$585,000
Est. $3,240/mo1,300 sq ft
4804 - 4806 S 252nd Place, Kent, WA 98032
• Listed Sep 18, 2026•30 days active · 30 cumulative
Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com
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Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com
About this home
Excellent investment opportunity in Kent's desirable Lake Fenwick area! This 1962-built duplex sits on a .165-acre lot and currently generates $3,300/month in combined rental income from long-term leases. Unit 4804 offers 1 bedroom/1 bath, leased at $1,600/month through 10/31/2027. Unit 4806 offers 2 bedrooms/1 bath, leased at $1,700/month through 11/30/2027 — giving a new owner immediate, stable cash flow with both leases secured well into 2027. Featuring wood exterior siding, a composition roof, and a poured concrete foundation, the property has been thoughtfully updated with newer cabinetry, stainless steel appliances, tile backsplash, in-unit washer/dryer, and updated bathroom finishes with a tiled walk-in shower. Enjoy hardwood-look flooring throughout, baseboard heating, and a peaceful territorial view from the patio. Public water and sewer connection add convenience, and paved street access makes for easy showings. Currently tenant-occupied — please allow appointment notice and renter-call-first protocol for all showings. Located minutes from I-5, SR-509, and WA-516, with quick access to Kent's shopping, dining, and commuter routes. Don't miss this cash-flowing opportunity in a strong rental market!
Listed by Jim Clifford • Washington Realty Group
Listing updated: September 18, 2026 at 10:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2583032
Around this home
How much should you offer?
4804 - 4806 S 252nd Place, Kent, WA 98032
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- Duplex
Flooring
- Vinyl
- Vinyl Plank
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerKent School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 2
- Units below grade
- false
- Building square feet
- 1,300 sq ft
Income & expenses
- Gross scheduled income
- $39,600
- Total monthly income
- $3,300
- Gross adjusted income
- $38,808
- Net operating income
- $22,602
- Cap rate
- 3.86%
- Gross rent multiplier
- 14.77
- Vacancy rate
- 2%
- Total expenses
- $16,206
- Insurance
- $2,000
- Fuel
- $876
- Other expenses
- $3,978
- Water / sewer / garbage paid by
- 4807
Taxes & assessment
- Annual taxes
- $4,545
- Tax year
- 2026
- Financing
- Cash, Conventional, FHA, VA Loan
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 4804 - 4806 S 252nd Place
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 18, 2026ListedNWMLS via MLS Grid · #2583032$585,000$450/sq ft
- Nov 10, 2016SoldNWMLS via MLS Grid · #1024977$248,000$191/sq ft
- Sep 13, 2016PendingNWMLS via MLS Grid · #1024977$259,999$200/sq ft
- Sep 13, 2016ListedNWMLS via MLS Grid · #1024977$259,999$200/sq ft
- Mar 17, 2010Recorded saleKing County recorder · Statutory warranty deed$210,000$162/sq ft
- Aug 30, 1984Recorded saleKing County recorder · Warranty deed$55,000$42/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$3,765 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com
Market pulse
Kent is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 62 days.
Recent sales nearby
Within 1 mile · last 6 months$710,000 Sold
1 day ago
6 bd•2.25 ba•~2,184 sq ft•Single Family
4228 S 250th Street, Kent, WA 98032
2%
Under list
394
Days on market
0.3 mi
Distance
$875,000 Sold
2 days ago
4 bd•3.25 ba•~3,440 sq ft•Single Family
23850 43rd Avenue S, Kent, WA 98032
3%
Under list
196
Days on market
0.9 mi
Distance
$625,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,980 sq ft•Single Family
26621 Bristol Court, Kent, WA 98032
0%
Over list
29
Days on market
0.9 mi
Distance
$590,000 Sold
4 weeks ago
4 bd•1.75 ba•~1,750 sq ft•Single Family
4411 S 263rd Street, Kent, WA 98032
8%
Under list
49
Days on market
0.8 mi
Distance
$550,000 Sold
4 weeks ago
4 bd•1.75 ba•~2,000 sq ft•Single Family
25110 35th Avenue S, Kent, WA 98032
0%
Over list
98
Days on market
0.7 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 2:45 AM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.
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