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$240,000
Est. payment /mo
4 Beds
2 Baths
1,536 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $156
MLS Listing ID 749497
Style Ranch
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1973
Annual Tax Amount $4,171
Lot Size 0.551 Acres
Acres 0.551
Property Description
Investors, here's an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.
Location
State IA
County Polk
Area Des Moines N.East
Zoning N2A-2
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Flooring Carpet
Fireplace No
Exterior
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Rectangular Lot
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Tax ID 06000065003000
Monthly Total Fees $347
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by Pennie Carroll & Associates
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