11009 SE 248th Street Kent, WA $ 1,400,000
11009 SE 248th Street
$ 1,400,000
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11009 SE 248th Street

Kent, WA, 98030
$ 1,400,000
Baths0.0 Sq 3,680

Monthly Estimate*

$ 9,305

Listed by The Irwin Group
11009 SE 248th Street, Kent, WA 98030 - Image 1
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11009 SE 248th Street, Kent, WA 98030 - Image 7
11009 SE 248th Street, Kent, WA 98030 - Image 8
11009 SE 248th Street, Kent, WA 98030 - Image 9
11009 SE 248th Street, Kent, WA 98030 - Image 10
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11009 SE 248th Street, Kent, WA 98030 - Image 16
Studio

Multi-Family Home for sale in Kent, WA

for $1,400,000. This 3,680 square foot home was built in 1988 on a lot size of 0.3104.

Steady income producing 4-plex in quiet residential neighborhood. 2 bed/1.5 bath units. Washer/Dryer and fireplace in each unit along with patios and decks. 8 parking spaces (4 covered). Close to shopping and entertainment at Kent Station. Bus lines and other commuting options close at hand. YMCA and Morrill Meadows Park 2 blocks away. Recent updates to roof and gutters. Windows and Fence replaced. Automatic security lighting added. Value Add opportunity with current rents below market value

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,993

Style

4-Plex

Lot Size

0.3104

Year Built

1988

Town/City

Kent

County/Region

King

MLS | Web ID

2202284

Features
General
Interior Features Wall to Wall Carpet Laminate
Sewer Sewer Connected
Heating Radiant Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood Wood Products
HOA 0
Year Built 1988
Property SubType Multi-Family
Tax Year 2024
County King
Net Operating Income 55988
Insurance Expense 2257
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Energy Efficient Thermal Windows
Subdivision Name East Hill
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions i405 South to exit 3 (WA 515 Talbot Rd.) Follow Talbot Road south to SE 248th St. Left on SE 248th St to private drive on right just past 110th Ave SE. Building on left.
High School Buyer To Verify
City Kent
Buyer Agent Compensation 2.0
View Y/N N
Senior Community Y/N N
High School District Kent
Open Parking Spaces 4
NumberOfUnitsTotal 4
MLS Area 330 - Kent
Lot Size Units Square Feet
Lot Size Square Feet 13520
Waterfront Y/N N
Carport Spaces 4
Carport Y/N N
Street Name 248th
Listing Terms Cash Out Conventional FHA
Elementary School Buyer To Verify
Tax Annual Amount 10993
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Steady income producing 4-plex in quiet residential neighborhood. 2 bed/1.5 bath units. Washer/Dryer and fireplace in each unit along with patios and decks. 8 parking spaces (4 covered). Close to
Leasable Area 3392
Structure Type Quadruplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Storage Thermal Windows
Units Below Grade false
Units In Building Total 4
Zoning Class Multi-Family Residential
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 4
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Dead End Street Paved
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3680
Lot Size Acres 0.3104
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Patio
Parking Uncovered Spaces 4
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Internal Only
OriginalMLSID NWM2202284
Street Number 1 11009
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* Excluded Features
List By
Phil Auberg

Listing Agent

The Irwin Group

Broker

Affordability Calculator

$10,221
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,305
Monthly Property Taxes
$916
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100430 Elementary School
3100085 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$1,400,000 Listed Price

Map


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11009 SE 248th Street, Kent, WA, 98030 is a Multi-Family Home for sale at $1,400,000 with 3,680 sqft and a lot size of 0.3104. 11009 SE 248th Street is a studio with 0.0 baths and was built in 1988. The property's zip code is 98030 which is in Kent, WA