22406 8th Avenue South

22406 8th Avenue South

Des Moines, WA 98198

$627,000
Last Sold Price
4
Beds
2
Baths
1,660 Sq. Ft.
$378 / Sq. Ft.
1,660
Sq. Ft.
$378
per Sq. Ft.

Sold 11/29/21

Virtual Tour

Sold 11/29/21

Virtual Tour

a front view of a house with a yard
a view of a house with a patio
a car parked in front of a house
a view of a street in front of a building
a view of walk in closet
a bathroom with a granite countertop sink vanity mirror and a toilet
a kitchen with stainless steel appliances granite countertop a stove a sink a refrigerator dining table and chairs
a kitchen with a sink cabinets and utility
a kitchen with a sink cabinets and window
a living room with furniture and a window
a living room with furniture and a window
a living room with furniture a flat screen tv and a window
a bedroom with a bed and wooden floor
a front view of a house with workspace
a utility room with dryer and washer
a bathroom with a sink a toilet and shower
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a kitchen with a sink a stove and cabinets
a kitchen with stainless steel appliances granite countertop a sink a stove and cabinets
a living room with furniture and a large window
a view of a glass door and a window
a living room with furniture and a flat screen tv
a bedroom with a bed and a window
a bedroom with a bed and a window
a close up view of a washer and dryer
a backyard of a house with table and chairs
a view of a porch with chairs and backyard
a view of a backyard with large trees
a view of a city street from a balcony
a view of a city
Listing provided courtesy of John L. Scott R.E. Lake Tapps, John L. Scott, Inc

Description

Welcome to your remodeled duplex! Units have been remodeled with shaker cabinets, granite counters, luxury vinyl flooring, tile shower & bath floor, newer appliances and in unit stackable laundry. This Duplex features new exterior paint and a new roof in 2021! Each units is 830 Sq. Ft., 2 Bedrooms, 1 Bath, plus 1 covered parking space. Rent is $1,650 each side with long term tenants and one year leases that expire 8/31/22, cap rate is 5% currently w/ upside in the future. The location of this property...Welcome to your remodeled duplex! Units have been remodeled with shaker cabinets, granite counters, luxury vinyl flooring, tile shower & bath floor, newer appliances and in unit stackable laundry. This Duplex features new exterior paint and a new roof in 2021! Each units is 830 Sq. Ft., 2 Bedrooms, 1 Bath, plus 1 covered parking space. Rent is $1,650 each side with long term tenants and one year leases that expire 8/31/22, cap rate is 5% currently w/ upside in the future. The location of this property is amazing, one minute from the Des Moines waterfront, zip down to Pike Place to grab farm fresh ingredients for dinner or even PCC which is minutes away. Easy access into Seattle for work or shop till you drop! 22408 has been there 20 years!
  1. Listed by Spencer Gray • John L. Scott R.E. Lake Tapps

Property Details for 22406 8th Avenue South

Community Name
Downtown Des Moines
School District
Highline
View
Partial, Sound
Number of Assigned Spaces
4
Total Covered Parking
0
Offers Review Date
11-01-2021
Entry Date
10-22-2021
Energy Source
Electric

Location

Listing Courtesy of John L. Scott R.E. Lake Tapps

Sold By John L. Scott, Inc

Add your commute
LISTING UPDATED: 12/04/2021 11:49 AM

Property Details for 22406 8th Avenue South

StatusSold
MLS #1834561
Days on Market6
Cumulative Days on Market844
Taxes$6,375 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.13 AC / 5,850 SF
CountyKing County

Location

Listing Courtesy of John L. Scott R.E. Lake Tapps

Sold By John L. Scott, Inc

Add your commute

Virtual Tour

Building Information for 22406 8th Avenue South

Stories1Residences2Year Built1962Building Size-Lot Size0.13 AC / 5,850 SF

Payment Calculator

$3,953 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,422

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 22406 8th Avenue South

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 120 - Des Moines/Redondo
  • Directions: From I5 take Kent Des Moines exit and head W toward water, become Marie View Dr S, Right on 225th St, Left on 8th Ave S, Duplex on Right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Laminate, Vinyl
  • Features: Ceramic Tile, Laminate Hardwood
  • Amenities: Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 1260
  • Power Company: PSE
  • Sewer Company: Midway
  • Water Company: Water District 54
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 31
Lot Information
  • Lot Details: Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 2011400805
  • Calculated Square Footage: 1660
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1660.0
  • 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: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8535
  • Gross Adjusted Income: 31059
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $39,600
  • Insurance Expense: $900
  • Net Operating Income: $31,059
  • Other Expenses: $0
  • Total Monthly Income: 33000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 22406
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 830
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 22408
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 830
  • Rent Unit 2: $1,650.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1660.0
  • Leasable Area Units: Square Feet

Property History for 22406 8th 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 22406 8th Avenue South

Taxable ValueLand$190,000Additions$477,000Total$667,000
Tax Record2022$7,544 ($629 / month)
Home Facts
Baths2Total Finished SqFt1,660 SqFtAbove Ground SqFt1,660 SqFtStories1Lot Size5,850 SqFtStyleDuplexYear Built1962ZoningRA-3600CountyKINGAPN201140-0805

Schools near 22406 8th Avenue South

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Des Moines Elementary School
Public - PK to 5
Pacific Middle School
Public - 6 to 8
Mount Rainier High School
Public - 9 to 12
Highline Big Picture School
Public - 6 to 12
Rating
School
Distance
Des Moines Elementary School
PublicPK to 5

Pacific Middle School
Public6 to 8

Mount Rainier High School
Public9 to 12

Highline Big Picture School
Public6 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.

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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 John L. Scott R.E. Lake Tapps

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.