$269,000

717 Franklin Avenue, Des Moines, IA 50314

  • 11 beds |
  • 6 baths |
  • 4,233 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $64/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $4120/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info. All units have only one tenant currently, so landlord expenses are low. Individual rents: #1 $650 #2 $870 #3 $750 #4 $650 #5 $600 #6 $600

Listing Status:
Active
Date Added:
October 10, 2025
Data Last Updated:
July 26, 2026 at 7:19AM
Listing Office:
Keller Williams Ankeny Metro : (515) 965-9100
Listing Agent:
Abby Hausmann-Virgil : (515) 965-9100
MLS ID:
727975
  • General: Window Treatments
  • Appliances: RefrigeratorStove
  • Basement: Unfinished
  • Flooring: CarpetHardwood
  • A/C: None
  • Heating: Forced AirGasNatural Gas
  • Style: Two Story
  • Roofing: AsphaltShingle
  • General: Stucco2
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: R1-60LOTS 20 & 21 OP GOV LOT 2 SEC 34-79-2408007891001000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Abby Hausmann-Virgil , Keller Williams Ankeny Metro

Monthly Payment

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

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