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28-Unit Apartment Community
For Sale
Contact for pricing
Pending

24331 228th Ave SE, Maple Valley, WA 98038

Five-building community with detached garages, in-unit laundry, a shared barbecue area, and a playground.

Property SizeContact for details
Lot Size2.40 Acres
Days on Market144

Property Features for 24331 228th Ave SE

General Information

Standard status Pending
Lot size 2.40 Acres
Property subtype Multifamily

Units

Unit Mix 28 x 1300sf 3BR/2BA
Multifamily Units 28

Additional Details

Highway Access Yes

Amenities

in-unit washer/dryers
community bbq area
playground

Building Details

Year Built 2009
Buildings 5
Listing Agency: Kidder Mathews Tacoma
Listed By: Austin Kelley · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 11:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

Built in 2009, this multifamily community contains 28 apartment units across five residential buildings on just over 2.4 acres. The low-density layout includes separate garage units, in-unit washer and dryers, a communal barbecue area, and a playground.

The property is positioned near major highways and local amenities in Maple Valley, providing access to the surrounding community. The building configuration also supports centralized professional management across the residential improvements.

Key Highlights

  • 28 apartment units across five residential buildings
  • Built in 2009 on just over 2.4 acres
  • Separate garage units serve the residential buildings

Property Analytics

Current Use

Brandon Place Apartment Building

Suggested Use

Top Pick Hair Salon Law Firm Parking Lot & Garage Nail Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 98038, WA

37,487
Population
13,157
Households
2.8
Avg Household Size
38
Median Age
46%
College-Educated
97%
High-School Grad
65.8 sq mi
ZIP Area
570
Density / Sq Mi
$144,733
Median Household Income
$73,422
Median Earnings
$2,152
Median Rent
$714,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-building community with detached garages, in-unit laundry, a shared barbecue area, and a playground.
Where is this apartment building located?
The property is located at 24331 228th Ave SE Maple Valley, WA.
What are key features of this property?
This property features: 28 apartment units across five residential buildings; Built in 2009 on just over 2.4 acres; Separate garage units serve the residential buildings
(253) 722-1413 Call to check price and availability
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