Iowa
Des Moines
124 E Olinda Avenue

$255,000

124 E Olinda Avenue, Des Moines, IA 50315

6 beds |
2 baths |
2,422 sqft

Multi-Family Home
Built in 1913
7,187sqft lot
—— car garage
$105/sqft
Listed 1 month ago

Property Description

Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering ideal separation and privacy. Both have spacious living areas, and functional layouts. Conveniently located within walking distance to Principal Park, the Downtown Farmers Market, restaurants, shopping, and more. Easy access to major roads and public transportation. Whether you're looking to live in one unit and rent the other or add to your investment portfolio, this property offers flexibility and location appeal. Don’t miss this excellent opportunity to own a duplex in the heart of Des Moines!

Listing Status:: Active
Date Added:: May 21, 2025 at 05:00AM
Listing Office:: BH&G Real Estate Innovations : (515) 962-5555
Listing Agent:: Misty Darling : (515) 478-3664
MLS ID:: 718590

A/C: Central Air
Heating: Forced AirGasNatural Gas

This listing courtesy of Misty Darling, BH&G Real Estate Innovations

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

McKinley Elementary School

1610 SE 6th St, Des Moines, IA, 50315

Grades EE-5

0.52 miles away

Weeks Middle School

901 E Park Ave, Des Moines, IA, 50315

Grades 6-8

1.15 miles away

Lincoln High School

2600 SW 9th St, Des Moines, IA, 50315

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.