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Blake Alewelt

blake@bravoridge.com +1(641) 640-1176

$ 179,900

Est. payment | -/mo

2 Beds

2 Baths

864 SqFt

Save

$ 179,900

Est. payment | -/mo

Save

2 Beds

2 Baths

864 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $208

MLS Listing ID 747776

Style Ranch

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1949

Annual Tax Amount $2,563

Lot Size 7,361 Sqft

Acres 0.169

Property Description

Completely renovated from top to bottom, this updated duplex offers an excellent opportunity for an investor or someone looking to live in one unit while generating income from the other. Each side features 1 bedroom, 1 full bath, a fully remodeled kitchen, and a comfortable living area. Updates include new LVP flooring, fresh paint, modern finishes, and brand-new kitchen appliances, including dishwashers. The lower levels provide additional finished living space, ideal for a second family room, office, or flex space, along with washer and dryer hookups. This property has also proven itself as a successful Airbnb/short-term rental. Year-to-date 2026 revenue has already exceeded $23,000, with projected 2026 revenue of approximately $35,000 and projected expenses of approximately $7,000 offering an attractive opportunity for an investor looking for a furnished short-term rental strategy. Additional improvements include a brand-new furnace, newer roof, and newly built 2-car detached garage. With extensive updates inside and out, this duplex is move-in ready and offers multiple possibilities: continue operating as a short-term rental, transition to traditional rentals, or owner-occupy one side while renting the other.

Location

State IA

County Polk

Area Des Moines East

Zoning N3C-4

Rooms

Basement Partially Finished

Interior

Interior Features Cable TV

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Dishwasher, Refrigerator, Stove, Washer

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Roof Type Asphalt,Shingle

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Tax ID 05001976000000

Monthly Total Fees $213

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Real Broker, LLC

Nearby Locations

"My job is to guide you through every step of your real estate journey with care and expertise, ensuring you feel confident and supported along the way. Your goals and dreams are my priority, and I’m here to make them a reality. "

+1(641) 640-1176

blake@bravoridge.com

5550 Wild Rose Lane #400, West Des Moines, IA 50266, USA

2300 Dean Avenue Des Moines, IA 50317