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    Des Moines, WA Multifamily Properties for Sale

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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.
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    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.

    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
    Kent Land with Development Potential
    Kent Land with Development Potential

    23810 30th Ave S, Kent, WA 98032

    $2,950,000
    1 sqft 1.00 AC lot

    Land suitable for mixed-use development near Light Rail Station.

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    Transit-Oriented Development Land in Kent
    Transit-Oriented Development Land in Kent

    23826 Pacific Hwy S Kent, Kent, WA 98032

    $3,995,000
    0.59 AC lot

    High-density TOD land near Kent/Des Moines Link light rail.

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    First Hill High-Rise Development Site
    First Hill High-Rise Development Site

    815 9th Avenue #3 & 6, Seattle, Seattle, WA 98104

    $8,200,000
    0.25 AC lot

    High-rise development site in First Hill with approved MUP.

    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.

    Sequim Land with Panoramic Views
    Sequim Land with Panoramic Views

    463 Miller Road, Sequim, WA 98382

    $1,199,000
    9.90 AC lot

    9.9 acres with saltwater, mountain, and city views.

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    Lexington Westside Highway RV Resort
    Lexington Westside Highway RV Resort

    1820 West Side Hwy, Kelso, WA 98626

    Contact for pricing
    20.00 AC lot

    Proposed 184-space RV resort with river access in Lexington.

    View details
    Naches RV Resort Bluff-Top Lot
    Naches RV Resort Bluff-Top Lot

    62-1769 Naches Wenas Rd, Selah, WA 98942

    $110,000

    Bluff-top RV lot with full hookups and resort amenities.

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    Secluded RV Lot with Mountain Views
    Secluded RV Lot with Mountain Views

    1769 Naches Wenas Road, Unit 12, Selah, WA 98942

    $164,000
    0.12 AC lot

    Private RV lot with full hookups and resort amenities.

    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 Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Des Moines, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for multifamily properties in Des Moines, WA start at $1,100,000, averaging $1,100,000, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    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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