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JRJeff ReynoldsCompass · Seattle
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Listed by Jeff Pollock, Skyline Properties, Inc.

3,600
Square feet
$222
Per sq ft
Multi Family
Type
1978
Year built
6,704 sq ft
Lot
0
Days on market

About this property

Rare opportunity to acquire a well-maintained 4-plex in one of Des Moines' most desirable rental locations! This fully occupied property features four spacious 2-bedroom, 1-bath units totaling 2,976 rentable square feet, providing consistent cash flow with excellent upside through future rent increases. Property amenities include on-site credit based operated laundry for additional income, individual tenant storage, eight off-street parking spaces, a fully fenced yard, thermal windows, and a durable composition roof. Conveniently located just minutes from Sea-Tac Airport, Highline College, shopping, dining, public transit, the Des Moines Marina, and major commuter routes, ensuring strong tenant demand. A turnkey investment with value-add potential and an outstanding addition to any real estate portfolio. Buyer to verify all information to their satisfaction.

Location & commute

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Directions

Property details

Listing details

Listing number
#2551473
Listed
July 17, 2026
Days on market
0
Price per sq ft
$222

Unit & building

Stories in building
2
Units in building
4

Parking

Total spaces
8

Views

View
Territorial

Construction

Year built
1978
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
Paved
Lot size
6,704 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Highline
Sewer
Highline
Power
PSE

Schools

District
Highline
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • Territorial
  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl
  • Carpet
  • Paved
  • Cash
  • Conventional
  • FHA

Listing history

  1. Listed

    $798,500

    July 17, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,650

Principal & interest
$4,038
Property tax (est.)
$612

Assumes $159,700 down (20%), a $638,800 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 17, 2026 at 8:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.