2938 E Euclid Avenue

Des Moines, IA 50317

About this property

Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add. The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors. Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.

About this property

Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add. The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors. Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.

Features and Additional Information

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$159,900 Pending
6 Bed(s)
2
Baths
1,275 sqft

Presented By Nerem and Associates Real Estate

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Get in touch today! Phone: 1-515-432-5650
Brokerage
GoSynergy Realty
1-515-441-2173
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Area Information

Des Moines N.East | Polk County |

$ 159,900
This listing is play_arrow 32.0% lower than the average in the area
$ 235,000 in the area
1,275 SqFt
This listing is play_arrow 10.6% larger than the average in the area
1,153 SqFt in the area
$ 125 $/SqFt
This listing is play_arrow 38.6% less than the average in the area
$ 204 $/SqFt in the area
63 days on site
This listing is play_arrow 11.9% below the average in the area
72 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Lindsay Prothero
Brokerage: GoSynergy Realty

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