1. Iowa
  2. Des Moines
  3. 1642 E Grand Avenue
$199,999

1642 E Grand Avenue, Des Moines, IA 50316

  • 4 beds |
  • 3 baths |
  • 1,768 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1882
  • Property Lot Size Icon5,271sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $113/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Great investor opportunity with this tri-plex in east Des Moines! This property is fully occupied with Units 1 and 2 bringing $850 per month and Unit 3 bringing $750 per month. Monthly costs are between $1600-$1800. Cash Flow is great if you're looking for a side hustle! Rental certificate in place. Open to creative financing.

Listing Status:
Active
Date Added:
July 17, 2025 at 05:00AM
Listing Office:
Agency Iowa : (515) 877-4692
Listing Agent:
Beth Cochran : (515) 979-3750
MLS ID:
722579
  • Appliances: RefrigeratorStove
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced AirGas

This listing courtesy of Beth Cochran, Agency Iowa

Monthly Payment

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

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Location

Schools Nearby

C

Capitol View Elementary School

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

Grades EE-5

0.19 miles away

H

Hiatt Middle School

1430 E University Ave, Des Moines, IA, 50316

Grades 6-8

0.60 miles away

E

East High School

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

Grades 9-12

0.53 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.