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$1,275,000
492 Days On Site

20244 108th Avenue SE
Kent, WA 98031

For Sale|Single Family Residence|Pending
8
Beds
3
Total Baths
3
Full Baths
2,380
SqFt
$536
/SqFt
1955
Built
Cumulative Days On Market:
71
Subdivision:
Panther Lake
County:
King
For Demo use Only.
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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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Listing Snapshot
Price 
$1,275,000
Days On Site 
492 Days
Bedrooms 
8
Inside Area (SqFt) 
2,380 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.0631 Acres
Year Built 
1955
MLS® Number 
2285401
Status 
Pending
Property Tax 
$6,339
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
5 months agoStatus changed to Pending
a year agoListing first seen on site
General Features
Acres 
1.0631
Land Lease 
No
Levels 
One
Parking 
Off Street
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
2380
Water Source 
PublicSee Remarks
Interior Features
Flooring 
HardwoodVinylCarpet
Heating 
Forced AirElectricNatural Gas
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Fenced
Lot Features 
Secluded
Roof 
Composition
Community Features
Financing Terms Available 
Conventional
MLS Area 
340 - Renton/Benson Hill
School District 
Kent
Schools
School District
Kent
Elementary School
Glenridge Elem
Middle School
Meeker Jnr High
High School
Kentridge High
For Demo use Only.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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