21833 7th Avenue S Des Moines, WA 98198
21833 7th Avenue S
Des Moines, WA 98198
$3,450,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Des Moines
10+ Units
Exterior: Brick
Exterior: Wood Products
Roof: Composition
Year Built: 1962
2025 Taxes: $45704.00
Buyer Broker Comp.: 2.0%
Listing #: 2448401
Lot Details
Lot Size: 1.05 acres
No. of Units: 23
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 21833 7th Avenue S Des Moines, WA 98198?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Paragon Real Estate Advisors
