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Listed By:
Kyle Wells - Windermere Real Estate JS
Agent Phone:
(360) 631-2996
Agent Email:
kylewells@windermere.com

1609 Maple Ln #C 1 C 8, Kent, WA 98030

$1,500,000

7,440
sqft
1979
year built

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.

Highlights

  • Residential Income
  • Multi Family
  • Built in 1979
  • 2.789 Acre Lot
  • $3,386/mo HOA
  • 104 days on Market

  • Year Built
    1979
  • Stories
    2.0
  • Flooring
    Laminate
  • Patio And Porch
    Patio, Deck
  • Cooling
    Window Unit(s)
  • Heating
    Wall Furnace, Electric, Wood

  • Acres
    2.789
  • Lot Features
    Paved
  • View
    Territorial
  • Utilities
    Sewer Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1609 Maple Ln #C 1 C 8?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1609 Maple Ln #C 1 C 8.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1609 Maple Ln #C 1 C 8?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,500,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Kent, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1609 Maple Ln #C 1 C 8?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1609 Maple Ln #C 1 C 8 at around $10,195. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1609 Maple Ln #C 1 C 8?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in King County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1609 Maple Ln #C 1 C 8?

In most cases, yes. Whether 1609 Maple Ln #C 1 C 8 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Kent's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1609 Maple Ln #C 1 C 8?

We can handle that for you. Our preferred local agent specializes in residential incomes in Kent and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,500,000 with 7,440 sqft of space—that comes out to approximately $202 per square foot.

How long has this property been on the market?

1609 Maple Ln #C 1 C 8 was listed on July 30, 2026, which means it's been on the market for 104 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1979, making it approximately 47 years old.

What is the lot size of this property?

1609 Maple Ln #C 1 C 8 sits on a 2.79-acre lot, which is 121,532 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Buyer To Verify
  • Middle: Buyer To Verify
  • High: Buyer To Verify

Want to see how these schools compare? Check out our King County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1609 Maple Ln #C 1 C 8?

The most recent public record shows annual property taxes for 1609 Maple Ln #C 1 C 8 were approximately $19,912. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $3,386 paid monthly.

Is 1609 Maple Ln #C 1 C 8 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 11, 2026 at 12:15AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.