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Under Contract195 Days
$1,275,000

20244 108th Avenue
Kent, WA 98031

Land For Sale
1.06 Acre Lot
Dove Realty, Inc.

Provided by Northwest Multiple Listing Service, 2025.

Description for 20244 108th Avenue, Kent, WA 98031

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

Property Details

Listing Details
Under Contract
Land
Land
None
For Sale
NWM2285405
$1,275,000
11/15/2024
Single Family
NWM42458
Location Information
US
WA
King
Kent
98031
108th
20244
Avenue
Panther Lake
W123° 48' 13''
N47° 25' 12.3''
20244 108th Avenue SE, Kent, WA 98031
340 - Renton/Benson Hill
SE
Yes
Garage/Parking
No
No
Exterior Features
No
No
WaterFront and WaterAccess
No
Land Info
1.06 Acre
Curbs,Secluded,Paved,Sidewalk
Nw
0522059128
Monthly
See Remarks
Utilities
Available,In Street
HOA Info
Monthly
No
Rental Info
Monthly
Tax Info
$6,339
2024
Schools
Glenridge Elem
Kentridge High
Meeker Jnr High
Listing Information
Dove Realty, Inc.
Jason Sharp
50
NWM9249
Nwmls
$1,275,000
11/14/2024 16:19:33
Multi Family
Natural Gas Available,Electricity Connected,Septic Design Installed
See Remarks,On Property
Kent

Price History

Source: MLS
DateEventPriceSource
2024-11-15Under Contract$1,275,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of Dove Realty, Inc.
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2025 NWMLS. All rights are reserved. NWMLS DMCA NOTICE
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