24029 24th Avenue S, Des Moines, WA 98198

Des Moines
Local realty services provided by:ERA Skyview Realty
Listed by: maggie sun
Office: keller williams rlty bellevue425-454-0911
MLS#:2542088
Source:NWMLS
24029 24th Avenue S,Des Moines, WA 98198
$699,000
  • - Beds
  • - Baths
  • 2,650 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$699,000
  • Price per sq. ft.:$263.77

About this home

Exceptional opportunity for homeowners and investors alike! This versatile 5-bedroom, 4.5-bath property offers strong income potential, flexible living arrangements, and future development possibilities on a generous lot. With separate entrances for both levels, it's ideal for multigenerational living, owner-occupants seeking rental income, or savvy investors. The main level features a gourmet kitchen, spacious living areas, and three generously sized bedrooms with two full bathrooms. The lower level offers multiple income-producing units, each with its own bathroom, while the larger unit includes a full kitchen. Currently partially rented on a month-to-month basis, the property has the potential to generate approximately $6,000 per month in rental income, including about $3,000 from each level. With a projected cap rate approaching 6%, this is a rare investment opportunity in a desirable location. Situated on a large lot surrounded by established single-family homes and attractive...

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Home facts

  • Year built:1959
  • Subdivision & Development:Des Moines
  • Listing ID #:2542088
  • Updated:November 15, 2026 at 01:32 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:2,650 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1959
  • Building area:2,650 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck, Dog Run, Fenced-Partially, Patio

Schools

  • High school:Mount Rainier High
  • Middle school:Pacific Mid
  • Elementary school:Parkside Primary

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$263.77
  • Tax amount:$8,499 (2026)

Features and amenities

  • Amenities:Cable TV, Electric Car Charging, High Speed Internet

Parking

  • Total parking spaces:10
  • Parking description:RV Parking
  • Garage:Yes
  • Garage spaces:1
  • Carport spaces:1
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