20244 108th Avenue Se, Kent, Washington 98031

WA, Kent
$1,275,000
  • 8 Beds
  • 3 Bath
  • 1.06 Acre
  • Residential Property Type
  • 1955 Year Built
  • Pending Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
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: Residential
  • Listing Type: For Sale
  • Listing ID: NWM2285401
  • Price: $1,275,000
  • Year Built: 1955
  • Lot Area: 1.06 Acre
  • Full Bathrooms: 3
  • Property Sub Type: Single Family Residence
  • Roof: Composition
  • Office Name: Dove Realty, Inc.
  • Agent Name: Jason Sharp
  • Listing Status: Pending
Features
  • Heating System Forced Air
  • Cooling System None
  • Parking Off Street
  • Exterior Features Wood
  • Flooring Carpet,Vinyl,Vinyl Plank,Hardwood
  • Interior Features Second Kitchen
  • Sewer Septic Tank,Available
Appliances
  • See Remarks
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
  • Building Size: 2380
  • Foundation Details: Poured Concrete
  • Levels: One
  • Lot Features: Curbs,Secluded,Value In Land
  • On Market Date: 2024-07-27
  • Water Source: Public,See Remarks
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: 2025-07-16T16:51:21Z
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