Des Moines four plex for sale! Income producing property south of Grandview University on the west side of E. 14th Street. 2 one bedroom units. 2 efficiency units. All 4 units are currently occupied. Owner pays water and common area MidAmerican. 5 separate meters. Rental certificate good through December 2027. Property is being sold AS-IS.
Attention Investors! Here's a prime opportunity for you: A 4-unit property boasting robust cash flow and strategic enhancements designed to attract tenants. This gem comprises two 2-bedroom units and two 1-bedroom units. Recent updates are plentiful, featuring fresh exterior paint, a partially new roof (completed in 2019), a brand-new furnace (installed in 2019), and a modern water heater (upgraded in 2020). Additionally, two units have been outfitted with new carpeting, while two others boast updated bathrooms. One unit has received a fresh coat of interior paint, enhancing its appeal. Equipped with refrigerators and stoves in each unit, convenience is a priority here. Situated near a bus line, with a short commute to downtown Des Moines and easy access to I-235, this location offers unparalleled convenience for tenants. It's not just an investment; it's a pathway to wealth through real estate. Don't miss out on this lucrative opportunity!
4plex. All New: Roof, Gutters, Electrical, Windows, Tree removal, Tuck-pointing, Doors, Stoop and Awning, Refinished Hardwood floors, Paint, Stairs, Wainscoting, Lights, Quartz Countertops, Trim, Appliances, Vanities/Cabinets, Tile showers and Backsplashes, Hardware, Landscaping, "Mudroom" Lockers, Faucets, Outlets and Covers, Toilets, Parking Gravel (21.5 tons), and Much More!
The median home value in Des Moines, IA is $175,700. This is lower than the county median home value of $247,000. The national median home value is $338,100. The average price of homes sold in Des Moines, IA is $175,700. Approximately 55.3% of Des Moines homes are owned, compared to 36.9% rented, while 7.8% are vacant. Des Moines real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Des Moines real estate agent to arrange a tour today!
Des Moines, Iowa 50316 has a population of 213,545. Des Moines 50316 is less family-centric than the surrounding county with 27.63% of the households containing married families with children. The county average for households married with children is 34.53%.
The median household income in Des Moines, Iowa 50316 is $58,444. The median household income for the surrounding county is $73,015 compared to the national median of $69,021. The median age of people living in Des Moines 50316 is 34.2 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 35.9 inches per year, with 32.9 inches of snow per year.