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$799,000 Just Listed
Property Description
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.
Full Property Details
Full Property Details for 24029 24th Ave S
General
- Price: $799,000
- Taxes: $8,498 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2542068
- Updated: 6/19/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Fireplace
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Wood Burning
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Laminate, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- 3/4 Bathrooms: 2
- Main Floor Baths: 3
- Main - 3/4 Baths: 1
- Lower - Full Baths: 1
- Lower - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Lower: 2
- Bedrooms Main: 3
Additional Information
- Amenities: Cable TV, Deck, Dog Run, Fenced-Fully, High Speed Internet
- Security/Safety: Fully Fenced
Parking
- Garage: Yes
- Attached garage: Yes
- Carports: Yes
- Uncovered Spaces: 4
- Parking Features: Detached Carport, Driveway, Attached Garage, Off Street
Location
- Area: 120 - Des Moines/Redondo
- County: King
- Subdivision: Des Moines
- Building Name: Puget Sound Park To Des Moines
- Driving 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.
School Information
- High School District: Highline
- Elementary School: Parkside Primary
- Middle School: Pacific Mid
- High School: Mount Rainier High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Finished
- Foundation: Poured Concrete
- Roof: Composition
- Square Feet: 2,650
- Finished Total: 2,650 Sq. Ft.
- Year Built: 1959
- Property Condition: Average
Lot Features
- Property View: Mountains, Sound, Territorial
- Lot Size (Acres): 0.316
- Lot Size (Sq. Ft.): 13,765
- Lot Size Source: KCR
- Lot Features: Paved, Sidewalk
Financial Considerations
- Tax Amount: $8,498.64
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 6929604345
- Block: 30
- Lot Number: 16 THRU 18
Listed by Maggie Sun | Keller Williams Rlty Bellevue | (425) 454-0911
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Schools
Schools serving 24029 24th Ave S
School District:Highline School District
| Name | Grades | Distance |
|---|---|---|
Parkside Elementary School, Des Moines, WA 2104 South 247th Street, Des Moines, WA 98198 | K-5 | 0.3 mi |
Pacific Middle School, Des Moines, WA 22705 24th Ave S, Des Moines, WA 98198 | 6-8 | 0.9 mi |
Mount Rainier High School 22450 19th Avenue South, Des Moines, WA 98198 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24029 24th Ave S
Date
Details
Price
Change
Source
6/18/2026
Listed
$799,000
75.22%
MLS
8/30/2017
Sold
$456,000
—
Public Record
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
Tax History for 24029 24th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,499
15%
$687,000
9%
2024
$7,417
6%
$631,000
3%
2024
$6,965
—
$615,000
—
2022
$6,984
18%
$615,000
25%
2021
$5,908
—
$492,000
14%
2021
$5,908
5%
$431,000
4%
2020
$5,641
3%
$415,000
-4%
2019
$5,462
-5%
$432,000
11%
2018
$5,773
22%
$390,000
21%
2017
$4,740
11%
$321,000
10%
2016
$4,259
6%
$293,000
7%
2015
$4,014
21%
$273,000
29%
2014
$3,320
—
$212,000
—
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
Estimate the Cost for 24029 24th Ave S
24029 24th Avenue S, Des Moines, WA 98198 (MLS# 2542068) is a Single Family property with 5 bedrooms, 3 full bathrooms and 2 partial bathrooms. 24029 24th Avenue S is currently listed for $799,000 and was received on June 18, 2026. Want to learn more about 24029 24th Avenue S? Do you have questions about finding other Single Family real estate for sale in Central Des Moines? You can browse all Central Des Moines real estate or contact a Coldwell Banker agent to request more information.
