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MLS # 722298 - 1206 39th Street, Des Moines, IA 50311

$210,000

Price Decreased
  • MLS# 722298
  • Bedrooms 4
  • Bathrooms 3
  • Total Sq.ft 1,964
  • Property Type Multi-Family
  • Style OneAndOneHalfStory
  • Basement Unfinished
  • Year Built 1918

Property Description

$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years. This property is in a high-demand rental area, with proximity to local amenities, schools, and public transportation. Whether you're looking to add to your existing investment cash flowing portfolio or step into the Des Moines rental market for the first time, this location offers excellent cash flow potential with minimal maintenance concerns due to recent updates. (Neighboring property 3903 University is also for sale, would consider a discount if sold together)

Legal: N 43 FT S 143 FT E 86 1/4 FT LOT 61 CHETWYND
Active

Property Information

  • 722298
  • $210,000
  • 1206 39th Street
  • Des Moines N.West
  • Des Moines
  • Polk
  • IA
  • Sale
  • MultiFamily
  • OneAndOneHalfStory
  • Unfinished
  • 1964
  • Head west on East 3rd Street, then turn left onto Martin Luther King Jr. Parkway (US-69) heading north. Continue on MLK Jr. Parkway for about two miles and then turn left onto 39th Street. Follow 39th Street for a short distance, and the property will be on the left side.
  • 56
  • 1918
  • 3
  • 4
  • 50311

LISTED BY

Keller Williams Realty GDM, Darson Grantham (641.745.0156)

Property Location

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Request Info For MLS #722298

The Slavin & Partners Team @ RE/MAX Precision - Licensed In Iowa Each Office Independently Owned And Operated.

The Slavin & Partners Team @ RE/MAX Precision

Licensed In Iowa Each Office Independently Owned And Operated.

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