Calling All Investors! This duplex is a fantastic opportunity to start your rental portfolio or add two income-producing doors to your existing investments. Conveniently located near a bus line with a short commute to downtown, the property is also close to MacRae Park and Lincoln High School. The main-level unit features two bedrooms, one bath, a full kitchen, and additional storage space in the lower level. This unit also enjoys access to a detached two-car garage. Upstairs, the cozy and efficient one-bedroom unit offers comfortable living with a practical layout. All appliances are included in both units, making the transition easy for the next owner. Major updates provide peace of mind, including low-maintenance siding, a new roof (2025), new furnace (2025), and new central air system (2026), creating a near turnkey investment opportunity. The property has a history of long-term tenants who are currently in good standing. Lovingly maintained by the same family for many years, this income-producing property is ready for its next chapter. Whether you're a first-time investor or looking to expand your portfolio, this is an opportunity you won't want to miss!
| MLS # | 742820 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 74 |
| Listing Provided By | Pennie Carroll & Associates | Pennie Carroll |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,586 |
| Garage | 2 |
| Basement | Y |
| Units | 2 |
| Zoning | N3B |
| Acreage | 0.16 |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage, Two Car Garage |
| Tax Annual Amount | 3664 |
|---|
| Community Features | See Remarks, Sidewalks |
|---|
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50315 |
| Area | Des Moines S.West |
| Listing VS Median (in 50315) | |
Price: $187,500 low | high Med: $211,500 sqft: 1,586 low | high Med: 850 $ / sqft: $118 low | high Med: $249 On site: 74 low | high Med: 45.5 | |
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50315 |
| Area | Des Moines S.West |
| Listing VS Median (in 50315) | |
Price: $187,500 low | high Med: $211,500 sqft: 1,586 low | high Med: 850 $ / sqft: $118 low | high Med: $249 On site: 74 low | high Med: 45.5 | |