Iowa
Des Moines
1513 Des Moines Street

$220,000

1513 Des Moines Street, Des Moines, IA 50316

6 beds |
3 baths |
2,806 sqft

Multi-Family Home
Built in 1901
7,492sqft lot
—— car garage
$78/sqft
Listed 5 months ago

Property Description

Welcome to 1513 Des Moines Street, a prime multi-unit investment property in the heart of Des Moines. This 3-unit multiplex presents an excellent opportunity for investors seeking immediate rental income with built-in occupancy. Two of the three units are already filled, providing steady cash flow from day one. The property offers three distinct rental units, each with its own full bathroom. The first unit is a spacious 3-bedroom, 1-bathroom layout, ideal for a larger household. The second unit features 2 bedrooms and 1 bathroom, providing comfortable living space, while the third unit is a 1-bedroom, 1-bathroom unit, perfect for a single occupant or couple.

Listing Status:: Active
Date Added:: February 13, 2025 at 06:00AM
Listing Office:: Keller Williams Realty GDM : (515) 334-4900
Listing Agent:: Darson Grantham : (641) 745-0156
MLS ID:: 711532

Appliances: MicrowaveRefrigeratorStove
Basement: Unfinished
A/C: Window Unit(s)
Heating: Forced AirGasNatural Gas

This listing courtesy of Darson Grantham, Keller Williams Realty GDM

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Capitol View Elementary School

320 E 16th St, Des Moines, IA, 50316

Grades EE-5

0.17 miles away

Hiatt Middle School

1430 E University Ave, Des Moines, IA, 50316

Grades 6-8

0.50 miles away

East High School

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

Grades 9-12

0.33 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.