108 Kensington Avenue SW Kent, WA $ 2,125,000
108 Kensington Avenue SW
$ 2,125,000
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108 Kensington Avenue SW

Kent, WA, 98030
$ 2,125,000
Baths0.0 Sq 8,628

Monthly Estimate*

$ 13,084

Listed by Paragon Real Estate Advisors
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Studio

Multi-Family Home for sale in Kent, WA

for $2,125,000. This 8,628 square foot home was built in 1986 on a lot size of 0.62.

108 Kensington S offers investors stable day-one cash flow, supported by in-unit washer and dryer in every unit, a highly desirable amenity that drives tenant retention and consistent rental demand. The property features a highly functional unit mix of one-bedroom and two-bedroom apartments. New ownership can benefit from proven operations while continuing to capture upside through rent optimization and streamlined management. The property benefits from immediate access to State Routes 167 and 516, providing seamless connectivity to Interstate 5, Seattle-Tacoma International Airport, and the greater Puget Sound region. Residents enjoy close proximity to Kent Station, the Sounder Train Station, and the ShoWare Center, offering convenient access to retail, dining, entertainment, and commuter transit, along with nearby parks and recreational amenities that enhance overall livability. As a major employment hub in the Pacific Northwest, the Kent Valley is home to over 12,000 businesses and a strong concentration of industrial and aerospace jobs. Major employers including Boeing, Amazon, Blue Origin, and REI continue to drive population growth and rental demand. With direct rail service to both Seattle and Tacoma, 108 Kensington S is well-positioned to attract residents seeking affordability, accessibility, and proximity to major employment centers.

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Multi-Family Active

Price

$ 2,125,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,188

Style

10+ Units

Lot Size

0.62

Year Built

1986

Town/City

Kent

County/Region

King

MLS | Web ID

2530607

Features
General
Living Area 0
Sewer Available
Heating Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1986
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 126338
Insurance Expense 5096
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Scenic Hill
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Start on I-5 S. Take exit 156 for interurban Ave toward Tukwila. Turn left onto Interurban Ave S. Continue onto WA-181 S. Turn right onto 4th Ave N. Turn left onto W Smith. Drive to Reiten Rd On righ
City Kent
Senior Community Y/N N
High School District Kent
Zoning Description Multi-Family
Number Of Units Total 10
MLS Area 330 - Kent
Lot Size Units Square Feet
Lot Size Square Feet 27007
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 24188
Electric Expense 0
Fuel Expense 0
Public Remarks 108 Kensington S offers investors stable day-one cash flow supported by in-unit washer and dryer in every unit a highly desirable amenity that drives tenant retention and consistent rental demand. Th
Leasable Area 8628
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 14439
Property Style 56 - 10+ Units
Cap Rate 5.95
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Exterior
Exterior Amenities Wood Products
Water Source Public
Total Parking 20
Foundation Details Poured Concrete
Building Area Total 8628
Lot Size Acres 0.62
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 20
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2530607
Street Number 1 108
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* Excluded Features
List By
Tanner Fogle

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$15,100
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,084
Monthly Property Taxes
$2,016
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
257264 Elementary School
256822 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$2,125,000 Listed Price

Map


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108 Kensington Avenue SW, Kent, WA, 98030 is a Multi-Family Home for sale at $2,125,000 with 8,628 sqft and a lot size of 0.62. 108 Kensington Avenue SW is a studio with 0.0 baths and was built in 1986. The property's zip code is 98030 which is in Kent, WA