Listed by Abbey Realty Inc
$995,000
$105K PRICE DROP

11120 SE 234th Place Kent, WA 98031

Meridian Neighborhood

Estimated payment $6,057/month

Total Views 105,887
5 Beds
4 Baths
3,316 Sq Ft
$300 Price per Sq Ft

Highlights

  • No HOA
  • Cul-De-Sac
  • Forced Air Heating System
  • Kentwood High School Rated A-
  • Vinyl Plank Flooring
  • Baseboard Heating

About This Home

Zoned for 6 units (buyer to verify) This unique home features nicely remodeled manufactured home, large garage with two additional units . Rents and other financials are pro forma based on Zillow estimates. Sold as-is

Listing Agent

Laura Lundin

Abbey Realty Inc License #24684 Listed on: 05/20/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2385830

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,739

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Tie Down
  • Wood Composite

Interior Spaces

  • 3,316 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • East Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1722059022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,739

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1986
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3316
  • Special Features: None
  • Cumulative Days on Market: 53

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Tie Down
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Kent
  • WaterCompany: City of Kent
  • WaterSewerGarbage: 1680

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Kent

Lot Info

  • Parcel Number: 1722059022
  • Lot Size Acres: 0.2668
  • Lot Size Sq Ft: 11623
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: public records
  • MLSSquareFootageSource: seller

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 20.6
  • LeasedItems: None
  • TotalMonthlyIncome: 4450

Multi Family

  • Gross Scheduled Income: 53400
  • Net Operating Income: 41145
  • Number Of Units Total: 3
  • Electric Expense: 1836
  • Insurance Expense: 2000
  • Leasable Area: 3316
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6739

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $995,000 -9.5% $300 / Sq Ft
05/20/2025 05/20/25 For Sale $1,100,000 -- $332 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2385830

Northwest Multiple Listing Service (NWMLS)