21614 29th Avenue S Des Moines, WA $ 1,095,000
21614 29th Avenue S
$ 1,095,000
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21614 29th Avenue S

Des Moines, WA, 98198
$ 1,095,000
Bedrooms8 Baths4.0 Sq 3,730

Monthly Estimate*

$ 6,914

Listed by eXp Realty
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Multi-Family Home for sale in Des Moines, WA

for $1,095,000 with 8 bedrooms and 4 full baths. This 3,730 square foot home was built in 1976 on a lot size of 0.1963.

Steady cash flow meets tenant-favorite amenities in this well-maintained Des Moines fourplex! Built in 1976, the 3,740-square-foot property offers four spacious 2-bedroom, 1-bath units — each with its own washer/dryer, dishwasher, refrigerator, range, garbage disposal, and wood-burning fireplace, the kind of features that keep quality tenants renewing year after year. The two upper units (approx. 930 SF) offer large private decks, while the two lower units (approx. 830 SF) open onto a shared patio and fenced backyard, and select units capture partial territorial and Puget Sound views. Seven off-street parking spaces, public utilities, sidewalked street frontage, and quick access to I-5, Highway 99, schools, and everyday conveniences round out this well-positioned, income-ready asset in one of South King County's most in-demand rental markets. Only one unit is currently occupied, giving the new owner a unique opportunity to hand-select tenants and set market-rate rents on the remaining three. Contact the listing agent for showing access and any questions.

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Multi-Family Active

Price

$ 1,095,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,189

Style

4-Plex

Lot Size

0.1963

Year Built

1976

Town/City

Des Moines

County/Region

King

MLS | Web ID

2577632

Features
General
Living Area 0
Sewer Available Sewer Connected
Heating Baseboard
Cooling See Remarks
Possession Closing See Remarks
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1976
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 71730
Insurance Expense 2100
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Des Moines
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 exit 151st W. to Hyw 99 then S. to 216th the E. turn right on 29th Ave S on left side.
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 8550
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA See Remarks VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 10189
Electric Expense 340
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Steady cash flow meets tenant-favorite amenities in this well-maintained Des Moines fourplex! Built in 1976 the 3 740-square-foot property offers four spacious 2-bedroom 1-bath units each with its o
Leasable Area 3730
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company city of Des Moines
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 4200
Property Style 54 - 4-Plex
Cap Rate 6.5
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 3730
Lot Size Acres 0.1963
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 Total 7
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Interior
Flooring Laminate Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2577632
Street Number 1 21614
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* Excluded Features
List By
Adisu Fanta

Listing Agent

Exp Realty

Broker

Affordability Calculator

$7,763
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,914
Monthly Property Taxes
$849
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
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$1,095,000 Listed Price

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21614 29th Avenue S, Des Moines, WA, 98198 is a Multi-Family Home for sale at $1,095,000 with 3,730 sqft and a lot size of 0.1963. 21614 29th Avenue S has 8 bedrooms, 4.0 baths, and was built in 1976. The property's zip code is 98198 which is in Des Moines, WA