Property Details
21903 -05 30th Avenue S
Des Moines, WA 98198
$598,000
Pending Inspection
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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
