22415 30th Ave S Des Moines, WA 98198

$2,245,000
22415 30th Ave S, Des Moines, WA 98198
Broker: The Foundation Group LLC

Multi-Family Home for sale in Des Moines, WA

for $2,245,000. This 8,100 square foot home was built in 1961.

Property Information

  • $2,245,000
  • Multi-Family
  • 8,100 Square Feet
  • Taxes are $13,000
  • Multi Units
  • Active
  • Built in 1961
  • Des Moines, WA
  • Central Des Moines Neighborhood
  • King County
  • MLS/Web ID is 1334850
  • Price Reduced

Description

List price reduced - New Cap rate at 5.75%. Completely renovated 12-unit building - includes new flooring, cabinetry, carpet, windows, roof, laundry room, all new appliances, electrical panels, and parking lot. Current rents are rising substantially and South King County markets have not peaked. This stabilized building is a great candidate for a 1031 exchange buyer.

Interior 6

Appliances

  • Coin Operated Washer/Dryer

Flooring

  • Laminate Wood

Heating Source

  • Electric

Heating System

  • Baseboard

Sewer

  • Sewer

Water Source

  • Public Water

Exterior 7

Construction

  • Brick

Exterior

  • Patio

Fence

  • Partial

Foundation

  • Concrete

Parking

  • Parking Spaces - multiple

Roof

  • Flat Roof

Zoning

  • Multi-Family
  • Other

Miscellaneous 1

Utilities

  • TV-Cable

† Excluded Feature

Neighborhood & Schools

Community: Des Moines
School District: Highline

 See complete school information

Listed By

Listing Agent: Ethan Szmania
Broker: THE FOUNDATION GROUP LLC

22415 30th Ave S , Des Moines, WA, 98198 is a Multi-Family Home for sale at $2,245,000 with 8,100 sqft. 22415 30th Ave S has 0.0 baths and was built in 1961. The property's zip code is 98198 which is in Des Moines, WA

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Pricing History

Date Price Price Change Description
8/14/2018 $2,245,000 -2.18 % Price Change
7/25/2018 $2,295,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Des Moines $699,775 69 % below $467,500 79 % below
Multi-family listings in Des Moines $2,245,000 0 % below $2,245,000 0 % below

Get the facts about Des Moines, WA!

Population 31,133
Population Growth (since 2000) 4 %
Median Income $61,286
Median Age 40.24
Households w/ Children 28 %

Residential Dwellings

  • Owned 7430
  • Vacant 890
  • Rented 4809

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363