Back

1 of 17

2 of 17

3 of 17

4 of 17

5 of 17

6 of 17

7 of 17

8 of 17

9 of 17

10 of 17

11 of 17

12 of 17

13 of 17

14 of 17

15 of 17

16 of 17

17 of 17

412-418 W Meeker St
Kent, WA 98032 Downtown Kent

$1,725,000 USD

Apartments For Sale • 8,376 SF

Property Details

Property Type Apartments
Total Building Size 8,376 SF
Lot Size 0.19 AC
Building Class C
Year Built 1958
Cap Rate 7.39 %
Zoning DCE

53 Transit Score

90 Walk Score

                
                    Highlights
                
                                Current 7.39% cap rate with upside
                            
                                100% occupied
                            
                                Central Kent location close to transit

Property Flyers

Melbourne Building Flyer August 2025

Financial Summary (Actual)

Net Operating Income: $125,301 USD (2025)

Cap Rate:	7.39 %
Total Expenses:	$47,543 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Ahmadi		1/31/2027
Aladdin Bail Bonds
Seattle Impact
Sharpcuts

Public Transportation

Commuter Rail	Drive	Walk	Distance
Kent Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	2 min	10 min	0.4 mi
	2 min	8 min	0.4 mi
Transit/Subway	Drive	Walk	Distance
Kent Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	2 min	10 min	0.4 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	19 min	-	8.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Aaron Locke 206-774-5436 The Foundation Group

412-418 W Meeker St Kent, WA 98032 Downtown Kent