Woodhaven Apartments is a turnkey 6-unit property in Des Moines, fully renovated with in-unit laundry, off-street parking, and full occupancy. Just a half mile from the new Kent Des Moines Light Rail Station, it benefits from strong commuter demand and long-term value tied to transit-oriented development. The 17,953 SF site is zoned PR-R, allowing multifamily and mixed-use, and a recent feasibility study indicates development potential for 5 additional units, offering meaningful upside for investors.
Prime Des Moines Fourplex offering strong upside! Located near Highline College, I-5, and future light rail, this 4-unit property features large 1,000 SF units with rents estimated to be over 15% below market. This property is surrounded by growing amenities and major employers making this is an excellent opportunity to secure a stable income asset with below market rents in a high demand market with long-term appreciation potential.
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Des Moines is located in Washington. Des Moines, Washington has a population of 32,631. Des Moines is less family-centric than the surrounding county with 30.24% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Des Moines, Washington is $73,131. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Des Moines is 38.6 years.
The average high temperature in July is 76.7 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 38.9 inches per year, with 5 inches of snow per year.