20244 108th Avenue SE Kent, WA $ 1,275,000
20244 108th Avenue SE
$ 1,275,000
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20244 108th Avenue SE

Kent, WA, 98031
$ 1,275,000
Baths0.0

Monthly Estimate*

$ 7,954

Listed by Dove Realty, Inc.
20244 108th Avenue SE, Kent, WA 98031 - Image 1
20244 108th Avenue SE, Kent, WA 98031 - Image 2
20244 108th Avenue SE, Kent, WA 98031 - Image 3
20244 108th Avenue SE, Kent, WA 98031 - Image 4
20244 108th Avenue SE, Kent, WA 98031 - Image 5
20244 108th Avenue SE, Kent, WA 98031 - Image 6
20244 108th Avenue SE, Kent, WA 98031 - Image 7
20244 108th Avenue SE, Kent, WA 98031 - Image 8
20244 108th Avenue SE, Kent, WA 98031 - Image 9
20244 108th Avenue SE, Kent, WA 98031 - Image 10
Studio

Lots and Land for sale in Kent, WA

for $1,275,000. The lot size is 1.0631.

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

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Lots and Land Pending

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,339

Style

Multi-Family

Lot Size

1.0631

Town/City

Kent

County/Region

King

MLS | Web ID

2285405

Features
General
Living Area 0
Sewer Available In Street
Utilities Electricity Connected Natural Gas Available Septic Design Installed
Possession Closing Subject to Tenant Rights
HOA Fee 0
Topography Level
Property Subtype Land
Tax Year 2024
County King
Property Type Land
HOA N
Subdivision Name Panther Lake
Possible Use Multi-Family
Special Listing Conditions None
Status Pending - Backup Offer Requested
Directions GPS works
High School Kentridge High
City Kent
Senior Community Y/N N
High School District Kent
Zoning Description Multi-Family
MLS Area 340 - Renton/Benson Hill
Lot Size Units Square Feet
Lot Size Square Feet 46310
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Glenridge Elem
Tax Annual Amount 6339
Middle/Junior High School Meeker Jnr High
Public Remarks 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 possibili
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Gas Status On Property
Property Style 42 - Multi-Family
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Bedrooms Possible 5
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Curbs Paved Secluded Sidewalk
Water Source On Property See Remarks
Building Area Total 0
Lot Size Acres 1.0631
Road Surface Type See Remarks
Waterfront Y/N N
Road Responsibility See Remarks
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2285405
Street Number 1 20244
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* Excluded Features
List By
Jason Sharp

Listing Agent

Dove Realty, Inc.

Broker

Affordability Calculator

$8,483
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,954
Monthly Property Taxes
$528
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4208304 Elementary School
256591 Middle School
Kentridge High High School
Pricing History
DatePricePrice ChangeDescription
8/31/2024$1,275,000 Listed Price

Map


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20244 108th Avenue SE, Kent, WA, 98031 is a Lots and Land for sale at $1,275,000 with a lot size of 1.0631. 20244 108th Avenue SE is a studio with 0.0 baths. The property's zip code is 98031 which is in Kent, WA