Multifamily · Des Moines · Seattle-Bellevue metro, WA
One of 73 reachable multifamily buildings in Des Moines. Larger than 16% of multifamily buildings in Des Moines (median 14,387 SF), derived from assessor records.
Usable building area
4,876 SF, King County Assessor
Lot size
6,000 SF, King County Assessor
Year built
1945, King County Assessor
Stories
2, King County Assessor
Predominant use
Retail & Apartment, King County Assessor
Assessed value
$997,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$204.47/SF, derived from assessor records
Usable area / lot
0.81, derived from assessor records
Vintage
1940s vintage
Zoning
D-C, King County
County use code
Apartment(Mixed Use)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $1.05M (estimated market value), with a likely range of $934K to $1.2M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Multifamily in Des Moines
median verified sale $237.68/SF over the trailing 24 months; median $181,567 per unit; 5 sales in the last 12 months and 6 in 24 (newest verified sale 2026-02).
2023: $274.04/SF median (4 sales)
2025: $237.68/SF median (4 sales)
Computed from 144 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2016-04-18 for $575,000 (recorded arm's-length sale).
Current ownership dates to 2016 (about 10 years) per recorded transfers.
2019-07-01: $2,936 from Budd Tugly Buildings LLC to Puget Sound Energy INC, rec. 20190718000302
2016-04-18: $575,000 from Private party to Budd Tugly Buildings LLC, rec. 20160422001666
2010-12-07: $331,800 from North By Northwest Hitchcock LLC to Private party, rec. 20101210001431
2005-12-29: $195,000 from Private party to North By Northwest Hitchcock LLC (non-market transfer), rec. 20051229002849
2005-12-28: $195,000 from Private party to North By Northwest Hitchcock LLC, rec. 20051229002850
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $349,400 (2011) to $997,000 (2026), up 185% over 15 years, per county tax rolls. The 2026 roll splits $997,000 into $156,000 land and $841,000 improvements.
Zoning: D-C (per King County)
Lot: 6,000 sq ft
Rated views: Puget Sound
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Storage Warehouse 2,070 SF; Retail Store 2,070 SF; Apartment 736 SF (county building sections)