Pending

$439,000

4 Beds 2 Baths 1,250 SQFT 0.17 Acres
Type: Pending

21902 29th Ave South
Des Moines, WA 98198

MLS#: 2588485
Presented by: Columbia Partners Real Estate and NWMLS

Property Description

 

Investment opportunity in Des Moines! This duplex offers an excellent opportunity for an investor, contractor, or buyer looking to add value. One side is currently rented, providing existing income. Major exterior improvements are already in place, including a newer roof and new fencing. The property features an exceptionally large, fully fenced backyard with outdoor space for both units, plus covered parking. The vacant unit has been taken down to the studs, creating a head start for the next owner to complete the renovation and select finishes. Conveniently located with access to shopping, transportation, schools, and area amenities. Bring your vision and unlock the potential of this income-producing property. Cash sale only. One unit currently tenant-occupied. Rental information available upon request. Buyer to verify all information to their satisfaction.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate6.6
Carport Spaces2
Carport Y/NNo
CityDes Moines
CoolingNone
CountyKing
DirectionsGPS
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingWall Furnace
High School DistrictHighline
Insurance Expense1361
Leasable Area1,250 sqft
Listing TermsCash, Rehab Loan
Living Area0 sqft
Lot Size Square Feet7,415 sqft
Lot Size UnitsSquare Feet
MLS Area120 - Des Moines/Redondo
NWM_ShowMapLinkY
Net Operating Income28968
New ConstructionNo
Number Of Units Total2
PossessionClosing, Negotiable
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestment opportunity in Des Moines! This duplex offers an excellent opportunity for an investor, contractor, or buyer looking to add value. One side is currently rented, providing existing income. Ma
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeDuplex
Subdivision NameDes Moines
Tax Annual Amount$6,439
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water Sewer Garbage1422
Year Built1965

Exterior

Building Area Total1,250 sqft
Covered Spaces2
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Size Acres0.1702
Parking Uncovered Total2
Total Parking4
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$439,000

4 Beds 2 Baths 1,250 SQFT 0.17 Acres
Type: Pending

21902 29th Ave South
Des Moines, WA 98198

MLS#: 2588485