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.
| MLS # | 2530607 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 86 |
| Listing Provided By | Paragon Real Estate Advisors | Tanner Fogle |
| SQ Feet | 8,628 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Zoning | Multi-Family |
| Acreage | 0.62 |
| Property | 24188 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Kent |
| Zip Code | 98030 |
| Area | 330 Kent |
| Community Name | Scenic Hill |
| Listing VS Median (in Scenic Hill) | |
Price: $2,125,000 low | high Med: $649,950 sqft: 8,628 low | high Med: 2,720 $ / sqft: $246 low | high Med: $239 On site: 86 low | high Med: 2 | |
| State | WA |
|---|---|
| County | King |
| City | Kent |
| Zip Code | 98030 |
| Area | 330 Kent |
| Community Name | Scenic Hill |
| Listing VS Median (in Scenic Hill) | |
Price: $2,125,000 low | high Med: $649,950 sqft: 8,628 low | high Med: 2,720 $ / sqft: $246 low | high Med: $239 On site: 86 low | high Med: 2 | |