$225,000

1318 23rd Street, Des Moines, IA 50311

  • 4 baths |
  • 2,122 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1892
  • Property Lot Size Icon8,625sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Great investment opportunity with this renovated four plex. Recent upgrades including a new roof, mini-split heating and cooling systems, furnace, water heater, sewer line, and water line ensure low maintenance. Each unit has been updated recently. Whether you're a seasoned investor or new to real estate, this turnkey property offers the perfect opportunity to capitalize on the high demand for multi-family housing in the area. Current rents have been between $800-$950 per unit. Call to set up a showing today!

Listing Status:
Active
Date Added:
November 4, 2025 at 06:00AM
Listing Office:
LPT Realty, LLC : (877) 366-2213
Listing Agent:
Kyle Clarkson : (515) 554-2249
MLS ID:
729696
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas
  • Style: Two Story
  • Roofing: AsphaltShingle
  • General: Wood Siding2
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: R-3LT 13 UNIVERSITY PLACE; AND LT 415 UNIVERSITY LAND COS 2ND ADDITION08006845001000
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Kyle Clarkson, LPT Realty, LLC

Monthly Payment

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

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Location

Schools Nearby

K

King Elementary School

1849 Forest Ave, Des Moines, IA, 50314

Grades KG-5

0.37 miles away

R

Ruby Van Meter

710 28th St, Des Moines, IA, 50312

Grades KG-12

0.93 miles away

R

Ruby Van Meter

710 28th St, Des Moines, IA, 50312

Grades KG-12

0.93 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.