Des Moines, WA Apartment buildings for sale

Updated: Jun 19, 2024

Mixed-Use Development Opportunity

22725 Pacific Hwy S, Des Moines, WA 98198

$1,995,000

46,609 sqft

Seller financing available.
Completed drawings for a 166‑unit apartment building and 4,200 sq ft retail space are available.
EB‑5 eligible project.
Great location for mixed‑use development.
Close proximity to upcoming Kent Des Moines Light Rail Station.

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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.

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See what stands out in King County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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

Opportunities in Nearby Cities

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

Apartment Building with In-Unit Laundry

108 Kensington, Kent, WA 98030

$2,125,000

8,628 sqft

Apartment building offering one- and two-bedroom units, each with in-unit washer and dryer.

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Renovated Apartment Building Portfolio

416 W Meeker St, Kent, WA 98032

Contact for pricing

10,700 sqft

Two income-producing properties combine renovated residences with leased ground-floor retail and shared laundry facilities.

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Vashon Vue Apartments Opportunity

Seattle, WA 98198

$1,725,000

7,300 sqft

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

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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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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.

APARTMENT HOUSE (UNDER 5 UNITS)

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

Estimated value:

$545,000

3,200 sqft 0.18 AC lot

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Multifamily properties

22805 30Th Ave, Des Moines, WA 98198

Estimated value:

by Request

7,300 sqft

View details

Multifamily properties

0 Des Moines Land, Des Moines, WA 98198

Estimated value:

by Request

9,069 sqft

View details

Multifamily properties

22707 30Th Ave, Des Moines, WA 98198

Estimated value:

by Request

4,852 sqft 0.37 AC lot

View details

Des Moines, WA Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Des Moines, WA on our real estate platform. These investment opportunities span a total of 46,609 square feet of properties for sale, with an estimated market value of $3,095,000.

Sale prices for two-family homes in Des Moines, WA start at $1,100,000, averaging $1,547,500, and reaching up to $1,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Seattle - 98198	$1.5M

Neighborhood

Average Price

Seattle - 98198

$1.5M