Des Moines, WA Multifamily Homes & Duplexes for Sale

/8
$1,199,000
- 8 Beds
- 8 Baths
- 4,920 Sq Ft
21825 30th Ave S, Des Moines, WA 98198

Grab this rare opportunity to own a beautifully maintained, income-generating Des Moines 4-plex just minutes from everything! Each spacious 1,200 sq. ft. unit features 2 beds/1.5 baths, and two levels of well-designed living space. Two of the four units have been recently updated with new carpet, luxury vinyl plank flooring & fresh interior paint. Added tenant perks include a new card-operated

Stephanie Owens Homesprings Real Estate

21825 30th Ave S, Des Moines, WA 98198
/12
$1,600,000
- 12 Beds
- 8 Baths
- 4,452 Sq Ft
21608 30th Ave S, Des Moines, WA 98198

This 4plex fully renovated in 2021, this well kept 4plex is a Prime Investment opportunity. Each one of the 4-unit is a 3 bedroom 2 bath 1 fireplace boasted with updated kitchen with quartz countertop and cabinets, stylish tile floori for easy maintenance and new interior paint. Each unit also featured convenient in-unit washer and dryer, ensuring long-term desirability for renters. New windows

Chanh Nguyen Homeland Real Estate Services

21608 30th Ave S, Des Moines, WA 98198
/3
$1,150,000
- 8 Beds
- 4 Baths
- 3,572 Sq Ft
3020 S 216th St Unit J, Seatac, WA 98198

This 4-plex boasts a new roof installed in 2021 and new Laminate floors in Unit #3. It is a gated community environment, and for additional protection and security, this presents an excellent investment opportunity of $7,200.00 in monthly rental income. Conveniently located with easy access to freeways and highways, it is near bus routes, light rail stations, shopping centers, and SeaTac Airport.

Fanus Goneth Capitol Realty & Investments

3020 S 216th St Unit J, Seatac, WA 98198

Washington Des Moines

Why Live in Des Moines

Situated halfway between Seattle and Tacoma, along the shores of Puget Sound, Des Moines is a perfect combination of scenic and convenient. Its location near Seattle-Tacoma International Airport makes it a great spot for frequent travelers, while its location on the waterfront makes it a popular landing spot for fishing and boating enthusiasts. "We’re a waterfront community with great views of the sound and the Olympic Mountains, we’re 15 minutes from Seattle, we’ve got great parks, lots of events in the community,” says Tony Hettler, owner and broker at John L. Scott-Des Moines, who has lived in the area for over 35 years. “Basically, we’re just a nice small town that’s close to Seattle.” Des Moines offers a range of housing options, from modest single-family homes to upscale waterfront properties. Neighborhoods like North Hill and Redondo-Des Moines feature a combination of midcentury homes and contemporary builds, many with views of Puget Sound or the Olympic Mountains. Townhouses and condominiums are also available, especially near downtown. Housing prices in Des Moines vary, with more affordable homes inland and higher-priced properties near the water. The median price for a single-family home in

Learn more about living in Des Moines

Home Trends in Des Moines, WA

On average, homes in Des Moines, WA sell after 39 days on the market compared to the national average of 51 days. The median sale price for homes in Des Moines, WA over the last 12 months is $613,500, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$613,500

Median Single Family Sale Price

$655,000

Median Townhouse Sale Price

$365,000

Median 2 Bedroom Sale Price

$360,000

Median 1 Bedroom Sale Price

$230,500

Average Price Per Sq Ft

$380

Number of Homes for Sale

Last 12 months Home Sales

341

Months of Supply

2.10

Median List Price

$617,475

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Des Moines, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,150,000 to $1,600,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Des Moines is $617,475, while the average sale price is $652,120, offering insights into the local housing market. On average, multi-family homes spend 39 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Des Moines, WA.

Des Moines Types of Homes for Sale

More About Living in Des Moines

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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