$995,000
 $5,341 est/mo Sourced by Back At You

11651 SE 212th Place,Kent, WA 98031

Kent, WA 98031

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Description

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.

Details

MLS #2573729
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending Feasibility
Year1947
Days On Site25
Listing Provided ByJohn L. Scott, Inc | Jonathan D. Bye

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,230
Garage1
BasementY
Story(s)1
ZoningSR8
Acreage1.99

Taxes

Property6567

Area Information

StateWA
CountyKing
CityKent
Zip Code98031
Area330 Kent
Community NameEast Hill
School DistrictKentridge High
Elementary SchoolEmerald Park Elem
High SchoolKentridge High
Listing VS Median (in East Hill)
Price:
$995,000
low | high
Med:
$649,975
84.675879396985% of Average
sqft:
1,230
low | high
Med:
1,825
2% of Average
$ / sqft:
$809
low | high
Med:
$357
100% of Average
On site:
25
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 98031

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Learn More About This Property

StateWA
CountyKing
CityKent
Zip Code98031
Area330 Kent
Community NameEast Hill
School DistrictKentridge High
Elementary SchoolEmerald Park Elem
High SchoolKentridge High
Listing VS Median (in East Hill)
Price:
$995,000
low | high
Med:
$649,975
84.675879396985% of Average
sqft:
1,230
low | high
Med:
1,825
2% of Average
$ / sqft:
$809
low | high
Med:
$357
100% of Average
On site:
25
low | high
Med:
18
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $746K - $1.243M
sqft: 923 - 1,500
Nearby Listings Property ImageNearby Listings Details
20819 114th Place 5 Property Photo 1
$375,000
20819 114th Place 5
Kent, WA 98031
Listing Updated: September 19, 2026 at 8:33:35 AM PDT