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Blake Alewelt

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

$ 190,000

Est. payment | -/mo

4 Beds

4 Baths

1,951 SqFt

Save

$ 190,000

Est. payment | -/mo

Save

4 Beds

4 Baths

1,951 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,951 sqft

Price per Sqft $97

MLS Listing ID 747940

Style Two Story

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,827

Lot Size 6,795 Sqft

Acres 0.156

Property Sub-Type Residential

Property Description

Investor opportunity near Drake University! This 4-unit property offers two 1-bedroom apartments and two efficiency units, all currently vacant and ready for a new owner to lease, improve, and manage their way. The property is functional and rentable as-is, with opportunity to increase value through updates and stronger rent performance over time. Tenants pay their own utilities with the owner responsible for water only. No garage. Convenient location near Drake, downtown Des Moines, shopping, dining, transit, and major commuting routes. Whether you are looking to add doors to your portfolio or take on a value-add multifamily project, this property offers a compelling entry point at $190,000.

Location

State IA

County Polk

Area Des Moines N.West

Zoning R1-60

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Heating Electric

Flooring Tile

Fireplace No

Exterior

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Resale

Schools

School District Des Moines Independent

Others

Senior Community No

Tax ID 10009612001000

Monthly Total Fees $235

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by LPT Realty, 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

1438 33rd Street Des Moines, IA 50311