$799,000
Est. $4,028/mo5 bd•3 ba•2,650 sq ft
24029 24th Avenue S, Des Moines, WA 98198
• Listed 2026-06-18•1 day on market
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Based on information submitted to the MLS GRID as of June 19, 2026 at 02:16pm (date and time MLS GRID Data was obtained). 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.
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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.
Listed by Maggie Sun • Keller Williams Rlty Bellevue
Listing updated: June 19, 2026 at 02:16pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2542068
Open houses
2 dates$814,000
+$15,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $525K and $800K.
Rental earnings
$2,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$800,000Last sold price
24405 24th Avenue S, Des Moines, WA 98198
$700,000Last sold price
24437 25th Avenue S, Des Moines, WA 98198
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
24029 24th Avenue S, Des Moines, WA 98198
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,936 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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$725,000
24036 23rd Avenue S, Des Moines, WA 98198
Morgan Reick · Real Broker LLC
$849,950
1803 S 232nd Street, Des Moines, WA 98198
Maggie May Willis · Realty One Group Bold
$660,000
2230 S 253rd Place, Des Moines, WA 98198
Yolanda Johnson · KW Lake Washington So
$700,000
25916 18th Avenue S, Des Moines, WA 98198
Suzanne Clifton · John L. Scott, Inc.
$625,000
21216 Des Moines Memorial Dr, Des Moines, WA 98198
Michael J. Rankin Jr · COMPASS
$814,950
27343 14th Court S, Des Moines, WA 98198
Grace Chang · COMPASS
Highline School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
$5,295 Sold
3 weeks ago
5 bd•2 ba•Single Family
25119 18th Avenue S, Des Moines, WA 98198
0%
Over list
—
Days on market
0.7 mi
Distance
$415,000 Sold
7 weeks ago
2 bd•~1,344 sq ft•Single Family
2119 S 252nd Street, Des Moines, WA 98198
2%
Over list
—
Days on market
0.7 mi
Distance
$1,750,000 Sold
5 months ago
•Single Family
22725 Pacific Highway S, Seattle, WA 98198
12%
Under list
—
Days on market
0.9 mi
Distance
$638,000 Sold
5 months ago
3 bd•1 ba•~1,290 sq ft•Single Family
24427 14th Avenue S, Des Moines, WA 98198
1%
Over list
—
Days on market
0.6 mi
Distance
$660,000 Sold
5 months ago
4 bd•2 ba•~2,030 sq ft•Single Family
23319 11th Place S, Des Moines, WA 98198
6%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS
