South Des Moines Homes with Average Building Condition

South Des Moines Homes with Average Building Condition

Welcome to South Des Moines, a charming neighborhood nestled in the vibrant city of Des Moines, Washington. This delightful area, located in King County, offers a perfect blend of suburban tranquility and easy access to urban amenities. With its picturesque surroundings and community-oriented atmosphere, South Des Moines is an ideal place for families, professionals, and retirees alike.

The homes in South Des Moines typically feature average building conditions, making them perfect for those looking to invest in a property with character and potential. These residences often boast spacious layouts, well-maintained yards, and a variety of architectural styles that reflect the neighborhood's rich history. Whether you’re a first-time homebuyer or looking to settle into a cozy retreat, you’ll find options that cater to your needs and budget.

Beyond the charming homes, South Des Moines is conveniently located near beautiful parks, scenic waterfronts, and recreational opportunities. Residents enjoy easy access to the stunning Puget Sound, where you can indulge in activities such as kayaking, fishing, or simply soaking in the breathtaking views. The community also benefits from a variety of local shops, restaurants, and schools that enhance the quality of life.

With its welcoming spirit and a strong sense of community, South Des Moines is more than just a neighborhood; it's a place to call home. Explore the possibilities that await you in this hidden gem of Washington State, where comfort and convenience come together beautifully.

Newest South Des Moines Homes with Average Building Condition

$759,000
5 Beds ⋅ 5 Baths ⋅ 2542068 MLS ⋅ ACTIVE Status
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.

24029 24th Avenue S, Des Moines

Listing courtesy of Keller Williams Rlty Bellevue.

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