10033 Des Moines Memorial Drive S, Seattle, WA, 98168
About This Home
Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1920
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subType: Triplex,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Flooring: Ceramic Tile,Laminate,Vinyl,Carpet
Heating & Cooling
- Heating features: Forced Air,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Details
- Parcel number: 0133000530
- Zoning description: Multi-Family,Residential
- Special condition: Standard
Features
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 7,666 sqft
- Features: Secluded,Fenced-Partially,RV Parking
Parking
- Total spaces: 6
- Parking features: RV Parking
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,044 | $48,528 |
| Home Insurance * | $189 | $2,268 |
| Property Taxes | $835 | $10,020 |
| Electricity | $167 | $2,010 |
| Total | $5,235 | $62,820 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Price change | $799,950 |
| 2026-05-28 | Listed for sale | $849,950 |
| 2023-09-13 | Sold | $640,000 |
| 2023-08-13 | Pending sale | $645,000 |
| 2023-07-27 | Price change | $645,000 |
| 2023-07-19 | Price change | $657,000 |
| 2023-06-14 | Price change | $660,000 |
| 2023-06-07 | Listed for sale | $689,999 |
| 2023-06-04 | Pending sale | $689,999 |
| 2023-06-02 | Price change | $689,999 |
| 2023-05-20 | Price change | $715,000 |
| 2023-05-06 | Price change | $740,000 |
| 2023-04-13 | Listed for sale | $750,000 |
| 2021-01-21 | Sold | $525,750 |
| 2020-11-19 | Pending sale | $525,000 |
| 2020-10-29 | Listed for sale | $525,000 |
| 2020-10-22 | Pending sale | $525,000 |
| 2020-10-19 | Price change | $525,000 |
| 2020-10-07 | Listed for sale | $547,000 |
| 2017-02-08 | Sold | $330,000 |
| 2014-05-20 | Sold | $185,000 |
| 2012-04-06 | Listing removed | $230,000 |
| 2012-03-14 | Listed for sale | $230,000 |
| 2011-06-01 | Listing removed | $65,000 |
| 2010-07-28 | Listed for sale | $65,000 |
| 2010-06-15 | Sold | $187,000 |
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