20603 -20611 108th AVE SE new to site

Kent,WA 98031

$ 4795000

44 Beds

33 Baths

21340 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 21,340 sqft

Price per Sqft $224

Subdivision Kent

MLS Listing ID 2354781

Style 56 - 10+ Units

Bedrooms 44

Year Built 1977

Annual Tax Amount $57,121

Lot Size 1.250 Acres

Property Sub-Type Multi-Family

Property Description

The property features 22 nearly identical 2 bed/1.5 bath townhouse style units with full appliance packages that include a full size washer and dryer, dishwasher, and refrigerator. There are 5 buildings on one parcel and all 5 of the roofs were replaced in February of 2025. There are 44 parking spots in total with 37 carport spaces. The property presents immediate operational upside due to expense load of nearly 50% of EGI. Four of the units have been renovated with LVP floor, quartz countertops, kitchen cabinets, and bathroom vanities leaving a renovation value-add opportunity with the remaining 18 units.

Location

State WA

County King

Area 330 - Kent

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Kent

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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