11005 SE 248th Street, Kent, WA 98030
- $930,000
- 2,500
- SqFt
Listing courtesy of Pure Real Estate.
- List Price
- $930,000
- Status
- ACTIVE
- MLS#
- 2543065
- Price Change
- ▼ $20,000 1784241099
- Days on Market
- 40
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,500
- Area Total SqFt
- 2500
- Annual Tax Ammount
- 7165.02
- Lot Size (sq ft)
- 10,400
- Sewer
- Sewer Connected
Property Description
Turnkey opportunity in a prime Kent location! This newly renovated property offers exceptional flexibility for both homeowners and investors. Featuring two spacious 3-bedroom, 2-bath units, with Unit A offering 1,160 sq ft and Unit B offering 1,340 sq ft. Each unit includes its own private 220 sq ft garage and ample additional parking. Live in one unit and rent the other, create a multigenerational living setup, or explore income-producing opportunities. Each unit rented for $2,300/month prior to renovation, offering strong investment potential. Conveniently located across from the YMCA with easy access to shopping, dining, schools, parks, and commuter routes. No HOA and endless possibilities await!
Additional Information
- List Date
- 2026-06-19 17:31:17
- Community
- Kent
- Net Operating Income
- $57,840
- Gross Adjusted Income
- $72,000
- Gross Scheduled Income
- $72,000
- Insurance Expenses
- $994
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 13.19
- Total Expenses
- $14,159
- Cap Rate
- 6
- Vacancy Rate
- 100
- Total Number of Units
- 2
- Unit Name
- 11005
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1984
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, High Speed Internet, RV Parking
- Electric Expenses
- 2400
- Energy Source
- Electric
- School District
- Kent
- Elementary School
- George T. Daniel Ele
- Middle School
- Kent Mtn View Acad
- High School
- Kent-Meridian High
- Gross Scheduled Income
- $72,000
- Vacancy Rate
- 100
- Gross Adjusted Income
- $72,000
- Tax Year
- 2026
- Insurance Expense
- $994
- W/S/G Expenses
- $3,600
- Total Expenses
- $14,159
- Net Operating Income
- $57,840
- Gross Rent Multiplier
- 13.19
- Cap Rate
- 6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.