Des Moines, WA 98198,21833 7th AVE S
Des Moines, WA 98198,21833 7th AVE S
Des Moines, WA 98198,21833 7th AVE S
Des Moines, WA 98198,21833 7th AVE S
Des Moines, WA 98198,21833 7th AVE S
Des Moines, WA 98198,21833 7th AVE S
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Listed by Paragon Real Estate Advisors Ryan Iles 
$ 3,450,000
Est. payment | /mo

26 Beds

23 Baths

16,100 SqFt


Save
$ 3,450,000
Est. payment | /mo
Save

26 Beds

23 Baths

16,100 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,100 sqft

Price per Sqft $214

Subdivision Des Moines

MLS Listing ID 2448401

Style 56 - 10+ Units

Bedrooms 26

Year Built 1962

Annual Tax Amount $45,704

Lot Size 1.051 Acres

Property Sub-Type Multi Family

Property Description

23-unit value-add apartment community in the desirable Des Moines Marina District. Built in 1962, the Cliff offers a mix of studio 1 and 2 bedroom units. Livable and cool mid-century layouts with great natural light position the property well for a renovation strategy that enhances tenant appeal and drives income potential. Building features and amenity spaces include a convenient common laundry area on the lower level, large and secure tenant storage lockers and a small office suitable for a property manager or maintenance staff. Priced at $150,000 per unit, the Cliff Apartments present a compelling opportunity to acquire a quality asset offering significant upside in a desirable and thinly traded waterfront community.

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
Kristy Woodford

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 508-2800

kristy@holistichomegroup.com

442 72nd Way NE, Olympia, Washington, 98506, USA

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21833 7th AVE S