Des Moines 4-Plex

For Sale

24216 26th Pl S, Des Moines, WA 98198

This Des Moines property for sale is located at 24216 26th Pl S. The current listed sale price for Des Moines 4-Plex is $1,050,000. Des Moines 4-Plex is situated on a lot that is 0.23 acre in size.

Contacts

broker

Kyle Graff

NAI Puget Sound Properties

(206) 332-1494

Property Details

  • Property Type Multi-Family
  • Property Size 4,160 SF
  • Units 4
  • Lot Size 0.23 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1988
  • Date Updated Dec 19, 2023
Located in Des Moines, this 4-Plex offers a unique blend of location advantages that include economic diversity and growth potential. Its unique location between Seattle and Tacoma has led to an influx of residents seeking convenient commutes to major employment centers in both cities. This accessibility has made Des Moines particularly attractive to professionals and families looking to maintain a high quality of life with its waterfront location, scenic views, parks, and recreational opportunities while still remaining affordable.Des Moines 4-Plex Available For Sale

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Highlights

  • PARCEL #: 360300-0310
  • TOTAL UNITS: 4
  • YEAR BUILT: 1988
  • SQUARE FEET: 4,160 SF
  • LOT SIZE: 10,000 SF
  • PRICE PER UNIT: $262,500
  • PRICE PER FOOT: $252.40
  • CURRENT GRM/CAP: 11.63/5.02%
  • MARKET GRM/CAP: 9.92/7.66%
  • ZONING: RM-2400
  • Brand new roof in 2023
  • Value-add opportunity: below-market rents and renovation opportunity
  • Quick access to major freeways and public transportation
  • Attractive 2 bed 2 bath units featuring private balconies and in-unit laundry
  • Walking distance to Highline Community College

Attachments

Getting around

  • 64/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Des Moines, WA
  • Neighborhood South Des Moines
  • Zip Code 98198
  • Market Seattle

Points of Interest

  • Angle Lake

    2.64 miles

  • Kent

    3.10 miles

  • S Station

    3.79 miles

  • B Station

    3.93 miles

  • A Station

    3.98 miles

  • Capital Aeroporter Airport Shuttle

    4.11 miles

  • D Station

    4.20 miles

  • SeaTac/Airport

    4.23 miles

  • C Station

    4.28 miles

  • N Station

    4.44 miles

  • Arco

    0.18 miles

  • Chevron

    0.21 miles

  • Blink

    0.38 miles

  • Fred Meyer Fuel Stop

    0.72 miles

  • Shell

    0.74 miles

  • ChargePro

    0.79 miles

  • Chevron

    1.04 miles

  • Sun Mart

    1.69 miles

  • Safeway

    1.73 miles

  • 76

    1.78 miles

  • Admin Parking Lot

    0.20 miles

  • South Parking Lot

    0.25 miles

  • East Parking Lot

    0.30 miles

  • North Parking Lot

    0.41 miles

  • Greenside Parking

    0.52 miles

  • Resident Parking

    0.65 miles

  • Rental Office Parking

    0.70 miles

  • Kent-Des Moines Park & Ride

    0.75 miles

  • Future Resident Parking

    1.41 miles

  • Green River Trail Parking

    1.45 miles

  • Crossland Economy Studios - Seattle/Kent/Des Moines

    0.54 miles

  • New Best Inn

    0.59 miles

  • Garden Suites

    0.84 miles

  • Four Points by Sheraton Seattle Airport South

    1.13 miles

  • Valu Inn Sea Tac

    1.24 miles

  • Motel Travel Inn

    1.25 miles

  • The Legend Motel

    1.31 miles

  • West View Motel

    1.64 miles

  • The Vista Del Mar Bungalows

    1.65 miles

  • Marina Inn

    1.69 miles

  • Del*Rio Supermarkets

    0.36 miles

  • The Market at La Plaza

    0.60 miles

  • Fred Meyer

    0.69 miles

  • Bombay-Fuji Bazaar

    0.70 miles

  • Baghdad Halal Market

    0.86 miles

  • Grocery Outlet

    1.17 miles

  • Safeway

    1.80 miles

  • Babylon Halal Food

    2.07 miles

  • Big Lots

    2.35 miles

  • Don Chanos Tienda

    2.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kyle Graff

NAI Puget Sound Properties

(206) 332-1494