$680,000
Est. $3,413/mo3 bd•2.5 ba•1,920 sq ft
3706 S 255th Place, Kent, WA 98032
• Listed 2026-07-07•New today
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Based on information submitted to the MLS GRID as of July 8, 2026 at 05:03am (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.
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Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!
Listed by Maggie Sun • Keller Williams Rlty Bellevue
Listing updated: July 8, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2550031
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
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Open Sun, Jul 12 +1$672,000
-$8,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $500K and $800K.
Rental earnings
$2,025/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$690,000Last sold price
3909 S 255th Place, Kent, WA 98032
$500,000Last sold price
3232 S 256th Street, Kent, WA 98032
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.
3706 S 255th Place, Kent, WA 98032
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,092 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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Federal Way 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.
Kent 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: Days-on-market data not available for this area.
$950,000 Sold
7 weeks ago
4 bd•2.5 ba•~3,900 sq ft•Single Family
26525 Lake Fenwick Road S, Kent, WA 98032
5%
Under list
—
Days on market
0.9 mi
Distance
$847,195 Sold
2 months ago
5 bd•1.5 ba•~2,603 sq ft•Single Family
26911 30th Place S #10, Kent, WA 98032
0%
Over list
—
Days on market
1.0 mi
Distance
$550,000 Sold
2 months ago
3 bd•1 ba•~1,060 sq ft•Single Family
3316 S 248th Place, Kent, WA 98032
0%
Over list
—
Days on market
0.5 mi
Distance
$707,500 Sold
2 months ago
3 bd•1 ba•~1,770 sq ft•Single Family
25650 44th Avenue S, Kent, WA 98032
1%
Over list
—
Days on market
0.3 mi
Distance
$535,000 Sold
3 months ago
3 bd•1 ba•~1,190 sq ft•Single Family
24532 35th Place S, Kent, WA 98032
0%
Over list
—
Days on market
0.6 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 Jul 2026
