Great opportunity to own this income producing Triplex in Des Moines. Built in 1985, this property is nestled in a desirable rental neighborhood that is stones throw away from Highline College and close to parks, freeway, airport & the upcoming Light Rail Station! 2 bed/1.75 baths units with all appliances included. Top units with vaulted ceiling, skylights and patio deck. 2 units have been updated + 1 unit with Sound views! 4 car individual garages and plenty of guest & street parking. Excellent cash flow for your portfolio. Drive by only please!
Sold
Listed by: Redfin
Bought with: Skyline Properties, Inc.
$908,000
2605 S 240th Street, Des Moines, WA 98198
--beds
--baths
3,160sqft
Multi Family
Built in 1985
-- sqft lot
$887,400 Zestimate®
$287/sqft
$2,182 Estimated rent
Home value
$887,400
$843,000 - $932,000
$2,182/mo
Zestimate® history
Owner options
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$2,182/mo
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$2,182/mo
Rent Zestimate®
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$5,475/mo
Est. payment
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$5,475/mo
Est. payment
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List your homeWhat's special
Patio deckVaulted ceilingClose to parks
Zillow last checked:
Listing updated:
Listed by:
Andrew Maglalang-Weakley,
Redfin
Bought with:
Gianni Thi Dang, 21036879
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2127063
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 3,160
- Total interior livable area: 3,160 sqft
Property
Parking
- Total spaces: 4
- Covered spaces: 4
Features
- Patio & porch: Laminate, Wall to Wall Carpet
- Has view: Yes
- View description: Partial, Territorial
Lot
- Size: 7,954 sqft
- Features: Corner Lot, Curbs, Paved, Sidewalk, Deck, Fenced-Partially, High Speed Internet
Details
- Parcel number: 3603600110
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1985
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Midway
- Water: Public, Company: Higline
Green energy
- Energy efficient items: Thermal Windows
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Des Moines
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 990 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2023 | Sold | $908,000-1.8%$287/sqft |
Source:  NWMLS as distributed by MLS GRID #2127063 Report a problem | ||
| 6/18/2023 | Pending sale | $925,000$293/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2127063 Report a problem | ||
| 6/15/2023 | Listed for sale | $925,000+37%$293/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2127063 Report a problem | ||
| 8/14/2020 | Sold | $675,000$214/sqft |
Source: NWMLS as distributed by MLS GRID #1577369 Report a problem | ||
| 7/9/2020 | Pending sale | $675,000$214/sqft |
Source: Newberry Realty, Inc. #1577369 Report a problem | ||
| 7/3/2020 | Price change | $675,000+3.8%$214/sqft |
Source: Newberry Realty, Inc. #1577369 Report a problem | ||
| 3/24/2020 | Pending sale | $649,995$206/sqft |
Source: Newberry Realty, Inc. #1577369 Report a problem | ||
| 3/13/2020 | Listed for sale | $649,995$206/sqft |
Source: Newberry Realty, Inc. #1577369 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,064 +15.7% | $788,000 +10.2% |
| 2024 | $8,699 +7.8% | $715,000 +11.4% |
| 2023 | $8,068 -0.1% | $642,000 -7.9% |
| 2022 | $8,076 +11.5% | $697,000 +27.4% |
| 2021 | $7,241 +7.9% | $547,000 +14.2% |
| 2020 | $6,709 +4.7% | $479,000 +3.9% |
| 2019 | $6,405 +25.3% | $461,000 +18.5% |
| 2018 | $5,110 -4.9% | $389,000 +10.8% |
| 2017 | $5,372 +43.2% | $351,000 +21.5% |
| 2016 | $3,752 | $289,000 +9.5% |
| 2015 | $3,752 | $264,000 +7.3% |
| 2014 | $3,752 | $246,000 +3.1% |
| 2013 | $3,752 | $238,700 +0.1% |
| 2012 | -- | $238,500 |
| 2011 | -- | $238,500 -10.8% |
| 2010 | -- | $267,500 |
| 2009 | -- | $267,500 +12.5% |
| 2007 | -- | $237,700 +16.1% |
| 2006 | -- | $204,800 +5.3% |
| 2005 | -- | $194,500 +16.7% |
| 2001 | $2,316 +1.8% | $166,700 +8.2% |
| 2000 | $2,275 | $154,000 |
Find assessor info on the county website
Neighborhood: South Des Moines
Nearby schools
GreatSchools rating
- 2/10Parkside Elementary SchoolGrades: PK-5Distance: 0.5 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
$887,400
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
$887,400
- Washington
- King County
- Des Moines
- 98198
- South Des Moines
- 2605 S 240th Street
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Nearby neighborhoods
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