20244 108th Avenue Se, Kent, WA 98031

Local realty services provided by:Imagine Realty ERA Powered
Listed by: jason sharp
Office: dove realty, inc.
MLS#:2285405
Source:NWMLS
20244 108th Avenue Se,Kent, WA 98031
$1,275,000
  • 1.06 Acres
  • Lots / Land
  • Pending - Backup offer requested

Price summary

  • Price:$1,275,000

About this home

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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Home facts

  • Listing ID #:2285405
  • Updated:February 13, 2026 at 12:43 AM

Structure and exterior

  • Lot area:1.06 Acres

Schools

  • High school:Kentridge High
  • Middle school:Meeker Jnr High
  • Elementary school:Glenridge Elem

Utilities

  • Water:On Property
  • Sewer:Available, In Street

Finances and disclosures

  • Price:$1,275,000
  • Tax amount:$6,339 (2024)
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