Property Details

21903 -05 30th Avenue S
Des Moines, WA 98198
$598,000
MLS# 2523805 courtesy of NWMLS Listing firm: Town & Country Brokers Inc

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21903 -05 30th Avenue S, Des Moines, WA 98198, Des Moines

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21903 -05 30th Avenue S, Des Moines, WA 98198, Des Moines

1 / 38
Multi-Family
Property Type
1,270
Bldg Sq Ft
2
Units
6.25%
Cap Rate
1965
Year Built

Property Overview

RARE DUPLEX for sale in this area! SELLER PROVIDES 1YR HOME WARRANTY ORHWP- Live in One Side & the other side is already rented for AFFORDABLE LIVING! Great location 2 Blocks from Midway Park, Hidden Gem in the Pacific Ridge Neighborhood. Park has trails, Sport Court, Community Gardens, & Playground & more! 21903 Unit-Awesome 2 Bedroom, 1 bath with 2nd Door into Bath from Master Bedroom. Just Remodeled with high end finishes! New LVP Floor, Luxury Quartz Counters in Kitchen & Bath, Custom sinks, faucets & hardware. Designer colors make the design feel like a High End Condo! All New Cabinets, New GE Stainless Appliances- Including Microwave, Stove, Fridge & Dishwasher. New Hot Water Heater, & everything else in the unit was upgraded. Crawlspace was cleaned out, new insulation & vapor barrier too! Roof has new 60 Mil TPO in 2023, New Gutters and downspouts too! Upgraded Electric panels in both units. Each unit has Washer & Dryer hookups W/storage unit. Large Spacious carport to keep your car out of the weather & for easy unloading. Back decks are a great outdoor space too! Brand New Privacy fence on both back yards for your own private oasis. 21905 Unit- Previously remodeled but not to the same degree. New floors, painted cabinets, upgraded electrical & many other things upgraded as well & is currently rented for $1675/mo+ $125/mo Water & sewer fee on month to month agreement. This is a Great Investment Opportunity in this area as well @ 6.25% CAP RATE projected!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending Inspection
County King
Neighborhood Des Moines
Listed Jun 5, 2026
Structure Type Duplex
Parcel Number 7827200040

Tax & HOA

Annual Property Tax $5,568 (2026)
Est. Monthly Tax $464/mo

Financial Summary

Cap Rate 6.25%
Net Operating Income $37,492
Gross Scheduled Income $47,940
Gross Rent Multiplier 12.52
Total Expenses $10,448

Building & Use

Building Sq Ft 1,270
Leasable Area 1,270 sqft
Total Units 2
Lot Size 7,418 sqft
Year Built 1965

Exterior & Lot

Lot Size 0.17 sqft
Year Built 1965
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Corner Lot, Paved
Exterior Features Wood

Community & Access

Directions FROM HYW 99 go east on 220th and then left on 30th ave s and destination will be on left side.

Location

City Des Moines
County King
Coordinates 47.40565, -122.29521

Additional Information

Tax Year 2026
Annual Taxes $5,568
Possession Array
Listed By
John Brink
Town & Country Brokers Inc

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