Kent, WA 98031 20244 108th Avenue SE
$1,275,000
Pending
5 more
Presented By: Dove Realty, Inc. and NWMLS
- MLS# 2285405
- 07/27/2024
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
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= $42,181
Presented By: Dove Realty, Inc. and NWMLS
Interior Features for 20244 108th Avenue SE
Bedrooms
Bedrooms Possible5
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces
General for 20244 108th Avenue SE
Building Area UnitsSquare Feet
Carport Y/NNo
CityKent
CountyKing
DirectionsGPS works
Elementary SchoolGlenridge Elem
Gas StatusOn Property
HOANo
HOA Fee$
High SchoolKentridge High
High School DistrictKent
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet46310
Lot Size UnitsSquare Feet
MLS Area340 – Renton/Benson Hill
Middle/Junior High SchoolMeeker Jnr High
ModificationTimestamp2025-07-16T16:54:10.891Z
NWM_ShowMapLinkY
PossessionClosing, Subject to Tenant Rights
Possible UseMulti-Family
Property Style42 – Multi-Family
Property SubtypeLand
Property TypeLand
Public RemarksEarn 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 possibili
Senior Community Y/NNo
SewerAvailable, In Street
Special Listing ConditionsNone
Standard StatusPending
StatusPending – Backup Offer Requested
Structure TypeMulti Family
Subdivision NamePanther Lake
Tax Annual Amount6339
Tax Year2024
TopographyLevel
UtilitiesElectricity Connected, Natural Gas Available, Septic Design Installed
Zoning DescriptionMulti-Family
Exterior for 20244 108th Avenue SE
Building Area Total
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Secluded, Sidewalk
Lot Size Acres1.0631
Road ResponsibilitySee Remarks
Road Surface TypeSee Remarks
Water SourceOn Property, See Remarks
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Meeker Jnr High
High School
Kentridge High
Elementary School
Glenridge Elem
Josh QA1
REALTOR ® SRES ®