Views
Address
21614 29th Avenue S, Des Moines, WA
Price
$ 1,095,000
Property Attributes
- ID#2577632
- TypeMulti-Family
- CountyKING
- CityDes Moines
- AreaDes Moines-Redondo
- NeighborhoodDes Moines
- Zip98198
- Style4-Plex
- Year Built1976
- Taxes$ 10189
- Price$ 1,095,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3730
- Lot Size0.1963 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School |
|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School |
| Price History | |
|---|---|
| 9/9/2026 | Listed $1,095,000 |
General Features
| Sewer | Available,Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | See Remarks |
| Possession | Closing,See Remarks |
| Roof | Composition |
| 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 | No |
| Property Type | Residential Income |
| HOA | No |
| 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 | No |
| 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 Y/N | No |
| Listing Terms | Cash,Conventional,FHA,See Remarks,VA Loan |
| Elementary School | Buyer To Verify |
| Tax Annual Amount | 10189 |
| Electric Expense | 340 |
| 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 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Laminate,Vinyl,Vinyl Plank,Carpet |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| 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 | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio |
| Parking Uncovered Total | 7 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98198
Price
Taxes
Year Built
Visits
