Residential Income

Des Moines, WA Residential Income 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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Based on your search, we've compiled 14 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 5 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.

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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.

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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.

Development Land Near SR-167 Extension
Development Land Near SR-167 Extension

5108 Chrisella Rd E, Edgewood, WA 98372

Contact for pricing
788,000 sqft 18.09 AC lot

18.09 acres of development land in Edgewood, Washington.

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Tacoma Land Parcel For Sale
Tacoma Land Parcel For Sale

4014 Pacific Ave, Tacoma, WA 98418

Contact for pricing
94,000 sqft 0.22 AC lot

Permit-ready land parcel in Tacoma, near I-5 and amenities.

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Tacoma Industrial Development Opportunity
Tacoma Industrial Development Opportunity

3525 South Cedar Street, Tacoma, WA 98409

$225,000

Versatile lot in Tacoma's industrial corridor with development potential.

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Puyallup Vacant Land For Sale
Puyallup Vacant Land For Sale

0 59th Ave E, Puyallup, WA 98371

$350,000
3.20 AC lot

3.2 acres of residential land suitable for two homes.

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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.

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
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22805 30Th Ave
Multifamily properties

22805 30Th Ave, Des Moines, WA 98198

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

0 Des Moines Land, Des Moines, WA 98198

Value Estimation by Request
9,069 sqft
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26915 Pacific Hwy
Land

26915 Pacific Hwy, Des Moines, WA 98198

Value Estimation by Request
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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 Residential Income Properties Market Trends and Statistics

Explore 6 residential income 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 residential income 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
Multifamily properties 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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