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$900,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago

Listed by Martin J. Ho | Berkshire Hathaway HS NW | (425) 453-9100 and Jennifer Wen | Berkshire Hathaway HS NW | (425) 453-9100

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Live or Invest in Downtown Kent - Updated 4-plex. Discover a rare opportunity to own a historic Victorian 4-plex in downtown Kent, just blocks from Kent Station's restaurants, shops, transit, and commuter access. With highly flexible Downtown Commercial Enterprise (DCE) zoning, the property offers outstanding potential for expansion or redevelopment. Recent updates include a new sewer line, fresh exterior paint, and a new roof with gutters. Each unit offers 1 bed/1 bath with gas heat and stove, plus separately metered utilities for tenant-paid efficiency. 3 units are recently remodeled, and one unit is ready for new possibilities-perfect for an owner-occupant or an investor seeking immediate value-add potential.

Full Property Details for 323 1st Ave S

General

  • Price: $900,000
  • Taxes: $6,700 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2431992
  • Updated: 9/16/2025
  • Added to Site: 124 day(s) ago

Interior

  • Flooring: Hardwood, Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Deck, Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 2

Location

  • Area: 330 - Kent
  • County: King
  • Subdivision: Downtown Kent
  • Driving Directions: GPS is accurate

School Information

  • High School District: Kent
  • Elementary School: Kent Elem
  • Middle School: Mill Creek Mid Sch
  • High School: Kent-Meridian High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Heat Pump

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,209
  • Year Built: 1901

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.1763
  • Lot Size (Sq. Ft.): 7,680
  • Lot Size Source: King County Records
  • Lot Dimensions: 7, 680 sf
  • Lot Features: Secluded
  • Zoning: Commercial, Multi-Family

Financial Considerations

  • Tax Amount: $6,700
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 9825700050

Listed by Martin J. Ho | Berkshire Hathaway HS NW | (425) 453-9100 and Jennifer Wen | Berkshire Hathaway HS NW | (425) 453-9100

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Schools serving 323 1st Ave S

School District:Kent School District
NameGradesDistance
Kent Elementary School
24700 64th Avenue South, Kent, WA 98032
K-50.9 mi
Mill Creek Middle School
620 Central Avenue North, Kent, WA 98032
6-80.5 mi
Kent-Meridian High School
10020 Southeast 256th Street, Kent, WA 98030
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 323 1st Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2025
Listed
$900,000
28.59%
MLS
10/14/2024
Sold
$699,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 323 1st Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,643
—
$653,000
9%
2024
$7,643
10%
$597,000
—
2022
$6,932
4%
$597,000
10%
2021
$6,659
—
$545,000
13%
2021
$6,659
33%
$483,200
39%
2020
$5,017
12%
$347,000
10%
2019
$4,474
-4%
$315,000
5%
2018
$4,657
6%
$301,000
2%
2017
$4,377
7%
$294,000
12%
2016
$4,106
26%
$263,000
15%
2015
$3,268
-13%
$228,000
-8%
2014
$3,739
—
$248,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Martin J. Ho | Berkshire Hathaway HS NW | (425) 453-9100 and Jennifer Wen | Berkshire Hathaway HS NW | (425) 453-9100

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323 1st Avenue S, Kent, WA 98032 (MLS# 2431992) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 323 1st Avenue S is currently listed for $900,000 and was received on September 15, 2025. Want to learn more about 323 1st Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Kent? You can browse all Kent real estate or contact a Coldwell Banker agent to request more information.

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