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.
Active
Listed by:
Brian Richardson,
Kidder Mathews,
Dan S. Swanson,
Kidder Mathews
$1,100,000
24021 25th Avenue S, Des Moines, WA 98198
8beds
4baths
4,050sqft
Est.:
Quadruplex
Built in 1967
-- sqft lot
$-- Zestimate®
$272/sqft
$-- HOA
What's special
- 47 days |
- 314 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 03:14pm
Listed by:
Brian Richardson,
Kidder Mathews,
Dan S. Swanson,
Kidder Mathews
Source: NWMLS,MLS#: 2447388
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 4,050
- Total interior livable area: 4,050 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,576.37 Square Feet
- Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 3600600040
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Products
- Foundation: Concrete Ribbon
- Roof: Composition,Flat,Torch Down
Condition
- Year built: 1967
- Major remodel year: 1992
Utilities & green energy
- Sewer: Sewer Connected
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Des Moines
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $878,000
- Annual tax amount: $10,529
- Date on market: 10/23/2025
- Cumulative days on market: 57 days
- Listing terms: Cash Out,Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listed for sale | $1,100,000+103.7%$272/sqft |
Source:  NWMLS #2447388 Report a problem | ||
| 12/27/2019 | Listing removed | $1,350 |
Source: Vista Property Management Report a problem | ||
| 11/15/2019 | Price change | $1,350-1.8% |
Source: Vista Property Management Report a problem | ||
| 10/14/2019 | Listed for rent | $1,375 |
Source: Vista Property Management Report a problem | ||
| 4/11/2017 | Sold | $540,000$133/sqft |
Source: NWMLS #896556 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,529 -0.4% | $878,000 +3.5% |
| 2023 | $10,575 +4.7% | $848,000 -3.1% |
| 2022 | $10,097 -0.6% | $875,000 +12.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,546/mo
Principal & interest
$5409
Property taxes
$752
Home insurance
$385
Climate risks
Neighborhood: South Des Moines
Nearby schools
GreatSchools rating
- 4/10Parkside Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Pacific Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Mount Rainier High SchoolGrades: 9-12Distance: 1 mi
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