412 East Meeker Street

Kent, WA 98030

$470,000
Last Sold Price
Beds
1,580 Sq. Ft.
$297 / Sq. Ft.
1,580
Sq. Ft.
$297
per Sq. Ft.

Description

INVESTOR ALERT! Wonderful and affordable opportunity for a 4Plex in Downtown Kent! Conveniently located and walkable to Kent Station for restaurants, shopping and transportation. Property is dual zoned for commercial and residential which can include retail, wholesale, industrial and commercial. Parking onsite for 2 cars and additional street parking right out front. All units are currently rented and tenants stay for 10+ years. Rents are below market so opportunity for more income! Bring your imagination...INVESTOR ALERT! Wonderful and affordable opportunity for a 4Plex in Downtown Kent! Conveniently located and walkable to Kent Station for restaurants, shopping and transportation. Property is dual zoned for commercial and residential which can include retail, wholesale, industrial and commercial. Parking onsite for 2 cars and additional street parking right out front. All units are currently rented and tenants stay for 10+ years. Rents are below market so opportunity for more income! Bring your imagination and build your own wealth for generations to come!

Property Details for 412 East Meeker Street

Community Name
Downtown Kent
School District
Kent
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
11-29-2022
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:46 AM

Property Details for 412 East Meeker Street

StatusSold
MLS #2019480
Days on Market66
Cumulative Days on Market49
Taxes$6,357 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.13 AC / 5,741 SF
CountyKing County
Buyer's Agent Compensation3%

Virtual Tour

Building Information for 412 East Meeker Street

Stories1Residences4Year Built1931Building Size-Lot Size0.13 AC / 5,741 SF

Property Information for 412 East Meeker Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Fenced-Partially
  • Area: 330 - Kent
  • Elementary School: Scenic Hill Elem
  • Middle Or Junior School: Mill Creek Mid Sch
  • High School: Kent-Meridian High
  • Directions: Directions: From Smith, south on central, left on meeker st home on the right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: See Remarks
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2460
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Commercial,Residential
  • Possible Use: Commercial, Residential
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 7
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: 5741
  • Parcel Number Free Text: 9179600910
  • Calculated Square Footage: 1580
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1580.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • 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: $1,200
  • Total Expenses: 10999.42
  • Gross Adjusted Income: 17000
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $27,600
  • Insurance Expense: $982
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 2300
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1580.0
  • Leasable Area Units: Square Feet

Property History for 412 East Meeker Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 412 East Meeker Street

Taxable ValueLand$130,000Additions$399,000Total$529,000
Tax Record2022$6,177 ($515 / month)
Home Facts
Total Finished SqFt1,580 SqFtAbove Ground SqFt1,580 SqFtStories1Lot Size5,741 SqFtStyleMulti-Family Dwelling (2-4)Year Built1931Year Renovated1985ZoningDCECountyKINGAPN917960-0910

Schools near 412 East Meeker Street

This home is within Kent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Scenic Hill Elementary School
PublicPK to 6

Mill Creek Middle School
Public7 to 8

Kent-Meridian High School
Public9 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.

Similar Homes

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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 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.