1. Iowa
  2. Des Moines
  3. 1315 E 12th Street
$215,000

1315 E 12th Street, Des Moines, IA 50316

  • 3 beds |
  • 3 baths |
  • 1,621 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,579sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.

Listing Status:
Active
Date Added:
July 25, 2025 at 05:00AM
Listing Office:
Gillum Group Real Estate LLC : (515) 633-7960
Listing Agent:
Jeff Horner : (515) 619-8592
MLS ID:
723046
  • Appliances: RefrigeratorStove
  • Basement: Unfinished
  • A/C: Central AirWindow Unit(s)
  • Heating: Forced AirGas

This listing courtesy of Jeff Horner, Gillum Group Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carver Elementary School

705 E University Ave, Des Moines, IA, 50316

Grades KG-5

0.45 miles away

H

Hiatt Middle School

1430 E University Ave, Des Moines, IA, 50316

Grades 6-8

0.32 miles away

E

East High School

815 E 13th St, Des Moines, IA, 50316

Grades 9-12

0.46 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.

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