$580,000
Listed at $649,0004 bd•2.5 ba•1,999 sq ft
26853 172nd Place Se, Covington, WA 98042
• Listed 2025-08-19
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INTEREST RATE BUYDOWN offered by seller! Fully updated home that functions as three separate units currently generating $4,300/mo rental income. New interior & exterior paint, new flooring, new kitchens, new bathrooms, energy efficient mini splits for multi-zone heating/AC, plus a detached 850sqft shop/2 car garage with an upstairs 450sqft loft. Connected to sewer. Great investment opportunity in a prime location. One block away from DT, where you can find grocery stores, restaurants, shops, transit routes and much more! Zoned MC, providing lots of future development potential. Perfect for investors seeking consistent income or anyone desiring multi-generational living. Live in one side and offset mortgage payment with the other!
Listed by Colin Foote • COMPASS
Listing updated: December 13, 2025 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2422037
Neighborhood mobility
Kent School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Covington is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$759,950 Sold
2 months ago
5 bd•3.25 ba•~2,634 sq ft•Single Family
18525 Se 271st Court, Covington, WA 98042
0%
Over list
—
Days on market
0.8 mi
Distance
$1,108,995 Sold
3 months ago
4 bd•2.5 ba•~3,948 sq ft•Single Family
25614 169th Place Se, Covington, WA 98042
0%
Over list
—
Days on market
0.8 mi
Distance
$699,950 Sold
4 months ago
4 bd•3 ba•~2,220 sq ft•Single Family
18515 Se 271st Court, Covington, WA 98042
0%
Over list
—
Days on market
0.8 mi
Distance
$755,000 Sold
4 months ago
4 bd•2.25 ba•~2,270 sq ft•Single Family
26115 177th Avenue Se, Covington, WA 98042
1%
Over list
—
Days on market
0.6 mi
Distance
$859,950 Sold
5 months ago
5 bd•2.5 ba•~2,820 sq ft•Single Family
26427 161st Place Se, Covington, WA 98042
0%
Over list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of December 13, 2025 at 04:04am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (6)
See more →
Open Mon, Sep 21 +4
Open Mon, Sep 21 +4
Open Mon, Sep 21 +4
Open Wed, Sep 23 +2
Open Thu, Sep 24 +1
Open Sun, Sep 27$670,000
+$90,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $640K and $779K.
Rental earnings
$2,000/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$779,481Last sold price
17602 Se 265th Street #23, Covington, WA 98042
$640,000Last sold price
17007 Se Wax Road, Covington, WA 98042
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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