Des Moines Homes with Average Building Condition

Des Moines Homes with Average Building Condition

Welcome to Des Moines, Washington—a hidden gem nestled along the picturesque shores of Puget Sound. This charming city, located in King County, offers a delightful blend of natural beauty and suburban convenience, making it an ideal place to call home.

Des Moines boasts a vibrant community with a rich maritime history. Residents enjoy easy access to stunning waterfront parks, including the popular Des Moines Beach Park, where you can stroll along sandy shores, picnic in lush green spaces, or simply take in breathtaking views of the Olympic Mountains. The city’s marina is a hub for boating enthusiasts, offering a variety of recreational activities and events throughout the year.

The local real estate market reflects the diverse lifestyle options available in Des Moines. Homes here, particularly those in average building condition, provide an excellent opportunity for buyers looking to invest in a property with potential. Many of these homes are set in established neighborhoods, characterized by tree-lined streets and a friendly atmosphere. With a mix of single-family homes and townhouses, there’s something for everyone, whether you’re a first-time buyer or looking to downsize.

Des Moines is also conveniently located near major highways, making commuting to Seattle or Tacoma a breeze. Residents benefit from excellent schools, shopping, and dining options, all within a short drive or a leisurely stroll.

Embrace the Des Moines lifestyle—where scenic beauty meets community spirit. Discover your dream home in this welcoming city today!

Newest 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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