Address
24029 24th Avenue S, Des Moines, WA
Price
$ 759,000
Property Attributes
- ID#2542068
- TypeSingle Family
- CountyKING
- CityDes Moines
- AreaDes Moines-Redondo
- NeighborhoodDes Moines
- Zip98198
- StyleMulti Level
- Year Built1959
- Taxes$ 8498
- Price$ 759,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2650
- Lot Size0.316 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Parkside Primary Elementary School | Pacific Mid | Mount Rainier High |
| Price History | |
|---|---|
| 6/19/2026 | Listed $799,000 |
| 8/1/2026 | 6$759,000 |
General Features
| Living Area | 2650 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard,Wall Furnace |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Fully Fenced |
| Year Built | 1959 |
| View | Mountains,Sound,Territorial |
| Levels | Multi/Split |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Building Name | Puget Sound Park To Des Moines |
| County | King |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Des Moines |
| Garage Y/N | Yes |
| Full Baths | 3 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | On HWY 99,west on S 240th St then south on 24th Ave S to the property on the west side of the road. |
| High School | Mount Rainier High |
| City | Des Moines |
| Senior Community Y/N | No |
| High School District | Highline |
| MLS Area | 120 - Des Moines/Redondo |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 13765 |
| Carport Y/N | Yes |
| Listing Terms | Cash,Conventional |
| Elementary School | Parkside Primary |
| Land Lease Y/N | No |
| Tax Annual Amount | 8498.64 |
| Middle/Junior High School | Pacific Mid |
| Property Condition | Average |
| Public Remarks | 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 |
| Virtual Tour | https://my.matterport.com/show/?m=dLKb74tCdwi&mls=1 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Highline |
| Property Style | 15 - Multi Level |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Fireplace |
|---|---|
| Basement | Finished |
| Flooring | Laminate,Vinyl,Carpet |
| Total Fireplaces | 2 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| 3/4 Baths | 2 |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 3 |
| Total Baths | 5 |
| Fireplaces Main | 1 |
| Fireplaces Lower | 1 |
| Power Production Type | Wood |
| Baths Three Quarter Lower | 1 |
| Baths Three Quarter Main | 1 |
| Bedrooms Lower | 2 |
| Baths Full Main | 2 |
| Baths Full Lower | 1 |
| Bathrooms | 4.5 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Parking Features | Detached Carport,Driveway,Attached Garage,Off Street |
| Lot Features | Paved,Sidewalk |
| Water Source | Public |
| Total Parking | 4 |
| Inclusions | Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 2650 |
| Lot Size Acres | 0.316 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Deck,Dog Run,Fenced-Fully,High Speed Internet |
| Parking Uncovered Total | 4 |
| Lot Number | 16 THRU 18 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98198
Price
Taxes
Year Built
Visits
In The Neighborhood
Open House
Des Moines
$ 899,950
- Type
- Single Family | Active
- Size
- 3,320 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: Skyline Properties, Inc.
Des Moines
$ 439,500
- Type
- Single Family | Active
- Size
- 740 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Coldwell Banker Bain
Des Moines
$ 699,000
- Type
- Single Family | Active
- Size
- 2,116 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: Coldwell Banker Danforth
Des Moines
$ 1,399,950
- Type
- Single Family | Active
- Size
- 3,788 SqFt
- Rooms
- 6 Beds + 4.5 Baths
Listed by: Nations Realty, LLC
Des Moines
$ 559,000
- Type
- Single Family | Active
- Size
- 2,400 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: eXp Realty
SeaTac
$ 539,500
- Type
- Single Family | Active
- Size
- 1,330 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Best Choice Network LLC
Des Moines
$ 285,000
- Type
- Single Family | Active
- Size
- 1,138 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Listed by: Coldwell Banker Danforth
Des Moines
$ 575,000
- Type
- Single Family | Active
- Size
- 1,480 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: eXp Realty
Des Moines
$ 749,950
- Type
- Single Family | Active
- Size
- 2,560 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: The Amber Bills Group
Des Moines
$ 729,950
- Type
- Single Family | Active
- Size
- 1,960 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: John L. Scott R.E. Lake Tapps
Des Moines
$ 809,950
- Type
- Single Family | Active
- Size
- 2,140 SqFt
- Rooms
- 5 Beds + 2.5 Baths
Listed by: Realty One Group Bold
Open House
Des Moines
$ 949,000
- Type
- Single Family | Active
- Size
- 4,280 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: John L. Scott Des Moines
