$2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls within the InvestDSM revitalization zone supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.
| MLS # | 741730 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1888 |
| Days On Site | 89 |
| Listing Provided By | Keller Williams Realty GDM | Darson Grantham |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,838 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | R1-60 |
| Acreage | 0.18 |
| Tax Annual Amount | 4731.11 |
|---|
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50311 |
| Area | Des Moines West |
| Listing VS Median (in 50311) | |
Price: $240,000 low | high Med: $234,900 sqft: 2,838 low | high Med: 1,020 $ / sqft: $85 low | high Med: $230 On site: 89 low | high Med: 22 | |
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50311 |
| Area | Des Moines West |
| Listing VS Median (in 50311) | |
Price: $240,000 low | high Med: $234,900 sqft: 2,838 low | high Med: 1,020 $ / sqft: $85 low | high Med: $230 On site: 89 low | high Med: 22 | |