2 months on rocket

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

$1,850,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,376 SqFt
$221/SqFt
House

Location

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412-418 W Meeker St, Kent$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1958
HeatingHot Water
CoolingNone
MLS #2289239
Lot Size0.19 Acres
StatusActive

About 412-418 W Meeker St

Centrally located in the heart of Downtown Kent--this presents a compelling opportunity to acquire a highly visible mixed-use property, with 75% of its units having undergone renovation since 2021. The prospective owner not only inherits the stability of existing retail tenants but also possesses the value-add potential to renovate the remaining apartment units and bring all the rents to market. The Melbourne Building boasts a versatile design, featuring three leased retail spaces on the ground floor and five apartment units on the top floor. All three retail units have been leased and undergone comprehensive interior renovations within the past two years.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 2
  • Living Area: 8,376 SqFt

Listing Office:

  • Office Name: Paragon Real Estate Advisors
  • Office Phone: (206) 623-8880
  • Listing Agent: Ben Douglas

Exterior Features

Exterior Information:

  • Exterior: Brick

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: From downtown Seattle, take I-5 S and WA-167 S to Willis St in Kent. Take the WA-516/Willis St exit from WA-167 S. Continue on Willis St. Take 4th Ave S to W Meeker St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $221/SqFt
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Housing Market Comparison

See how this home compares to others in Kent, WA.

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Kent, WA

City

Med. Sold Price

$650.1K

Med. Price/SqFt

$344

Avg. Days On Market

35

# of Sold Homes

121

412-418 W Meeker St vs Kent

66 DAYS ON ROCKET

+31 Days

$1,850,000

+$1.1M More

$221/SqFt

-$123 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $123/SqFt less than other homes in Kent, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2289239

Listing Office:

  • Office Name: Paragon Real Estate Advisors
  • Office Phone: (206) 623-8880
  • Listing Agent: Ben Douglas

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-421128
4
/10

  • Kent Elementary School

  • 24700 64th Ave S

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-421129
3
/10

  • Sunnycrest Elementary School

  • 24629 42nd Ave S

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-421130
3
/10

  • Neely O'Brien Elementary School

  • 6300 S 236th St

  • 0.91 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,224. Most Kent, WA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 412-418 W Meeker St

What is the listing price of this property?

The listing price of 412-418 W Meeker St property is $1,850,000.

What type of property is this?

The property 412-418 W Meeker St is a house located in Kent, Washington, 98032.

Is this property for sale now?

Active Listing: 412-418 W Meeker St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 412-418 W Meeker St is 8,376 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 412-418 W Meeker St is 1958.

Rocket Homes›Washington›King County›Kent›98032›412-418 W Meeker St

This home is located at 412-418 W Meeker St in Kent, WA and zip code 98032. This 8,376 square foot home, which was built in 1958, sits on a 0.19 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $1,850,000.

While more than 42 listings in Kent, WA in October 2024 were sold above asking price, there were more than 38 listings sold at asking price, and more than 41 were sold below. The number of listings in Kent, WA increased by 6.4% between September 2024 and October 2024. In October 2024 median list price was $650,108 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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