Listing provided courtesy of Pure Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2543065MLS Provider

11005 SE 248th StreetKent, WA 98030

Multi-Family · 6 Beds · 2,500 Sq. ft. | 0.24 Acres
$950,000 Active

11005 SE 248th Street Overview

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Turnkey opportunity in a prime Kent location! This newly renovated property offers exceptional flexibility for both homeowners and investors. Featuring two spacious 3-bedroom, 2-bath units, with Unit A offering 1,160 sq ft and Unit B offering 1,340 sq ft. Each unit includes its own private 220 sq ft garage and ample additional parking. Live in one unit and rent the other, create a multigenerational living setup, or explore income-producing opportunities. Each unit rented for $2,300/month prior to renovation, offering strong investment potential. Conveniently located across from the YMCA with easy access to shopping, dining, schools, parks, and commuter routes. No HOA and endless possibilities await!

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11005 SE 248th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,500
  • Price/Sq.ft. $380
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Kent
  • Elementary School: George T. Daniel Ele
  • Middle Or Junior School: Kent Mtn View Acad
  • High School: Kent-Meridian High

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 2400
  • Fuel Expense: 0
  • Gross Scheduled Income: 72000
  • Insurance Expense: 994.78
  • Net Operating Income: 57840
  • Total Expenses: 14159.8
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 3600

Building Information

  • New Construction: No
  • Year Built: 1984

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 330 - Kent
  • Subdivision Name: Kent

Tax Information

  • Tax Annual Amount: $7,165.02
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 2022059266
  • Possible Use: Residential
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bedrooms Possible: 6
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2500
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2500
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2500
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Fully Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 4
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street
  • Lot Size Acres: 0.2388
  • Lot Size Square Feet: 10400
  • Lot Size Units: Square Feet
  • Site Features: Deck, Fenced-Fully, High Speed Internet, RV Parking
  • Elevation Units: Feet

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

11005 SE 248th Street Neighborhood

Community

98030 (Kent) Demographics

35
Median Age
5,185
Population Density (per sq. mile)
36%
College Educated
$71,014
Estimated Median Income
6,263
Estimated Total Home Owners
6,345
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11005 SE 248th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11005 SE 248th Street Market Data

Based on the last 30 days in this zip code

$642,192
Average List Price
$337
Average Price per Square Foot
23
Properties Sold
93
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

11005 SE 248th Street History

Date Event Value Agent
6/19/2026Source: NWMLS Added to Database
June 19, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021