24021 25th Avenue S Des Moines, WA $ 1,100,000
24021 25th Avenue S
$ 1,100,000
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24021 25th Avenue S

Des Moines, WA, 98198
$ 1,100,000
Baths0.0 Sq 4,050

Monthly Estimate*

$ 6,863

Listed by Kidder Mathews
24021 25th Avenue S, Des Moines, WA 98198 - Image 1
24021 25th Avenue S, Des Moines, WA 98198 - Image 2
24021 25th Avenue S, Des Moines, WA 98198 - Image 3
24021 25th Avenue S, Des Moines, WA 98198 - Image 4
24021 25th Avenue S, Des Moines, WA 98198 - Image 5
24021 25th Avenue S, Des Moines, WA 98198 - Image 6
24021 25th Avenue S, Des Moines, WA 98198 - Image 7
24021 25th Avenue S, Des Moines, WA 98198 - Image 8
24021 25th Avenue S, Des Moines, WA 98198 - Image 9
Studio

Multi-Family Home for sale in Des Moines, WA

for $1,100,000. This 4,050 square foot home was built in 1967 on a lot size of 0.2428.

Prime Des Moines Fourplex offering strong upside! Located near Highline College, I-5, and future light rail, this 4-unit property features large 1,000 SF units with rents estimated to be over 15% below market. This property is surrounded by growing amenities and major employers making this is an excellent opportunity to secure a stable income asset with below market rents in a high demand market with long-term appreciation potential.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,529

Style

4-Plex

Lot Size

0.2428

Year Built

1967

Town/City

Des Moines

County/Region

King

MLS | Web ID

2447388

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition Flat Torch Down
HOA Fee 0
Security Features Partially Fenced
Year Built 1967
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 65798
Insurance Expense 1795
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Des Moines
Special Listing Conditions None
Status Active
Directions From Hwy 99 drive west toward the Puget Sound on 240th Street this quad plex is on 25th Ave S
City Des Moines
Senior Community Y/N N
High School District Highline
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 120 - Des Moines/Redondo
Lot Size Units Square Feet
Lot Size Square Feet 10575
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional VA Loan
Tax Annual Amount 10529
Electric Expense 278
Fuel Expense 0
Public Remarks Prime Des Moines Fourplex offering strong upside! Located near Highline College I-5 and future light rail this 4-unit property features large 1 000 SF units with rents estimated to be over 15% below
Leasable Area 4050
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 6560
Property Style 54 - 4-Plex
Cap Rate 5.98
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Exterior
Exterior Amenities Wood Products
Lot Features Paved Sidewalk
Total Parking 4
Foundation Details Concrete Ribbon
Building Area Total 4050
Lot Size Acres 0.2428
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially High Speed Internet Patio
Parking Uncovered Spaces 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2447388
Street Number 1 24021
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* Excluded Features
List By
Brian Richardson

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$7,740
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$877
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257587 Elementary School
257649 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$1,100,000 Listed Price

Map


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24021 25th Avenue S, Des Moines, WA, 98198 is a Multi-Family Home for sale at $1,100,000 with 4,050 sqft and a lot size of 0.2428. 24021 25th Avenue S is a studio with 0.0 baths and was built in 1967. The property's zip code is 98198 which is in Des Moines, WA