Income-Generating Duplex in Des Moines! This well-maintained duplex at 3416 1st St, Des Moines, IA, offers an excellent investment opportunity. Each unit features two spacious bedrooms, updated kitchens, modern bathrooms, and generous living areas, ensuring comfort for the tenants. The property is conveniently located in a quiet and friendly neighborhood, close to schools, shopping centers, and public transportation. The duplex comes with reliable tenants already in place, providing a steady rental income. The landlord’s only expense is water making it a low-maintenance investment. Additionally, the property offers ample parking space and the potential for rent increases, enhancing its long-term value. This duplex is perfect for investors looking for a hassle-free rental property with consistent cash flow. Don't miss out on this fantastic opportunity to own a profitable piece of real estate in Des Moines!
MLS# | 700365 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Days On Site | 225 |
Listing Provided By | ITown Real Estate, LLC | Brad Cowger |
Bed(s) | 4 |
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Bath(s) | 2 Total |
SQ Feet | 1,764 |
Story(s) | 2 |
Zoning | n5 |
Acreage | 0.15 |
State | IA |
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County | Polk |
City | Des Moines |
Zip Code | 50313 |
Area | Des Moines N.East |
Listing VS Median (In 50313) | |
Price: $175,000 low | high Med: $200,000 SqFt: 1,764 low | high Med: 840 $ / SqFt: $99 low | high Med: $238 On site: 225 low | high Med: 15.000000 |