20244 108th SE Avenue, Kent, WA 98031

  • 1 275 000$

Overview

Property ID: NWM2285401
  • 8
  • Bedrooms
  • 3
  • Bathrooms
  • 2380 Sqft
  • Area Size
  • 1955
  • Year Built

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

  • Address: 20244 108th SE Avenue
  • Zip/Postal Code: 98031

Details

Updated on November 10, 2025 at 10:29 pm
  • Property ID NWM2285401
  • Price 1 275 000$
  • Property Size 2380 sqft
  • Land Area 1.0631 sqft
  • Bedrooms 8
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1955

Additional details

  • Listing Terms Cash Out,Conventional
  • Roof Composition
  • Sewer Available,Septic Tank
  • Cooling None
  • Heating Forced Air
  • Flooring Hardwood,Vinyl,Vinyl Plank,Carpet
  • County King
  • Property Type Residential
  • Parking Off Street
  • Elementary School Glenridge Elem
  • Middle School Meeker Jnr High
  • High School Kentridge High

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