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$190,000   Price Analysis
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1221 McKinley Ave
Des Moines, IA 50315
0 bed 1 bath 1,040 SqFt ($182/SqFt)
Built 1967
Listed 2024-02-19, Taxes $2,102
Ⓧ USDA Ineligible
due to location

near Des Moines

Begin your investments here!

In this offering are 2 duplexes, 4 total units that must be sold together totaling $380, 000.00. Addresses are 1217 and 1221 McKinley Ave. Each duplex features 2 units each unit including 1 bed and 1 bath. Each duplex has maintenance free vinyl siding, separated utilities for gas, electric, water and sewer so each tenant can cover their own utilities. Fully leased with exceptional rent rates. 3 out of four units have been updated and upgraded with new bathrooms, LVP flooring throughout, water heaters and a variety of new features.

2 units have in unit washer/ dryer. Current rental certificates on all units. Location is great with a short 8-minute commute to downtown, easy access to the hghway 5 bypass and the SW corridor and close to shopping, Grays Lake and Easter Lake. Too many reasons not to take advantage of a golden opportunity. Please do not approach tenants or set foot on the property without scheduling an appointment with the current leasing agent. Showings will be done as part of the offer process. See listing agents for more information.


Presented by Tammy Albright at
Iowa Realty - Ankeny.


Property MLS #689526 from DesMoines

Bedrooms: 0

Total Bathrooms: 1.00
Full Bathrooms: 1
Full Bathrooms On Level 1: 1

1st Flr Laundry
Laminate Floors
Vinyl Floors

Fridges Total: 2
Stoves Total: 2

Cooling Features: Window
Heating Features: Gas Forced Air

Basement Description: Slab

Regular

Driveway: Concrete

Number of Units: 2
Number of 1 Bedroom Units: 1

School District: Des Moines Independent

Wright Elementary School is a public elementary school located approximately 0.2 miles away.
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Lincoln High School is a public high school located approximately 1.4 miles away.
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Brody Middle School is a public middle school located approximately 1.5 miles away.
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Lincoln Heights Lutheran School is a private elementary and middle school located approximately 0.5 miles away.
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Source Listing Status: Active
County: Polk
Directions: Go to 1221 McKinley to duplexes.
Source Property Type: Multi-Family
Inclusions: Refrigerator, Stove
Area: Des Moines S.West
Source Neighborhood: Des Moines S.West
Number of Separate Gas Meters: 2
Parcel Number: 12002981000000
Postal Code Plus 4: 3830
Zoning: Res
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$68,200 + $21,700
$89,900
$2,102
2021$68,200 + $21,700
$89,900
$2,114
2020$64,400 + $20,300
$84,700
$2,196
2019$64,400 + $20,300
$84,700
$2,034
2018$58,000 + $17,700
$75,700
$2,014
2017$58,000 + $17,700
$75,700
$1,904
2016$54,000 + $16,400
$70,400
$1,856
2015$54,000 + $16,400
$70,400
$1,838
2014$53,500 + $15,700
$69,200
$1,772
2013$53,500 + $15,700
$69,200
$1,724
2012$53,900 + $15,700
$69,600
$1,644
2011$53,900 + $15,700
$69,600
$1,642
2010$56,600 + $17,000
$73,600
$1,564
2009$56,600 + $17,000
$73,600
$1,666
2008$61,300 + $19,500
$80,800
$1,626
2007$61,300 + $19,500
$80,800
$1,678

Price Changed 2024-03-26
$190,000
DesMoines
Listed 2024-02-19
$200,000
DesMoines
Sold 2021-04-12
$120,000
Public Record

Total Square Feet Living: 1040
Year Built: 1967
Building Exterior Type: Vinyl Siding
Foundation Details: Poured
Property Age: 57
Roof: Asphalt Shingle
House Style: Ranch
Total Area Sqft: 1040

Sewer: City
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.