$2,125,000
Est. $11,516/mo8,628 sq ft
108 Kensington Avenue SW, Kent, WA 98030
• Listed May 28, 2026•49 days active · 49 cumulative
Listing Broker: Paragon Real Estate Advisors; Tanner Fogle; 206-623-8880; Tanner@paragonrea.com
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Listing Broker: Paragon Real Estate Advisors; Tanner Fogle; 206-623-8880; Tanner@paragonrea.com
About this home
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.
Listed by Tanner Fogle • Paragon Real Estate Advisors
Listing updated: September 21, 2026 at 09:30am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2530607
Around this home
How much should you offer?
108 Kensington Avenue SW, Kent, WA 98030
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 10+ Units
Flooring
- Laminate
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDigger- East Hill Elementary SchoolPublic · Grades PK-5 · 0.8 mi · State rank 1,033 of 1,1381/10
- Mill Creek Middle SchoolPublic · Grades 6-8 · 0.4 mi · State rank 506 of 5141/10
- Kent-Meridian High SchoolPublic · Grades 9-12 · 0.9 mi · State rank 360 of 3961/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 10
- Units in building
- 10
- Units below grade
- false
- Building square feet
- 8,628 sq ft
Income & expenses
- Gross scheduled income
- $209,352
- Total monthly income
- $17,446
- Gross adjusted income
- $198,884
- Net operating income
- $126,338
- Cap rate
- 5.95%
- Gross rent multiplier
- 10.15
- Vacancy rate
- 5%
- Total expenses
- $72,546
- Insurance
- $5,096
- Other expenses
- $28,823
- Water / sewer / garbage paid by
- 14439
Parking & storage
- Parking spaces
- 20
- Uncovered parking
- 20
Taxes & assessment
- Annual taxes
- $24,188
- Tax year
- 2025
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 108 Kensington Avenue SW
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- May 28, 2026ListedNWMLS via MLS Grid · #2530607$2,125,000$246/sq ft
Mortgage payment forecast
$14,063 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Paragon Real Estate Advisors; Tanner Fogle; 206-623-8880; Tanner@paragonrea.com
Market pulse
Kent is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 54 days.
Recent sales nearby
Within 1 mile · last 6 months$470,000 Sold
1 week ago
3 bd•1.75 ba•~1,920 sq ft•Single Family
700 Reiten Road, Kent, WA 98030
5%
Under list
103
Days on market
0.5 mi
Distance
$470,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,800 sq ft•Single Family
628 E Titus Street, Kent, WA 98030
3%
Under list
76
Days on market
0.1 mi
Distance
$900,000 Sold
2 weeks ago
4 bd•2.5 ba•~2,810 sq ft•Single Family
437 Hazel Avenue N, Kent, WA 98030
5%
Under list
70
Days on market
0.3 mi
Distance
$614,999 Sold
2 weeks ago
3 bd•1.5 ba•~1,540 sq ft•Single Family
24648 96th Avenue S, Kent, WA 98030
0%
Over list
120
Days on market
0.6 mi
Distance
$688,000 Sold
2 weeks ago
5 bd•2.5 ba•~3,580 sq ft•Single Family
1133 E Hemlock Street, Kent, WA 98030
2%
Under list
119
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 9:03 PM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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