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.
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.
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
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ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
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First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
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Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
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Average Value
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List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 22503 30th Ave S, Des Moines, WA 98198 since 24 February 2023 and is currently estimated at $1,025,268, approximately $320 per square foot. This property was built in 1979. 22503 30th Ave S is a home located in King County with nearby schools including Midway Elementary School, Pacific Middle School, and Mount Rainier High School.
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