Green River Homes with 55 - 5-9 Units Style

Green River Homes with 55 - 5-9 Units Style

Welcome to Green River, a picturesque neighborhood nestled in the heart of Kent, Washington. Known for its lush landscapes and vibrant community spirit, Green River offers residents a serene escape while still being conveniently located near the bustling city life of Seattle and Tacoma.

This charming neighborhood is characterized by its stunning views of the Green River and the surrounding natural beauty. With an abundance of parks and recreational opportunities, residents can enjoy leisurely walks, biking trails, and picnic spots that make the most of the area’s scenic landscape. The Green River itself provides a perfect backdrop for outdoor enthusiasts, inviting fishing, kayaking, and peaceful riverside strolls.

Green River is also home to a variety of homes, particularly those in the desirable 55 to 59 unit style. These residences boast spacious layouts and modern amenities, making them ideal for families, young professionals, or anyone seeking a comfortable lifestyle. The neighborhood's architecture reflects a harmonious blend of contemporary designs and traditional elements, ensuring that each home feels unique and inviting.

Community is at the heart of Green River, with friendly neighbors and local events that foster a sense of belonging. Schools in the area are well-rated, providing excellent educational opportunities for families. Additionally, with convenient access to shopping centers, dining options, and major highways, residents can enjoy both the tranquility of suburban living and the excitement of urban amenities.

Whether you’re looking to buy or rent, Green River offers a welcoming atmosphere that feels like home. Discover the charm of this King County gem and let the Green River neighborhood be your next place to call home!

Newest Green River Homes with 55 - 5-9 Units Style

$1,500,000
2559752 MLS ACTIVE Status
Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

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