Kent, WA 98032 619 1st Avenue S
$2,695,000
6 more
Presented By: Lee & Associates Commercial RE and NWMLS
- MLS# 2400883
- 06/30/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 11,000
Home Details
First Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent, WA. Built in 1966, the property offers large, two-bedroom, one-and-a-half bath units averaging 1,000 SF with walk-up entries, generous living areas, private patios, and skylit bathrooms. Each unit includes washer/dryer hookups and functional two-level layouts with ample storage. Recent capital improvements include a new roof (2019), upgraded windows (2018), and copper supply lines. Off-street parking for 18 vehicles offers additional income potential. With clean interiors, durable systems, and the opportunity for light cosmetic upgrades, the property provides stable in-place cash flow with meaningful value-add upside.
Presented By: Lee & Associates Commercial RE and NWMLS
Interior Features for 619 1st Avenue S
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, See Remarks
Heating Y/NYes
Interior AmenitiesCeramic Tile, Laminate
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 619 1st Avenue S
AmenitiesSee Remarks, Thermal Windows
Building Area UnitsSquare Feet
Cap Rate6.42
Carport Spaces
Carport Y/NNo
CityKent
CoolingNone
CountyKing
DirectionsSouth on 1st Ave mid block on the right.
Electric Expense
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictKent
Insurance Expense8800
Leasable Area11000
Listing TermsAssumable, Cash Out
Living Area UnitsSquare Feet
Lot Size Square Feet15453
Lot Size UnitsSquare Feet
MLS Area330 – Kent
ModificationTimestamp2025-07-03T18:47:11.109Z
NWM_ShowMapLinkY
Net Operating Income172915
New ConstructionNo
Number Of Units Total11
Open Parking Spaces0
PossessionClosing, Subject to Tenant Rights
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFirst Avenue Townhomes is a well-maintained 11-unit townhome-style community located in Kent, WA. Built in 1966, the property offers large, two-bedroom, one-and-a-half bath units averaging 1, 000 SF with
RoofSee Remarks
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameKent
Tax Annual Amount27464
Tax Year2025
Units Below Gradefalse
Units In Building Total11
Virtual TourClick here
Water Sewer Garbage24777
Year Built1966
Exterior for 619 1st Avenue S
Building Area Total11000
Covered Spaces
Exterior AmenitiesSee Remarks
Foundation DetailsSee Remarks, Slab
Irrigation Water Rights Y/NNo
Lot Size Acres0.3548
Parking Uncovered Spaces0
Total Parking15
Waterfront Y/NNo
Additional Details
Price History
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