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31112895
31112894

2 Locations

Kidder Mathews Tacoma
TS
WA 24761
Kidder Mathews Tacoma
Listed by Kidder Mathews Tacoma
$1,900,000
79 days on market
Updated 79 days ago

Timber Heights 4-plexes

Details
APN 677790-0070; 677790 – 0060
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,700
Units 8
Cap Rate 6.32%
NOI $113,114
Year Built 1963/ 1990
Acreage 0.340
Parking Spaces 24 spaces
Parking Per SqFt 1.63

Multifamily | 8 Units | $237,500/unit

Marketing description

Kidder Mathews is pleased to present the Timber Heights 4-plexes for sale. Two well-maintained 4-plex properties located in Kent, Washington, providing investors the opportunity to acquire a small multifamily portfolio or purchase each asset individually. The properties may be sold together or to separate buyers, offering flexibility to both owner-operators and passive investors.

Both 4-plexes have benefited from recent capital improvements, including updated property systems and new roofs, reducing near-term maintenance risk and supporting long-term operational stability. The buildings feature modernized interior finishes, creating strong tenant appeal and supporting stable occupancy in a high-demand rental market.

The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. Located in Kent, WA, the assets benefit from proximity to major employment centers, transportation corridors, and retail amenities throughout the South Sound region. This offering presents an excellent opportunity to acquire stabilized multifamily assets in a supply-constrained market.

Listing Contacts

Kidder Mathews Tacoma
TS
WA 24761
Kidder Mathews Tacoma
Listed by Kidder Mathews Tacoma

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$113,114.00
$9,426.17/mo

Valuation Metrics

0
DSCR
5.95%
Cap Rate
5.95%
ROI

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