24303 27th Avenue South

Des Moines, WA 98198

$1,124,950
Price
8
Beds
8
Baths
3,628 Sq. Ft.
$310 / Sq. Ft.
3,628
Sq. Ft.
$310
per Sq. Ft.

Description

Investor alert! This upgraded Quadplex has lots of upside with the current rents below market value. Each unit is approximately 900sqft with 2 bedrooms and 2 bathroom. They each include a range/stove, refrigerator, and dishwasher. All units feature new quartz countertops, fireplace, vanities. Some units have new LVP flooring & new cabinets. . The complex is in great shape with parking right in front of the building for easy access. Conveniently located next to Major highways and shopping. Please...Investor alert! This upgraded Quadplex has lots of upside with the current rents below market value. Each unit is approximately 900sqft with 2 bedrooms and 2 bathroom. They each include a range/stove, refrigerator, and dishwasher. All units feature new quartz countertops, fireplace, vanities. Some units have new LVP flooring & new cabinets. . The complex is in great shape with parking right in front of the building for easy access. Conveniently located next to Major highways and shopping. Please call with any questions. Do not disturb tenants.
  1. Listed by Indy Basra • Every Door Real Estate
  2. Listed by Lindsey Gudger • Every Door Real Estate

Property Details for 24303 27th Avenue South

Community Name
Des Moines
School District
Highline
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
05-15-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Every Door Real Estate
Add your commute
LISTING UPDATED: 05/29/2024 12:09 PM

Property Details for 24303 27th Avenue South

StatusActive
MLS #2238232
Days on Market17
Cumulative Days on Market17
Taxes$9,965 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.18 AC / 7,680 SF
CountyKing County

Location

Listing Courtesy of Every Door Real Estate
Add your commute

Building Information for 24303 27th Avenue South

Stories2Residences4Year Built1984Building Size-Lot Size0.18 AC / 7,680 SF

Payment Calculator

$6,970 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,139

Property Taxes

$830

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 24303 27th Avenue South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, High Speed Internet
  • Area: 120 - Des Moines/Redondo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From Pacific highway go West on S. 244th St. to 27th Ave S. Then, go right on 27th Ave. S. Property is on the left
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Energy Package,Storage,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Tile
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 563.56
  • Power Company: Puget Sound Energy
  • Sewer Company: Midway
  • Water Company: Highline
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 34
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3603000152
  • Building Condition: Very Good
  • Calculated Square Footage: 3628
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3628.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 14725.68
  • Gross Adjusted Income: 85536
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $85,536
  • Insurance Expense: $4,197
  • Net Operating Income: $70,810
  • Other Expenses: $0
  • Total Monthly Income: 7128
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 900
  • Rent Unit 1: $1,575.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 900
  • Rent Unit 2: $1,625.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 900
  • Rent Unit 3: $1,595.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 900
  • Rent Unit 4: $1,795.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3628.0
  • Leasable Area Units: Square Feet

Property History for 24303 27th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 24303 27th Avenue South

Taxable ValueLand$130,000Additions$753,000Total$883,000
Tax Record2022$9,965 ($830 / month)
Home Facts
Total Finished SqFt3,628 SqFtAbove Ground SqFt3,628 SqFtStories2Lot Size7,680 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984Year Renovated1998ZoningRM-2400CountyKINGAPN360300-0152Fireplace TypeHas Fireplace

Schools near 24303 27th Avenue South

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Parkside Elementary School
PublicPK to 5

Pacific Middle School
Public6 to 8

Mount Rainier High School
Public9 to 12

Academy Of Citizenship And Empowerment
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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24303 27th Avenue South is a multi-family home for sale in Des Moines, WA 98198. This property was listed for sale on May 15, 2024 by Every Door Real Estate, it's currently listed at $1,124,950. It has been on the market for a total of 17 days and was last sold on October 25, 2006. This listing's school district is Highline School District. Nearby schools include Parkside Elementary School, Pacific Middle School and Mount Rainier High School. 24303 27th Avenue South is a 8-bed, 8-bath, 3,628 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Every Door Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.