No photo available
$2,125,000 Just Listed
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.
Full Property Details
Full Property Details for 108 Kensington Ave SW
General
- Price: $2,125,000
- Taxes: $24,188 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2530607
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Laminate
Parking
- Uncovered Spaces: 20
Location
- Area: 330 - Kent
- County: King
- Subdivision: Scenic Hill
- Driving Directions: Start on I-5 S. Take exit 156 for interurban Ave toward Tukwila. Turn left onto Interurban Ave S. Continue onto WA-181 S. Turn right onto 4th Ave N. Turn left onto W Smith. Drive to Reiten Rd On right
School Information
- High School District: Kent
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Available
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 8,628
- Year Built: 1986
Unit Information
- Units in Building: 10
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,007
- Lot Size Source: Public Records
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $24,188
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1922059322
Listed by Tanner Fogle | Paragon Real Estate Advisors | (206) 623-8880 and Will Douglas | Paragon Real Estate Advisors | (206) 623-8880
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 108 Kensington Ave SW
School District:Kent School District
| Name | Grades | Distance |
|---|---|---|
Scenic Hill Elementary School 26025 Woodland Way South, Kent, WA 98030 | K-5 | 1.1 mi |
Kent-Meridian High School 10020 Southeast 256th Street, Kent, WA 98030 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Kensington Ave SW
Date
Details
Price
Change
Source
5/28/2026
Listed
$2,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 108 Kensington Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2026
$24,188
12%
$2,124,000
5%
2024
$21,555
-1%
$2,024,000
-3%
2024
$21,752
-4%
$2,083,000
—
2022
$22,558
4%
$2,083,000
11%
2021
$21,740
—
$1,873,000
11%
2021
$21,740
20%
$1,688,000
22%
2020
$18,059
21%
$1,378,000
17%
2019
$14,893
-1%
$1,177,000
10%
2018
$14,991
3%
$1,070,000
—
2017
$14,571
12%
$1,073,000
19%
2016
$12,975
9%
$901,000
13%
2015
$11,885
-4%
$798,000
1%
2014
$12,344
—
$794,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 108 Kensington Ave SW
108 Kensington Avenue SW, Kent, WA 98030 (MLS# 2530607) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 108 Kensington Avenue SW is currently listed for $2,125,000 and was received on May 28, 2026. Want to learn more about 108 Kensington Avenue SW? Do you have questions about finding other Multi-Family real estate for sale in Downtown Kent? You can browse all Downtown Kent real estate or contact a Coldwell Banker agent to request more information.
