USAWADes MoinesDes Moines24029 24Th Avenue S
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New
Open House
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$799,000

For Sale

21 hours ago

24029 , Des Moines, WA

House

MLS® 2542068

5 Bed

5 Bath

2650 sqft

4 Parking

Open House
Sun Jun 21, 12:00-2:00 PM PDT
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2650 sqft
Garage Yes
Taxes $8,499
Days Active 0
Lot Size 0.316 Acres
Approx. Age 1959
Avg. Price Per Sqft $301
MLS® Number 2542068

Property Address: 24029 24th Avenue S, Des Moines, WA, 98198

Average square foot calculated using Size range provided by listing agent.

Description

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 new construction, the property offers immediate cash flow and long-term upside. Explore the potential to build your dream home while collecting rental income from the existing residence. Also listed as a duplex, this unique offering provides exceptional flexibility and value. Conveniently located within walking distance to the light rail station, with easy access to shopping, dining, and major employment centers, this is an opportunity you won't want to miss.
MLS® Number2542068
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1959
BasementFinished
DrivewayDetached Carport, Driveway, Attached Garage, Off Street
Garage Spaces
HeatBaseboard, Wall Furnace
A/CNone

Extras

Rooms

Change to metres

Other:Lower LevelNot available
Other:Lower LevelNot available
Other:Lower LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
24029 , Des Moines, WA

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