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 and patio doors. With less than 1% vacancy rate and $11,120 in total monthly income, you'll enjoy a robust positive cash flow net operating income. This property is a solid long-term investment that will allow you to qualify for conventional loan rate instead of commercial rate. Don't miss out this cash-flow gem, a perfect addition to your portfolio.
LAST UPDATED
|
3/27/2025
|
NEIGHBORHOOD
|
Des Moines
|
YEAR BUILT
|
1988
|
COMMUNITY
|
Des Moines
|
COUNTY
|
King
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Elementary School |
Buyer To Verify |
Jr. High School |
Buyer To Verify |
High School |
Buyer To Verify |
AIR |
None |
AREA |
120 - Des Moines/Redondo |
CONSTRUCTION |
Cement Siding, Wood Siding |
HEAT |
Baseboard, Electric |
INTERIOR |
Ceramic Tile |
LOT |
9692 sq ft |
LOT DESCRIPTION |
Corner Lot |
LOT DIMENSIONS |
9690 |
MLS STATUS |
Active |
STORIES |
2 |
STYLE |
54 - 4-Plex |
SUBDIVISION |
Des Moines |
TAXES |
11908.18 |
UTILITIES |
Sewer Connected |
WATER |
Public |
ZONING |
Multi-Family |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/3/25 10:19 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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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