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.
Sold
Listed by: Kidder Mathews
Bought with: RSVP Brokers ERA
$1,030,000
24021 25th Avenue S, Des Moines, WA 98198
8beds
4baths
4,050sqft
Multi Family
Built in 1967
-- sqft lot
$1,011,500 Zestimate®
$254/sqft
$2,052 Estimated rent
Home value
$1,011,500
$931,000 - $1.09M
$2,052/mo
Zestimate® history
Owner options
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$2,052/mo
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$2,052/mo
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$6,210/mo
Est. payment
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$6,210/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brian Richardson,
Kidder Mathews,
Dan S. Swanson,
Kidder Mathews
Bought with:
Martha Zahuita, 76692
RSVP Brokers ERA
Fernando Zahuita, 25026586
RSVP Brokers ERA
Source: NWMLS as distributed by MLS GRID,MLS#: 2447388
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 sqft
- 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: Multi Family
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 & neighborhood
Location
- Region: Seattle
- Subdivision: Des Moines
Other
Other facts
- Listing terms: Conventional,VA Loan
- Cumulative days on market: 108 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Sold | $1,030,000-1.9%$254/sqft |
Source:  NWMLS as distributed by MLS GRID #2447388 Report a problem | ||
| 1/29/2026 | Pending sale | $1,050,000$259/sqft |
Source: NWMLS as distributed by MLS GRID #2447388 Report a problem | ||
| 1/21/2026 | Price change | $1,050,000-4.5%$259/sqft |
Source: NWMLS as distributed by MLS GRID #2447388 Report a problem | ||
| 10/24/2025 | Listed for sale | $1,100,000+103.7%$272/sqft |
Source: NWMLS as distributed by MLS GRID #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 as distributed by MLS GRID #896556 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,984 +4.3% | $862,000 -1.8% |
| 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% |
| 2021 | $10,163 -0.4% | $777,000 +4.9% |
| 2020 | $10,199 +5.5% | $741,000 +4.7% |
| 2019 | $9,669 +38.6% | $708,000 +31.6% |
| 2018 | $6,978 +1.7% | $538,000 +19.3% |
| 2017 | $6,861 +33.2% | $451,000 +15.1% |
| 2016 | $5,150 | $392,000 |
| 2015 | $5,150 | $392,000 +14.6% |
| 2014 | $5,150 | $342,000 -9.5% |
| 2013 | $5,150 | $378,000 +9.2% |
| 2012 | -- | $346,000 -11.3% |
| 2011 | -- | $390,000 -0.5% |
| 2010 | -- | $392,000 |
| 2009 | -- | $392,000 +3.4% |
| 2007 | -- | $379,000 +18.8% |
| 2006 | -- | $319,000 +28.1% |
| 2005 | -- | $249,000 +12.2% |
| 2001 | $3,042 +19.3% | $222,000 +28.7% |
| 2000 | $2,550 | $172,500 |
Find assessor info on the county website
Neighborhood: South Des Moines
Nearby schools
GreatSchools rating
- 2/10Parkside Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Pacific Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Mount Rainier High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,011,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,011,500
- Washington
- King County
- Des Moines
- 98198
- South Des Moines
- 24021 25th Avenue S
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