22503 30th Avenue South

22503 30th Avenue South

Des Moines, WA 98198

$1,000,000
Last Sold Price
8
Beds
4
Baths
3,196 Sq. Ft.
$313 / Sq. Ft.
3,196
Sq. Ft.
$313
per Sq. Ft.

Sold 5/23/23

Sold 5/23/23

a front view of a house
a front view of a house with a yard and garage
a view of street with parked cars
an aerial view of a house with outdoor space
an aerial view of residential houses with outdoor space
a view of city
a view of a city
an aerial view of multiple house
a view of a balcony with wooden floor and fence
a view of a livingroom with furniture and hardwood floor
a living room with furniture a flat screen tv and a window
a living room with furniture and a flat screen tv
a dining room with furniture a chandelier and window
a kitchen with a stove a sink and a microwave
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a bathroom with a sink mirror vanity and toilet
a utility room with dryer and washer
a view of a house with a yard and pathway
a front view of a house with garden
Listing provided courtesy of RE/MAX Realty South, The Preview Group

Description

Unbeatable location! Fully occupied 4-plex with below market rents is conveniently located near the future Kent Des Moines light rail station, I-5, Pacific Hwy, SeaTac Airport, Shopping, Buses, Highline College and the Des Moines Marina. Building includes four 2-bedroom 1-bath open layout units with private balconies and storage. Upstairs units have partial views of the Puget Sound. There is off street parking for 6 cars and coin-operated laundry onsite. Tenants pay for own electricity and a monthly...Unbeatable location! Fully occupied 4-plex with below market rents is conveniently located near the future Kent Des Moines light rail station, I-5, Pacific Hwy, SeaTac Airport, Shopping, Buses, Highline College and the Des Moines Marina. Building includes four 2-bedroom 1-bath open layout units with private balconies and storage. Upstairs units have partial views of the Puget Sound. There is off street parking for 6 cars and coin-operated laundry onsite. Tenants pay for own electricity and a monthly flat fee for WSG. New exterior paint completed in 2021. A perfect property to add to your portfolio. Please do not disturb tenants. Back on market - buyers did not have an inspection.
  1. Listed by Rebecca Drew • RE/MAX Realty South

Property Details for 22503 30th Avenue South

Community Name
Des Moines
School District
Highline
View
Partial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
02-24-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Realty South

Sold By The Preview Group

Add your commute
LISTING UPDATED: 05/24/2023 09:48 AM

Property Details for 22503 30th Avenue South

StatusSold
MLS #2039061
Days on Market42
Cumulative Days on Market340
Taxes$10,505 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.19 AC / 8,250 SF
CountyKing County

Location

Listing Courtesy of RE/MAX Realty South

Sold By The Preview Group

Add your commute

Building Information for 22503 30th Avenue South

Stories2Residences4Year Built1979Building Size-Lot Size0.19 AC / 8,250 SF

Payment Calculator

$6,333 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$875

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 22503 30th Avenue South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck
  • Area: 120 - Des Moines/Redondo
  • Block: 2
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From I-5 S take exit 149. Right onto WA-516 W. Right onto 30th Ave S. Building is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate
  • Features: Laminate Hardwood
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5028
  • Power Company: PSE
  • Sewer Company: Midway
  • Water Company: Highline
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Commercial
  • First Right Of Refusal: false
  • Possible Use: Commercial
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1979
  • Photos Count: 20
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Dimensions: 82x100x82x100
  • Lot Number: 6
  • Lot Size Source: KCR
  • Parcel Number Free Text: 2500600150
  • Building Condition: Average
  • Calculated Square Footage: 3196
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3196.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $569
  • Total Expenses: 19818
  • Gross Adjusted Income: 69289
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $72,936
  • Insurance Expense: $2,000
  • Net Operating Income: $49,471
  • Other Expenses: $1,716
  • Total Monthly Income: 6078
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 799
  • Rent Unit 1: $1,365.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 799
  • Rent Unit 2: $1,339.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 799
  • Rent Unit 3: $1,322.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 799
  • Rent Unit 4: $1,395.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3196.0
  • Leasable Area Units: Square Feet

Property History for 22503 30th 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 22503 30th Avenue South

Taxable ValueLand$206,200Additions$642,800Total$849,000
Tax Record2022$9,706 ($809 / month)
Home Facts
Total Finished SqFt3,196 SqFtAbove Ground SqFt3,196 SqFtStories2Lot Size8,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated2000ZoningPR-CCountyKINGAPN250060-0150

Schools near 22503 30th Avenue South

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

Pacific Middle School
Public6 to 8

Mount Rainier High School
Public9 to 12

Global Connections High School
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.

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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 RE/MAX Realty South

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.