Des Moines, WA 98198 21608 30th Avenue S
$1,600,000
17 more
Presented By: Homeland Real Estate Services and NWMLS
- MLS# 2349579
- 03/27/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 4,452
Home Details
This 4plex fully renovated in 2021, this well kept 4plex is a Prime Investment opportunity. Each one of the 4-unit is a 3 bedroom 2 bath 1 fireplace boasted with updated kitchen with quartz countertop and cabinets, stylish tile floor for easy maintenance and new interior paint. Each unit also featured convenient in-unit washer and dryer, ensuring long-term desirability for renters. New windows and patio doors. With less than 1% vacancy rate and $11,120 in total monthly income, you’ll enjoy a robust positive cash flow net operating income. This property is a solid long-term investment that will allow you to qualify for conventional loan rate instead of commercial rate. Don’t miss out this cash-flow gem, a perfect addition to your portfolio.
Presented By: Homeland Real Estate Services and NWMLS
Interior Features for 21608 30th Avenue S
Bedrooms
Bedrooms Possible12
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 21608 30th Avenue S
Assoc Fee Paid PerNot Applicable
Building Area UnitsSquare Feet
Building NameGem The Add To Des Moines
Cap Rate6.69
Carport Spaces
Carport Y/NNo
CityDes Moines
CoolingNone
CountyKing
DirectionsI-5 Exit 152, South on 99 (Int’l Blvd) to 216th Ave S. East on 216th, 3 blks to 30th Ave S. Right at 30th, the 4plex om the corner/
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictHighline
Insurance Expense3933.86
Leasable Area4452
Listing TermsCash Out, Conventional
Lot Size Square Feet9690
Lot Size UnitsSquare Feet
MLS Area120 – Des Moines/Redondo
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-09T19:58:10.639Z
NWM_ShowMapLinkY
Net Operating Income107177
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8
PossessionSubject to Tenant Rights
Possible UseMulti-Family
Property ConditionVery Good
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis 4plex fully renovated in 2021, this well kept 4plex is a Prime Investment opportunity. Each one of the 4-unit is a 3 bedroom 2 bath 1 fireplace boasted with updated kitchen with quartz countertop
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive Under Contract
StatusContingent
Structure TypeQuadruplex
Subdivision NameDes Moines
Tax Annual Amount11908.18
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water CompanyHighline Water
Water Sewer Garbage9700
Year Built1988
Zoning DescriptionMulti-Family
Exterior for 21608 30th Avenue S
Building Area Total4452
Covered Spaces
Exterior AmenitiesCement Planked, Wood
Irrigation Water Rights Y/NNo
Lot Dimensions9690
Lot FeaturesCorner Lot
Lot Number28-29-30
Lot Size Acres0.2225
Parking Uncovered Spaces8
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Buyer To Verify Elementary School
High School
Buyer To Verify High School
Middle School
Buyer To Verify Middle School
Josh QA1
REALTOR ® SRES ®