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MLS # 724332 - 1716 Mondamin Avenue, Des Moines, IA 50314

$130,000

  • MLS# 724332
  • Bedrooms 3
  • Bathrooms 1
  • Total Sq.ft 1,199
  • Property Type Residential
  • Style Ranch
  • Year Built 1915

Property Description

Investment opportunity! This cash-flowing 3-bedroom rental brings in $1,200/month with upside for rent increases. Tenant is on a flexible month-to-month lease, and the rental certificate is valid through Oct. 2027—no immediate compliance costs. Purchase as a stand-alone property or bundle with additional cash-flowing units in a larger portfolio. Owner is retiring—don’t miss the chance to add proven income producers to your holdings. Portfolio details: https://drive.google.com/drive/folders/1DLW1zlK7zyNc5coohMDwK2e77qetJWMs?usp=drive_link Showings require 72 hours’ notice and will be accompanied by the property manager.

Legal: LOT 45 NORTH WASHINGTON PLACE
Active

Property Information

  • 724332
  • $130,000
  • 1716 Mondamin Avenue
  • Des Moines N.West
  • Des Moines
  • Polk
  • IA
  • Sale
  • Residential
  • Residential
  • Ranch
  • 1199
  • Hickman Rd to 16th St, South on 16th St to Mondamin Ave, West on Mondamin to property
  • 35
  • 1915
  • 1
  • 3
  • 50314

LISTED BY

LPT Realty, LLC, Jeffrey Downing (515.257.6477) & LPT Realty, LLC, Randall Murphy (515.669.9332)

Property Location

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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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