$260,000

1355 24th Street, Des Moines, IA 50311

  • 4 beds |
  • 2 baths |
  • 2,064 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1897
  • Property Lot Size Icon7,797sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $126/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Investor opportunity within walking distance of Drake University. This turn-key duplex features two occupied units on month-to-month leases, offering immediate cash flow with room for growth. Both the upper and lower units include 2 bedrooms, 1 bathroom, and independent layouts. All appliances stay with the property, including a dedicated washer and dryer setup for each unit. The lower unit features a newer refrigerator, while the upper unit has been updated within the last two years with newer appliances and durable LVP flooring. Each tenant responsible for their own electric. The detached garage electricity is tied to the upper unit meter. Gas and water are landlord expenses. A great addition to a portfolio or a perfect house-hack opportunity close to campus. This property also features a possible assumable VA loan for qualified buyers. Call your agent to schedule a tour.

Listing Status:
Active
Date Added:
July 2, 2026
Data Last Updated:
July 26, 2026 at 5:18AM
Listing Office:
RE/MAX Concepts : (515) 276-2872
Listing Agent:
Heather Wright : (515) 229-2012
MLS ID:
744385
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced AirGas
  • Style: Two Story
  • Parking: DetachedGarageOne Car Garage
  • General: Vinyl Siding2Brick/Mortar
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: NX1LOT 7 DRAKE UNIVERSITY OP08001569000000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Source: DMAAR_DM

This listing courtesy of Heather Wright , RE/MAX Concepts

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
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Location

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