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$1,275,000
460 Days On Site

20244 108th Avenue SE
Kent, WA 98031

For Sale|Land|Pending
Cumulative Days On Market:
51
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 
460 Days
Bedrooms 
5
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.0631 Acres
Year Built 
N/A
MLS® Number 
2285405
Status 
Pending
Property Tax 
$6,339
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
3 months agoStatus changed to Pending
a year agoListing first seen on site
General Features
Acres 
1.0631
Additional Property Use 
Multi-Family
Sewer 
Septic Tank
Utilities 
Electricity ConnectedNatural Gas Available
Water Source 
See Remarks
Zoning 
Multi-Family
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Exterior Features
Lot Features 
PavedSecludedLevel
Community Features
Financing Terms Available 
Conventional
MLS Area 
340 - Renton/Benson Hill
Roads 
See Remarks
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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