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$1,100,000

  • For Sale
  • Active
  • Multi-Family

Listed by Brian Richardson | Kidder Mathews | (360) 705-2800 and Dan Swanson | Kidder Mathews | (360) 705-2800

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Prime Des Moines Fourplex offering strong upside! Located near Highline College, I-5, and future light rail, this 4-unit property features large 1,000 SF units with rents estimated to be over 15% below market. This property is surrounded by growing amenities and major employers making this is an excellent opportunity to secure a stable income asset with below market rents in a high demand market with long-term appreciation potential.

Full Property Details for 24021 25th Ave S

General

  • Price: $1,100,000
  • Taxes: $10,529 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2447388
  • Updated: 10/24/2025
  • Added to Site: 85 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 4

Location

  • Area: 120 - Des Moines/Redondo
  • County: King
  • Subdivision: Des Moines
  • Driving Directions: From Hwy 99 drive west toward the Puget Sound on 240th Street this quad plex is on 25th Ave S

School Information

  • High School District: Highline

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood Products
  • Foundation: Concrete Ribbon
  • Roof: Composition, Flat, Torch Down
  • Stories in Building: 2
  • Square Feet: 4,050
  • Year Built: 1967

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.2428
  • Lot Size (Sq. Ft.): 10,575
  • Lot Size Source: Public Record
  • Lot Features: Paved, Sidewalk

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $10,529
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3600600040

Listed by Brian Richardson | Kidder Mathews | (360) 705-2800 and Dan Swanson | Kidder Mathews | (360) 705-2800

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 24021 25th Ave S

School District:Highline School District
NameGradesDistance
Parkside Elementary School, Des Moines, WA
2104 South 247th Street, Des Moines, WA 98198
K-50.4 mi
Pacific Middle School, Des Moines, WA
22705 24th Ave S, Des Moines, WA 98198
6-80.9 mi
Mount Rainier High School
22450 19th Avenue South, Des Moines, WA 98198
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 24021 25th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/24/2025
Listed
$1,100,000
103.7%
MLS
4/05/2017
Sold
$540,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 24021 25th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,575
—
$878,000
—
2024
$10,575
5%
$875,000
—
2022
$10,097
-1%
$875,000
13%
2021
$10,199
—
$777,000
5%
2021
$10,199
5%
$741,000
5%
2020
$9,669
39%
$708,000
32%
2019
$6,978
2%
$538,000
19%
2018
$6,861
15%
$451,000
15%
2017
$5,948
2%
$392,000
—
2016
$5,822
13%
$392,000
15%
2015
$5,150
-13%
$342,000
-10%
2014
$5,936
—
$378,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 24021 25th Ave S

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Listed by Brian Richardson | Kidder Mathews | (360) 705-2800 and Dan Swanson | Kidder Mathews | (360) 705-2800

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24021 25th Avenue S, Des Moines, WA 98198 (MLS# 2447388) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 24021 25th Avenue S is currently listed for $1,100,000 and was received on October 24, 2025. Want to learn more about 24021 25th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in South Des Moines? You can browse all South Des Moines real estate or contact a Coldwell Banker agent to request more information.

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