21903 -05 30th Avenue S, Des Moines, WA 98198

$598,000
1,270
SqFt

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Listing courtesy of Town & Country Brokers Inc.

List Price
$598,000
Status
PENDING
MLS#
2523805
Days on Market
16
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
1,270
Area Total SqFt
1270
Annual Tax Ammount
5568
Internet Provider
BTV
Lot Size (sq ft)
7,419
Sewer
Sewer Connected

Property Description

RARE DUPLEX for sale in this area! SELLER PROVIDES 1YR HOME WARRANTY ORHWP- Live in One Side & the other side is already rented for AFFORDABLE LIVING! Great location 2 Blocks from Midway Park, Hidden Gem in the Pacific Ridge Neighborhood. Park has trails, Sport Court, Community Gardens, & Playground & more! 21903 Unit-Awesome 2 Bedroom, 1 bath with 2nd Door into Bath from Master Bedroom. Just Remodeled with high end finishes! New LVP Floor, Luxury Quartz Counters in Kitchen & Bath, Custom sinks, faucets & hardware. Designer colors make the design feel like a High End Condo! All New Cabinets, New GE Stainless Appliances- Including Microwave, Stove, Fridge & Dishwasher. New Hot Water Heater, & everything else in the unit was upgraded. Crawlspace was cleaned out, new insulation & vapor barrier too! Roof has new 60 Mil TPO in 2023, New Gutters and downspouts too! Upgraded Electric panels in both units. Each unit has Washer & Dryer hookups W/storage unit. Large Spacious carport to keep your car out of the weather & for easy unloading. Back decks are a great outdoor space too! Brand New Privacy fence on both back yards for your own private oasis. 21905 Unit- Previously remodeled but not to the same degree. New floors, painted cabinets, upgraded electrical & many other things upgraded as well & is currently rented for $1675/mo+ $125/mo Water & sewer fee on month to month agreement. This is a Great Investment Opportunity in this area as well @ 6.25% CAP RATE projected!

Additional Information

List Date
2026-07-12 18:32:13
Community
Des Moines
Net Operating Income
$37,492
Gross Adjusted Income
$47,940
Gross Scheduled Income
$47,940
Total Monthly Income
$4,120
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$2,880
Gross Rent Multiplier
12.52
Total Expenses
$10,448
Cap Rate
6.25
Total Number of Units
2
Unit Name
21903 -05
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1965
Roof
Flat, See Remarks
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric
School District
Highline
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,120
Gross Scheduled Income
$47,940
Gross Adjusted Income
$47,940
Tax Year
2026
Insurance Expense
$2,000
W/S/G Expenses
$2,880
Total Expenses
$10,448
Net Operating Income
$37,492
Gross Rent Multiplier
12.52
Cap Rate
6.25
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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