20244 108th Avenue Se, Kent, Washington 98031

WA, Kent
$1,275,000
  • 1.06 Acre
  • Land Property Type
  • Pending Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Contact To Steven Meyer
Property Description

Earn a lavish cash flow with awesome long-term tenants while going through the development process. Property has historically been used as a non-conforming duplex, but with MR-M zoning, the possibility exists to convert existing home into a conforming multi-family dwelling or keep as-is. 20+ units can be built on the existing parcel; work with the owners of the corner lot and potentially cost share in some of the development. New state laws have passed likely making it more favorable for lucrative development options, City of Kent in process of incorporating these changes to their Comprehensive Plan to be finished in summer of 2025. No critical areas! Current NOI= $42,181

Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: NWM2285405
  • Price: $1,275,000
  • Lot Area: 1.06 Acre
  • Property Sub Type: Land
  • Office Name: Dove Realty, Inc.
  • Agent Name: Jason Sharp
  • Listing Status: Pending
Features
  • Sewer In Street,Available
  • Utilities Electricity Connected,Natural Gas Available,Septic Design Installed
Address Map
  • Country US
  • State WA
  • County King
  • City Kent
  • Zipcode 98031
  • Street: 108th
  • Street Number: 20244
  • Street Suffix: Avenue
  • Longitude: W123° 48' 13''
  • Latitude: N47° 25' 12.3''
  • Mls Area Major: 340 - Renton/Benson Hill
  • Street Dir Suffix: SE
Neighborhood
  • Elementary School: Glenridge Elem
  • High School: Kentridge High
  • High School District: Kent
  • Middle School: Meeker Jnr High
Additional Information
  • Lot Features: Curbs,Paved,Sidewalk,Secluded
  • On Market Date: 2024-07-27
  • Possible Use: Multi-Family
  • Water Source: See Remarks,On Property
Listing Information
  • Mls Status: Pending - Backup Offer Requested
  • Modification Timestamp: 2025-11-10T22:29:39Z
  • Originating System Name: NWMLSDEMO
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-07-16T16:52:15Z
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Last updated on 05/20/2026 6:03

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