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    Des Moines Multifamily Investment Opportunity
    Updated: Aug 16, 2025
    Des Moines Multifamily Investment Opportunity

    22707 30th Ave S, Des Moines, WA 98198

    $1,100,000
    Proximity to the soon‑to‑open Kent‑Des Moines Light Rail Station.
    Convenient access to I‑5 and Pacific Highway.
    Mix of large two‑bedroom units.
    Opportunity for value‑add through interior renovations.
    Updated units with refreshed flooring, kitchen upgrades, and appliance replacements.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Des Moines, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vacant 10-Unit Apartment Building
    Vacant 10-Unit Apartment Building

    739 3rd Avenue S, Kent, WA 98032

    $1,995,000
    7,808 sqft

    10-unit apartment building offered vacant at close near Kent Station and SR-516.

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    Vashon Vue Apartments Opportunity
    Vashon Vue Apartments Opportunity

    Seattle, WA 98198

    $1,725,000
    7,300 sqft

    11-unit apartment building with in-place 6.5% cap rate.

    View details
    Burien Development Site For Sale
    Burien Development Site For Sale

    Seattle, WA 98166

    $2,999,550

    2.67-acre site zoned MU-2, ideal for various developments.

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    Entitled Residential Development Site
    Entitled Residential Development Site

    307 N Lincoln Ave, Kent, WA 98032

    Contact for pricing

    Entitled site for a 45-unit residential development with 15 townhouses and 30 traditional apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Off-Market Properties in Des Moines, WA

    Consider similar Off-Market properties in Des Moines, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    22015 8th S Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    22015 8th S Ave, Des Moines, WA 98198-6387

    $545,000
    Estimated value
    3,200 sqft 0.18 AC lot
    View details
    22805 30Th Ave
    Multifamily properties

    22805 30Th Ave, Des Moines, WA 98198

    Value Estimation by Request
    7,300 sqft
    View details
    Des Moines Land
    Multifamily properties

    0 Des Moines Land, Des Moines, WA 98198

    Value Estimation by Request
    9,069 sqft
    View details
    22707 30Th Ave
    Multifamily properties

    22707 30Th Ave, Des Moines, WA 98198

    Value Estimation by Request
    4,852 sqft 0.37 AC lot
    View details

    Des Moines, WA Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Des Moines, WA on our real estate platform.

    Sale prices for two-family homes in Des Moines, WA average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 50K
    Population Growth (5Y) -3.5%
    Median Household Income $84,571
    College Educated 39.2%

    High-Yield Neighborhoods for Investment

    Identify Des Moines submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Seattle - 98198 $1.1M

    Property Size Breakdown

    The majority of commercial real estate listings in Des Moines fall within the 5,000 to 10,000 square foot range.

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