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MLS # 723486 - 1315 E 12th Street, Des Moines, IA 50316

$215,000

  • MLS# 723486
  • Bedrooms N/A
  • Bathrooms 3
  • Total Sq.ft 1,621
  • Property Type Multi-Family
  • Style TwoStory
  • Basement Unfinished
  • Year Built 1900

Property Description

This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.

Legal: LOT 198 CAPITAL PARK
Active

Property Information

  • 723486
  • $215,000
  • 1315 E 12th Street
  • Des Moines N.East
  • Des Moines
  • Polk
  • IA
  • Sale
  • MultiFamily
  • TwoStory
  • Unfinished
  • 1621
  • University to 12th Street. Head North on 12th Street and Property is on the right hand side of the road or the east side of the street.
  • 55
  • 1900
  • 3
  • 50316

LISTED BY

Gillum Group Real Estate LLC, Jeffrey Horner (515.619.8592)

Property Location

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Request Info For MLS #723486

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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