Exceptional investment and development opportunity on 1.99 acres in a highly desirable location! This unique property features three income-producing homes, offering immediate rental revenue of $6,500 while you explore the property's future potential. Zoned R8 with potential for 8 lots. Whether you're seeking a multi-generational compound, an income-generating investment, or your next development project, the possibilities are endless. The property includes a spacious 4-bedroom, 2-bath main home, a 3-bedroom, 1.5-bath residence, and a charming 3-bedroom, 2-bath log home, providing flexibility for multiple tenants, extended living, or owner occupancy. With water available in the street and Sewer at the end of Se 212th Pl, this property presents outstanding development potential while allowing you to generate rental income throughout the planning process. The true value lies in the land, making this an exceptional opportunity for investors, builders, and developers alike. Ideally located with convenient access to schools, shopping, dining, and major freeways, this rare offering combines strong current income potential with exciting possibilities for future growth. Don't miss your chance to secure this versatile and valuable property.
Property Details
- Interior
- Dbl Pane/Storm Window, Fireplace
- Fireplaces
- 1
- Heating
- Baseboard
- Bedrooms
- 3
- Bathrooms
- 1.75
- Full Baths
- 1
- 3/4 Baths
- 1
- Lot Features
- Dead End Street, Paved, Secluded, Value In Land
- Lot Description
- Dead End Street, Paved, Secluded, Value In Land
- Exterior Features
- Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
- Exterior Materials
- Metal/Vinyl
- Acres
- 1.9903
- Square Feet
- 1230.0
- Parking Features
- Driveway, Detached Garage, RV Parking
- Parking
- 1
- Parking Spaces
- 1.0
- Parking Type
- Driveway
- Property Type
- Purchase
- Style
- 16 - 1 Story w/Bsmnt.
- Basement
- 1
- Basement Description
- Daylight
- Year Built
- 1947
- Roof
- Composition
- Sewer Information
- Septic Tank
- Utility Source
- Public
- Appliances
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Subdivision
- East Hill
- School District
- Kent
- Elementary School
- Emerald Park Elem
- Middle School
- Meeker Jnr High
- High School
- Kentridge High
- County
- King
- Region
- Kent
- Zoning
- SR8
- Original List Price
- $995,000
- Days on Market (Cumulative)
- 14
- Taxes Annual
- $6,567
- HOA Fees
- 0.0
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2026-09-01T20:57:14Z. 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Provided By
Listed by Jonathan D. Bye (#NWM35656)
Listing Office: John L. Scott, Inc (#NWM3647)
