418 W Meeker Street

Kent, WA 98032

  • Bed

  • Bath

  • 8376 SqFt

  • 47 DOM

  • Built: 1958

  • Status: Active

$1,725,000

X

418 W Meeker Street

Kent 98032

$1725000

  • Bed

  • Bath

  • 8376 SqFt

  • 47 DOM

  • Built: 1958

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Fully occupied 7.39% cap rate + Value-add in downtown Kent location - Mixed-use building with 3 retail units and 5 apartments boasts strong in-place rents and ability to renovate remaining two apartment units. Renovated in 2021 including retail spaces. Aladin Bail Bonds anchors ground floor retail with 7 years remaining on lease and yearly 4% increases. Potential for owner-user in need of office or retail space. Apartment units are bright, spacious, and historically easy to rent. Coin-op laundry and 10 parking spaces in dedicated lot. Building includes renovated non-conforming studio (350SqFt) for additional upside.

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Residence Information

  • 8376

  • Flat

  • 55 - 5-9 Units

  • 1958

  • Slab

  • Coin Op Laundry

Features and Utilities

  • Cement/Concrete

  • Sewer Connected

  • 0

Financial

  • 12879

  • Cash Out, Conventional, FHA, VA Loan

  • 08-07-2025

Comparable Information

  • 47

  • 47

  • Cash Out, Conventional, FHA, VA Loan

  • $1,725,000

  • $1,725,000

  • Aug 07, 2025 20:46

Schools

Map

Listing courtesy of The Foundation Group LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 23, 2025 06:08 | Listing last modified Aug 07, 2025 20:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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