108 Kensington Avenue SW, Kent, WA 98030

Courtesy of Paragon Real Estate Advisors

$2,125,000
8,628
SqFt

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List Price
$2,125,000
Status
ACTIVE
Days on Market
59
MLS#
2530607
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1986
Living Area
8,628
Lot Size
27,007
Acres
0.62
Subdivision
Scenic Hill
Neighborhood
Scenic Hill
MLS Area Major
Kent

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.

Additional Information

Exterior Features
Wood Products
Property Description
56 - 10+ Units
Flooring
Laminate
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition
School District
Kent
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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.
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