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JRJeff ReynoldsCompass · Seattle

Listed by Adisu Fanta, eXp Realty

3,730
Square feet
$282
Per sq ft
Multi Family
Type
1976
Year built
8,550 sq ft
Lot
44
Days on market

About this property

Steady cash flow meets tenant-favorite amenities in this well-maintained Des Moines fourplex! Built in 1976, the 3,740-square-foot property offers four spacious 2-bedroom, 1-bath units — each with its own washer/dryer, dishwasher, refrigerator, range, garbage disposal, and wood-burning fireplace, the kind of features that keep quality tenants renewing year after year. The two upper units (approx. 930 SF) offer large private decks, while the two lower units (approx. 830 SF) open onto a shared patio and fenced backyard, and select units capture partial territorial and Puget Sound views. Seven off-street parking spaces, public utilities, sidewalked street frontage, and quick access to I-5, Highway 99, schools, and everyday conveniences round out this well-positioned, income-ready asset in one of South King County's most in-demand rental markets. Only one unit is currently occupied, giving the new owner a unique opportunity to hand-select tenants and set market-rate rents on the remaining three. Contact the listing agent for showing access and any questions.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the Des Moines/Redondo area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2577632
Listed
September 9, 2026
Days on market
44
Price per sq ft
$282
Original list price
$1,095,000

Unit & building

Stories in building
2
Units in building
4

Parking

Total spaces
7

Views

View
Territorial

Construction

Year built
1976
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
See Remarks
Energy source
Electric

Flooring

Flooring
LaminateVinylVinyl PlankCarpet

Lot

Lot features
PavedSidewalk
Lot size
8,550 sq ft

Terms

Terms offered
CashConventionalFHASee RemarksVA Loan

Utilities

Water
city of Des Moines
Sewer
city of Des Moines
Power
PSE

Schools

District
Highline
Elementary
Buyer To Verify
Middle
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Quadruplex
  • Composition
  • Baseboard
  • See Remarks
  • Electric
  • Laminate
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $1,095,000

    September 9, 2026

  2. Current price

    $1,050,000

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

$6,114

Principal & interest
$5,309
Property tax (est.)
$805

Assumes $210,000 down (20%), a $840,000 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 October 24, 2026 at 10:45 AM 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.