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$680,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Car Garage
  • Updated 17 hours ago

Listed by Maggie Sun | Keller Williams Rlty Bellevue | (425) 454-0911 and Meshen Wu | Keller Williams Rlty Bellevue | (425) 454-0911

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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!

Full Property Details for 3706 S 255th Pl

General

  • Price: $680,000
  • Taxes: $6,108 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2550198
  • Updated: 7/7/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet

Additional Information

  • Amenities: Deck, Fenced-Fully, Gas Available
  • Security/Safety: Fully Fenced

Parking

  • Garage Spaces: 2
  • Covered Spaces: 2
  • Uncovered Spaces: 3

Location

  • Area: 120 - Des Moines/Redondo
  • County: King
  • Subdivision: West Hill
  • Building Name: Parkside 02
  • Driving Directions: I-5 S, take exit 149 for WA516 toward Kent-Des Moines, right onto Military Rd S, left onto S 250th St, right at the 1st cross street onto 38th Ave S, right on S 255th Pl, property on right hand side.

School Information

  • High School District: Federal Way
  • Elementary School: Sunnycrest Elem
  • Middle School: Evergreen Middle
  • High School: Thomas Jefferson Hig

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • Stories in Building: 3
  • Square Feet: 1,920
  • Year Built: 1978
  • Property Condition: Fair

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.0126
  • Lot Size (Sq. Ft.): 550
  • Lot Size Source: KCR
  • Lot Features: Paved, Sidewalk

Financial Considerations

  • Tax Amount: $6,108.66
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 6669020390
  • Lot Number: 39

Listed by Maggie Sun | Keller Williams Rlty Bellevue | (425) 454-0911 and Meshen Wu | Keller Williams Rlty Bellevue | (425) 454-0911

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Schools serving 3706 S 255th Pl

School District:Federal Way School District
NameGradesDistance
Sunnycrest Elementary School, Kent, WA
24629 42nd Avenue South, Kent, WA 98032
K-50.6 mi
Evergreen Middle School, Kent, WA
26630 40th Avenue South, Kent, WA 98032
6-80.8 mi
Thomas Jefferson High School
4248 South 288th Street, Auburn, WA 98001
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3706 S 255th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$680,000
83.29%
MLS
3/05/2019
Sold
$371,000
—
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 3706 S 255th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,109
6%
$605,000
4%
2024
$5,738
2%
$580,000
-2%
2024
$5,653
-2%
$593,000
—
2022
$5,778
19%
$593,000
25%
2021
$4,846
—
$474,000
17%
2021
$4,846
4%
$406,000
4%
2020
$4,667
8%
$390,000
4%
2019
$4,330
-11%
$376,000
11%
2018
$4,869
16%
$338,000
14%
2017
$4,184
14%
$296,000
19%
2016
$3,681
6%
$248,000
6%
2015
$3,471
7%
$235,000
19%
2014
$3,233
—
$198,000
—
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 Maggie Sun | Keller Williams Rlty Bellevue | (425) 454-0911 and Meshen Wu | Keller Williams Rlty Bellevue | (425) 454-0911

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3706 S 255th Place, Kent, WA 98032 (MLS# 2550198) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 3706 S 255th Place is currently listed for $680,000 and was received on July 07, 2026. Want to learn more about 3706 S 255th Place? Do you have questions about finding other Multi-Family real estate for sale in Downtown Kent? You can browse all Downtown Kent real estate or contact a Coldwell Banker agent to request more information.

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