21623 30th Avenue S Des Moines, WA $ 798,500
21623 30th Avenue S
$ 798,500
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21623 30th Avenue S

Des Moines, WA, 98198
$ 798,500
Bedrooms8 Baths4.0 Sq 3,600

Monthly Estimate*

$ 5,042

Listed by Skyline Properties, Inc.
21623 30th Avenue S, Des Moines, WA 98198 - Image 1
21623 30th Avenue S, Des Moines, WA 98198 - Image 2
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21623 30th Avenue S, Des Moines, WA 98198 - Image 4
21623 30th Avenue S, Des Moines, WA 98198 - Image 5
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21623 30th Avenue S, Des Moines, WA 98198 - Image 7
21623 30th Avenue S, Des Moines, WA 98198 - Image 8
21623 30th Avenue S, Des Moines, WA 98198 - Image 9
21623 30th Avenue S, Des Moines, WA 98198 - Image 10
21623 30th Avenue S, Des Moines, WA 98198 - Image 11
21623 30th Avenue S, Des Moines, WA 98198 - Image 12
21623 30th Avenue S, Des Moines, WA 98198 - Image 13
21623 30th Avenue S, Des Moines, WA 98198 - Image 14

Multi-Family Home for sale in Des Moines, WA

for $798,500 with 8 bedrooms and 4 full baths. This 3,600 square foot home was built in 1978 on a lot size of 0.1539.

Rare opportunity to acquire a well-maintained 4-plex in one of Des Moines' most desirable rental locations! This fully occupied property features four spacious 2-bedroom, 1-bath units totaling 2,976 rentable square feet, providing consistent cash flow with excellent upside through future rent increases. Property amenities include on-site credit based operated laundry for additional income, individual tenant storage, eight off-street parking spaces, a fully fenced yard, thermal windows, and a durable composition roof. Conveniently located just minutes from Sea-Tac Airport, Highline College, shopping, dining, public transit, the Des Moines Marina, and major commuter routes, ensuring strong tenant demand. A turnkey investment with value-add potential and an outstanding addition to any real estate portfolio. Buyer to verify all information to their satisfaction.

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Multi-Family Active

Price

$ 798,500

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,128

Style

4-Plex

Lot Size

0.1539

Year Built

1978

Town/City

Des Moines

County/Region

King

MLS | Web ID

2551473

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1978
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 35936
Insurance Expense 1800
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Highline
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions use gps but please do not disturb tenants
High School Buyer To Verify
City Des Moines
Senior Community Y/N N
High School District Highline
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 120 - Des Moines/Redondo
Lot Size Units Square Feet
Lot Size Square Feet 6704
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 9128
Electric Expense 360
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Rare opportunity to acquire a well-maintained 4-plex in one of Des Moines' most desirable rental locations! This fully occupied property features four spacious 2-bedroom 1-bath units totaling 2 976 r
Leasable Area 2976
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage Thermal Windows
Water Company Highline
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 7374
Property Style 54 - 4-Plex
Cap Rate 4.36
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Exterior
Exterior Amenities Wood Products
Lot Features Paved
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3600
Lot Size Acres 0.1539
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV High Speed Internet
Parking Uncovered Total 8
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Interior
Flooring Vinyl 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 NWM2551473
Street Number 1 21623
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* Excluded Features
List By
Jeff Pollock

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$5,802
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,042
Monthly Property Taxes
$761
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3100272 Elementary School
3100648 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2026$798,500 Listed Price

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21623 30th Avenue S, Des Moines, WA, 98198 is a Multi-Family Home for sale at $798,500 with 3,600 sqft and a lot size of 0.1539. 21623 30th Avenue S has 8 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 98198 which is in Des Moines, WA