24029 24th Avenue S

Des Moines, WA
$ 759,000 Beds 5 Baths 5 Sq 2,650 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 759,000
  • City
  • Des Moines
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • KING
  • Half Bathrooms
  • 0
  • Area
  • Des Moines-Redondo
  • Lot Size
  • 0.316 Acres
  • Zip
  • 98198
  • Sqr Footage
  • 2,650
  • Year Built
  • 1959
  • Taxes
  • $ 8498
  • Style
  • Multi Level
  • MLS#
  • 2542068
Listed By: Keller Williams Rlty Bellevue and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Maple Falls, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Parkside Primary Elementary School
Middle School Pacific Mid
High School Mount Rainier High

Price History

6/19/2026 Listed $799,000
8/1/2026 6% - $759,000

Property vs Zip Code Average in 98198

Price
AVG $800K
$760K
Taxes
AVG $6,590
$8,498
Year Built
AVG 1978
1959
Visits
AVG 317
385
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

24029 24th Avenue S Des Moines, WA is a Single Family Home for sale at $759000 with 2650 sqft and a lot size of 0.316 Acres Acre(s). 24029 24th Avenue S Des Moines has 5 bedrooms, 5 baths and was built in 1959. The property's zip code is 98198 which is in Des Moines, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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