$120,500

425 NE Broadway Avenue, Des Moines, IA 50313

  • 2 beds |
  • 1 bath |
  • 1,038 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $116/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Discover a rare mixed-use investment opportunity on a spacious lot. This home is ideal for both traditional buyers and investors seeking rental income or space for a side business. With mixed-use zoning, you can build a shop or small commercial space behind the house making it perfect for a workshop, storage, office, or boutique-style venture. Much of the remodeling is already done, making it rental-ready with lower upfront maintenance costs. Low county taxes add even more value. This property offers the best of both worlds: a turn-key home for tenants plus the flexibility to expand or create additional income on the rear lot. A solid, versatile option for anyone looking to grow their portfolio or launch a new project. Property being sold As-Is.

Listing Status:
Pending
Date Added:
January 7, 2026
Data Last Updated:
July 26, 2026 at 12:17PM
Listing Office:
LPT Realty, LLC : (515) 669-4010
Listing Agent:
Tom Butler : (515) 491-1561
MLS ID:
732499
  • General: Dining Area
  • Basement: Crawl Space
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas
  • Style: One and One Half StoryTraditional
  • Roofing: AsphaltShingle
  • General: Vinyl SidingOne and One HalfBlock
  • Road/Access: Asphalt
  • Originating MLS: DMAAR_DM
  • School District: Saydel Consolidated
  • County: Polk
  • Zoning: MULOT 68 FREEHOLD27001206000000
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Tom Butler , LPT Realty, LLC

Monthly Payment

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

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Location

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