24029 24th Avenue S, Des Moines, 98198
MLS® #: 2542068
Active, 102 Days on Market
Listing Office: Keller Williams Rlty Bellevue
5
Beds
4½
Baths
Garages
102
Dom
2,650
Square feet
0.32
Acres
1959
Built
Exceptional opportunity for homeowners and investors alike! This versatile 5-bedroom, 4.5-bath property offers strong income potential, flexible living arrangements, and future development possibilities on a generous lot. With separate entrances for both levels, it's ideal for multigenerational living, owner-occupants seeking rental income, or savvy investors. The main level features a gourmet kitchen, spacious living areas, and three generously sized bedrooms with two full bathrooms. The lower level offers multiple income-producing units, each with its own bathroom, while the larger unit includes a full kitchen. Currently partially rented on a month-to-month basis, the property has the potential to generate approximately $6,000 per month in rental income, including about $3,000 from each level. With a projected cap rate approaching 6%, this is a rare investment opportunity in a desirable location. Situated on a large lot surrounded by established single-family homes and attractive new construction, the property offers immediate cash flow and long-term upside. Explore the potential to build your dream home while collecting rental income from the existing residence. Also listed as a duplex, this unique offering provides exceptional flexibility and value. Conveniently located within walking distance to the light rail station, with easy access to shopping, dining, and major employment centers, this is an opportunity you won't want to miss.
Features of 24029 24th Avenue S
| MLS® # | 2542068 |
|---|---|
| Price | $699,000 |
| Bedrooms | 5 |
| Bathrooms | 4.50 |
| Full Baths | 3 |
| Square Footage | 2,650 |
| Acres | 0.32 |
| Year Built | 1959 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 24029 24th Avenue S |
|---|---|
| Area | 120 - Des Moines/Redondo |
| Subdivision | Des Moines |
| City | Des Moines |
| County | King |
| State | WA |
| Zip Code | 98198 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Detached Carport, Driveway, Attached Garage, Off Street |
| View | Mountains, Sound, Territorial |
| Is Waterfront | No |
Interior
| Interior Features | Fireplace |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer |
| Heating | Baseboard, Wall Furnace |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Highline |
|---|---|
| Elementary | Parkside Primary |
| Middle | Pacific Mid |
| High | Mount Rainier High |
Additional Information
| Date Listed | June 18th, 2026 |
|---|---|
| Days on Market | 102 |
| Cumulative Days on Market | 102 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $8,499 |
Listing Details
| Office | Keller Williams Rlty Bellevue |
|---|
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