • Building Condition: Very Good
  • Calculated Square Footage: 2080
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2080.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 15927
  • Gross Adjusted Income: 66890
  • Gross Rent Multiplier: 12.7
  • Gross Scheduled Income: $66,890
  • Insurance Expense: $1,220
  • Net Operating Income: $50,964
  • Other Expenses: $3,000
  • Total Monthly Income: 5845
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 130
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 130
  • Rent Unit 2: $1,625.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 130
  • Rent Unit 3: $1,370.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 130
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2080.0
  • Leasable Area Units: Square Feet

Property History for 11025 Southeast 223rd Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11025 Southeast 223rd Place

Taxable ValueLand$120,000Additions$538,000Total$658,000
Tax Record2022$7,458 ($622 / month)
Home Facts
Total Finished SqFt2,080 SqFtAbove Ground SqFt2,080 SqFtStories1Lot Size6,588 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated1996ZoningSR-6CountyKINGAPN073850-0250

Schools near 11025 Southeast 223rd Place

This home is within Kent School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 3 to 12
Rating
School
Distance
Emerald Park Elementary School
PublicK to 6

Meeker Middle School
Public7 to 8

Kentridge High School
Public9 to 12

Kent Laboratory Academy
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11025 Southeast 223rd Place is a multi-family home for sale in Kent, WA 98031. This property was listed for sale on November 22, 2024 by Better Prop International Dist, it's currently listed at $850,000. It has been on the market for a total of 33 days and was last sold on July 15, 2009. This listing's school district is Kent School District. Nearby schools include Emerald Park Elementary School, Meeker Middle School and Kentridge High School. 11025 Southeast 223rd Place is a 4-bed, 4-bath, 2,080 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Prop International Dist

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.