20244 108th Avenue SE, Kent, WA, 98031

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$1,275,000
121 Days On Site

20244 108th Avenue SE
Kent, WA 98031

For Sale|Land|Pending
Subdivision:
Panther Lake
County:
King
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Courtesy of NWMLS
Listing courtesy of Jason Sharp of Dove Realty, Inc.

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20244 108th Avenue SE20244 108th Avenue SE20244 108th Avenue SE20244 108th Avenue SE
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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 
121 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
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
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoStatus changed to Pending
4 months agoListing first seen on site
General Features
Acres 
1.0631
Additional Property Use 
Multi-Family
Buyer Agent Compensation 
2.5
Sewer 
Septic Tank
Utilities 
Electricity ConnectedNatural Gas AvailableSewer Available
Water Source 
See Remarks
Zoning 
MR-M
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Exterior Features
Lot Features 
LevelPavedSecluded
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
Courtesy of NWMLS
Listing courtesy of Jason Sharp of Dove Realty, Inc.



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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