1527 Forest Avenue,Des Moines, IA 50314
Des Moines, IA 50314
Description
Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mechanicals and new roof/facia and soffits. Current rental certificate.
Details
| MLS # | 737839 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 113 |
| Listing Provided By | 515 Rentals & Sales LLC | Adam Metzker |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,729 |
| Units | 2 |
| Zoning | N5 |
| Acreage | 0.10 |
Taxes
| Tax Annual Amount | 3300 |
|---|
Area Information
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50314 |
| Area | Des Moines N.West |
| Listing VS Median (in 50314) | |
Price: $199,000 low | high Med: $200,000 sqft: 3,729 low | high Med: 1,567 $ / sqft: $53 low | high Med: $128 On site: 113 low | high Med: 407 | |
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Learn More About This Property
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50314 |
| Area | Des Moines N.West |
| Listing VS Median (in 50314) | |
Price: $199,000 low | high Med: $200,000 sqft: 3,729 low | high Med: 1,567 $ / sqft: $53 low | high Med: $128 On site: 113 low | high Med: 407 | |
