$550,000

801 & 807 E Mckinley Avenue, Des Moines, IA 50315

  • 8 beds |
  • 4 baths |
  • 3,499 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $157/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

If you're looking for a duplex portfolio, this is your chance! 801 & 807 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage and are located just off E. McKinley Ave in a desirable South Des Moines neighborhood. The combined gross monthly income for both duplexes is $4,830. Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 803 has new furnace & AC (2022). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 707, 715, and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.

Listing Status:
Active
Date Added:
June 9, 2026
Data Last Updated:
July 26, 2026 at 7:19AM
Listing Office:
RE/MAX Precision : (515) 223-9492
Listing Agent:
Dustin Kupka : (515) 681-7001
MLS ID:
742720
  • Appliances: DishwasherMicrowaveRefrigeratorStove
  • Basement: Egress WindowsFinishedWalk-Out Access
  • Flooring: Carpet
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas
  • Style: Two Story
  • Roofing: AsphaltShingle
  • General: 2Block
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: N3ALOT 3 BELNOR HEIGHTS PLAT 212000138103003 & 120/00138-102-000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Dustin Kupka , RE/MAX Precision

Monthly Payment

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

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Location

Similar Listing

707 & 715 E Mckinley Avenue, Des Moines, IA 50315
Multi-Family Home For Sale

$590,000

  • 8 bed |
  • 4 bath |
  • 3,499 sqft |
  • 0.67 acre lot
707 & 715 E Mckinley Avenue Des Moines, IA 50315

#742767 - RE/MAX Precision