11005 SE 248th St $535,000

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    11005 SE 248th St Kent, WA 98030

    • 0 Beds
    • 0 Baths
    • 2,720 sq.ft.
    • Multi-Family
    Listing# 1486734
    SOLD 9/19/2019

    $535,000

    Days On Market: 32 7 Views
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    Property Details

    Split-Level Duplex located at the end of a quiet private road. 7.25% Cap Rate. Each unit is 3bed/2bath w/ individual fenced yards. Recent upgrades include a brand-new roof, electrical panel, carpet, interior/exterior paint, garage doors, heaters, water heater, and more. Solid, turn-key property with low expense & HIGH-INCOME POTENTIAL. Quality built in 1984; well maintained. Tenants in upper unit are month-to-month, lower unit is now vacant, which makes a great option for an owner-occupant buyer

    • General Features
      • County King
      • Zoning Code Residential
      • County King
      • Lot Details Dead End Street
      • Lot Square Footage 10,400
      • Number of Stories 2
      • Number of Units 2
      • Site Features Deck, Fenced-Fully, High Speed Internet
      • Style 52-Duplex
      • View Territorial
      • Year Built 1984
    • Building Features
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Amenities Storage, Thermal Windows
      • Approx SqFt 2,720
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $4,100
      • Net Operating Income $39,367
      • Gross Scheduled Income $49,200
      • Gross Adjusted Income $47,724
      • Total Expenses $8,357
      • Other Expenses $1,000
      • Insurance Expenses $850
      • Expenses $8,357
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 11
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $4,413
      • Energy Source Electric
      • Heating and Cooling Forced Air, Insert
      • Sewer Company Sewer Connected
    • Schools
      • School District Kent

    Neighborhood

    98030 (Kent) Demographics

    32Median Age
    5,220Population Density (per sq. mile)
    33%College Educated
    $55,797 Estimated Median Income
    5,791Estimated Total Home Owners
    5,998Estimated Total Renters
    49% / 51%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    37,213Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $402,500 Median Sales Price
    30 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $570,000 6.54%
        9/19/2019 12:00:00 AM Sold Source New Value: $535,000 -1.83%
        8/24/2019 3:30:59 PM Status Changed Source New Value: Pending
        8/13/2019 1:11:11 PM Price Reduced Source New Value: $545,000
        7/24/2019 6:51:10 PM Status Changed Source New Value: Active
        7/20/2019 10:41:08 AM Status Changed Source New Value: Pending

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.