11422 SE 256th Place, Kent, WA 98030

$650,000
2,250
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing Broker: Windermere Bellevue Commons; Kari Haas; 206-719-2224; Kari@windermere.com

List Price
$650,000
Status
ACTIVE
MLS#
2588474
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,250
Area Total SqFt
2250
Annual Tax Ammount
7465
Lot Size (sq ft)
12,295
Sewer
Sewer Connected

Property Description

Superb investment or house-hacker opportunity! This well-located and well kept duplex features two townhome-style units, each with two spacious bedrooms, two+ baths, and fully fenced backyard. The unoccupied unit features a newly updated kitchen with gas cooking, new quality cabinets, new appliances, and a generous living and dining space with new LED lighting and new vinyl plank flooring. Two upper level primary bedrooms in each unit! Spacious king-sized primary features a walk-in closet and connected private ensuite jack and jill bathroom. Each unit includes W/D hookup plus a single-car garage with plenty of additional driveway and street parking. Meticulously kept, this great duplex is on a coveted cul de sac and boasts a newer roof plus large private yards for each unit great for entertaining, gardening, pets and playtime. Live in one and rent the other, or rent both for additional income potential! Excellently located close to I-5 with quick access to I-405, delicious restaurants, fun shops, great services, and multiple transportation options. A wonderful place to call home or a smart addition to your investment portfolio. Love where you live, Love where you invest!

Additional Information

List Date
2026-10-09 00:13:12
Community
Kent
Net Operating Income
$38,347
Gross Adjusted Income
$48,600
Gross Scheduled Income
$48,600
Total Monthly Income
$4,050
Insurance Expenses
$2,322
Water/Sewer/Garbage Expenses
$466
Gross Rent Multiplier
13.37
Total Expenses
$10,253
Cap Rate
5.11
Total Number of Units
2
Unit Name
11422
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1983
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Fully, Gas Available
Energy Source
Electric, Natural Gas
School District
Kent
Elementary School
Millennium Elem
Middle School
Meridian Jnr High
High School
Kent-Meridian High
Total Monthly Income
$4,050
Gross Scheduled Income
$48,600
Gross Adjusted Income
$48,600
Tax Year
2026
Insurance Expense
$2,322
W/S/G Expenses
$466
Total Expenses
$10,253
Net Operating Income
$38,347
Gross Rent Multiplier
13.37
Cap Rate
5.11
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks