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24021 25th Avenue S

Des Moines, WA 98198
  • $1,100,000
  • STATUS: Active
  • MLS #: 2447388
UPDATED: 60 min ago
$1,100,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,050
    SQFT
  • $272
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Kidder Mathews.
Mortgage Calculator is provided by BoomTown.

Description

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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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-07T16:16:08.89. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-07T16:16:08.89. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.communityrealestategroup.com/homes/169224174
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24021 25th Avenue S Des Moines, WA 98198

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 60 min ago
  • MLS #: 2447388
0
Beds
0
Baths
0
½ Baths
0.24
Acres
4,050
SQFT
$272
$/SQFT
1967
Built
Neighborhood:
Des Moines
County:
King
Area:
120 - Des Moines/Redondo
School District:
Highline
Property Description
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.
Exterior Features

Carport Spaces 0 Carport YN No Construction Methods Standard Frame Covered Spaces 0 Exterior Features Wood Products Lot Features PavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof CompositionFlatTorch Down Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 4050 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateCarpet Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Thermal Windows Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Concrete Ribbon Green Energy Efficient Thermal Windows Irrigation Water Rights YN No Listing Terms Cash OutConventionalVA Loan Net Operating Income 65798 New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Multi Family Security Features Partially Fenced Senior Community YN No Sewer Sewer Connected Site Features Cable TVDeckFenced-PartiallyHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 10529 Tax Year 2025 Units In Building Total 4 Year Built Effective 1992 Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-07T16:16:08.89. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-07T16:16:08.89. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Kidder Mathews.
Mortgage Calculator is provided by BoomTown.