$252,000 Price Analysis    ♡   Des Moines, IA 50316 0 bed 4 bath 2,213 SqFt ($113/SqFt) 7,492SqFt lot. Built 1900 Listed 2024-04-18, Taxes $4,132 | Ⓧ USDA Ineligible due to location near Des Moines |
Attention Investors!
* Sale Pending *Here's a prime opport unity 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), 2 new furnaces and 2 new water heaters (2020) Kitchen remodel in unit 4 (2021) Pristine Carpet Unit 3 (2024) Additionally, two units have been outfitted with new carpeting in 2019, while two others boast updted bathrooms.
One unit has received a fresh coat of interior paint, enhancing its appeal. The lower level also has additional space that could be leased for storage. 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 an investment; it's a pathway to wealth through real estate. Don't miss out on this lucrative opportunity!
Presented by Erin Rundall at
Keller Williams Realty Gdm.
Property MLS #693474 from DesMoines
Full Bathrooms: 4
Full Bathrooms On Level 1: 2
Full Bathrooms On Level 2: 2
Stoves Total: 4
Heating Features: Gas Forced Air
Lot Size Dimensions: 50X150
Lot Size Square Feet: 7492
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 2
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: Polk
Directions: From I235 take exit 6B, North on Pennsylvania, East on E University, North on York to home
Tax Year: 2022
Source Property Type: Multi-Family
Inclusions: Refrigerator, Stove
Area: Des Moines N.East
Source Neighborhood: Des Moines N.East
Parcel Number: 11004429000000
Postal Code Plus 4: 2400
Zoning: R1-60
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $136,100 + $13,900 $150,000 | $4,132 |
| 2021 | $136,100 + $13,900 $150,000 | $3,672 |
| 2020 | $110,300 + $12,700 $123,000 | $4,126 |
| 2019 | $110,300 + $12,700 $123,000 | $3,612 |
| 2018 | $89,300 + $12,700 $102,000 | $3,842 |
| 2017 | $89,300 + $12,700 $102,000 | $3,606 |
| 2016 | $81,400 + $10,600 $92,000 | $3,760 |
| 2015 | $81,400 + $10,600 $92,000 | $3,518 |
| 2014 | $71,400 + $10,600 $82,000 | $3,666 |
| 2013 | $71,400 + $10,600 $82,000 | $3,846 |
| 2012 | $71,400 + $10,600 $82,000 | $3,814 |
| 2011 | $71,400 + $10,600 $82,000 | $4,230 |
| 2010 | $81,400 + $10,600 $92,000 | $4,166 |
| 2009 | $81,400 + $10,600 $92,000 | $4,160 |
| 2008 | $81,400 + $10,600 $92,000 | $4,190 |
| 2007 | $81,400 + $10,600 $92,000 | $4,222 |
$252,000
DesMoines
Listed 2024-04-18
$257,000
DesMoines
Listing removed 2023-07-06
$0
RentFeeder
Price Changed for rent 2023-06-15
$630
RentFeeder
Listed for rent 2023-03-14
$655
RentFeeder
Listing removed 2022-11-03
$0
RentFeeder
Price Changed for rent 2022-09-12
$685
RentFeeder
Price Changed for rent 2022-09-03
$680
RentFeeder
Price Changed for rent 2022-08-30
$775
RentFeeder
Listed for rent 2022-08-24
$680
RentFeeder
Listing removed 2022-04-02
$0
RentFeeder
Price Changed for rent 2022-03-17
$655
RentFeeder
Price Changed for rent 2022-03-11
$750
RentFeeder
Price Changed for rent 2022-02-17
$780
RentFeeder
Listed for rent 2021-12-07
$800
RentFeeder
Sold 2021-05-20
$218,000
DesMoines
Listed 2021-03-08
$225,000
DesMoines
Listing removed 2020-07-10
$0
DesMoines
Listed 2020-04-28
$225,000
DesMoines
Sold 2019-05-03
$160,000
DesMoines
Listing removed 2019-03-06
$0
DesMoines
Listed 2019-02-21
$185,000
DesMoines
Price Changed 2018-10-02
$175,000
DesMoines
Price Changed 2018-09-20
$185,000
DesMoines
Listed 2018-09-05
$200,000
DesMoines
Listing removed 2017-04-27
$705
ShowMojo
Listed for rent 2017-04-22
$705
ShowMojo
Listing removed 2015-04-04
$125,000
DesMoines
Listed 2014-10-03
$125,000
DesMoines
Listing removed 2011-02-11
$160,000
DesMoines
Listed 2010-08-04
$160,000
DesMoines
Sold 2006-10-20
$107,000
Public Record
Sold 2005-05-18
$89,000
Public Record
Sold 2003-01-30
$76,000
Public Record
Sold 1999-10-01
$60,750
Public Record
Sold 1988-07-08
$44,530
Public Record
Sold 1987-12-07
$45,000
Public Record
Year Built: 1900
BelowGradeFinishedArea: 650
Building Exterior Type: Metal Siding
Property Age: 124
Roof: Asphalt Shingle
House Style: Two Story
Total Area Sqft: 2213
Total Below Grade Area: 1352
Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.