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Listed by:Paragon Real Estate Advisors • Tanner Fogle
$ 2,125,000
Est. payment | /mo
16 Beds
11 Baths
8,628 SqFt
$ 2,125,000
Est. payment | /mo
16 Beds
11 Baths
8,628 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,628 sqft
Price per Sqft $246
Subdivision Scenic Hill
MLS Listing ID 2530607
Style 56 - 10+ Units
Bedrooms 16
Year Built 1986
Annual Tax Amount $24,188
Lot Size 0.620 Acres
Property Sub-Type Multi Family
Property Description
108 Kensington S offers investors stable day-one cash flow, supported by in-unit washer and dryer in every unit, a highly desirable amenity that drives tenant retention and consistent rental demand. The property features a highly functional unit mix of one-bedroom and two-bedroom apartments. New ownership can benefit from proven operations while continuing to capture upside through rent optimization and streamlined management. The property benefits from immediate access to State Routes 167 and 516, providing seamless connectivity to Interstate 5, Seattle-Tacoma International Airport, and the greater Puget Sound region. Residents enjoy close proximity to Kent Station, the Sounder Train Station, and the ShoWare Center, offering convenient access to retail, dining, entertainment, and commuter transit, along with nearby parks and recreational amenities that enhance overall livability. As a major employment hub in the Pacific Northwest, the Kent Valley is home to over 12,000 businesses and a strong concentration of industrial and aerospace jobs. Major employers including Boeing, Amazon, Blue Origin, and REI continue to drive population growth and rental demand. With direct rail service to both Seattle and Tacoma, 108 Kensington S is well-positioned to attract residents seeking affordability, accessibility, and proximity to major employment centers.
Location
State WA
County King
Area 330 - Kent
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Available
Water Public
New Construction No
Schools
School District Kent
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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