Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is “L-Shaped” with a courtyard which provides a sense of community for the tenants.
Sold
Listed by:
Ben Douglas,
Paragon Real Estate Advisors,
Michael Urquhart,
Paragon Real Estate Advisors
$1,600,000
9045 Canyon Drive, Kent, WA 98030
14beds
9baths
6,271sqft
Multi Family
Built in 1957
-- sqft lot
$1,564,100 Zestimate®
$255/sqft
$1,442 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 14, 2024 at 08:25am
Listed by:
Ben Douglas,
Paragon Real Estate Advisors,
Michael Urquhart,
Paragon Real Estate Advisors
Bought with:
Michael Fladseth, 125802
Skyline Properties, Inc.
Source: NWMLS,MLS#: 2217557

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 6,271
- Total interior livable area: 6,271 sqft
Property
Parking
- Total spaces: 16
- Parking features: Open
- Carport spaces: 9
- Uncovered spaces: 7
Lot
- Size: 0.54 Acres
Details
- Parcel number: 1922059055
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Year built: 1957
- Major remodel year: 1988
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Kent
- Subdivision: Scenic Hill
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 398 days
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,564,100
2% more+ $31,282
With Zillow Showcase(estimated)
$1,595,382