Header Image
search all properties

1240 32nd Street, Des Moines, IA 50311

$349,900

  • MLS# 750675
  • Bedrooms 6
  • Bathrooms 4
  • Total Sq.ft 2,492
  • Property Type Multi-Family
  • Style TwoStory
  • Stories 2
  • Basement EgressWindows,PartiallyFinished
  • Year Built 1915

Property Description

Income-producing fourplex located next to Drake University! 1240 32nd Street features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile mix of rental options. Updated sewer and water lines provide added value and peace of mind. With an opportunity for immediate cash flow and a convenient location near campus, this property is a great opportunity to expand your rental portfolio or get started in investment real estate. All information obtained from seller and public record.

Legal: E 171F LT 2 PERIGO PLACE
Active

Property Information

750675 $349,900 Sale TwoStory MultiFamily 1240 32nd Street Des Moines Polk IA 50311 6 600 2492 4 4 2 EgressWindows, PartiallyFinished 2492 Des Moines N.West 5654.67 1915 Des Moines Independent

Features

RectangularLot TwoStory

Utilities

ForcedAir, Gas, NaturalGas Public PublicSewer CentralAir,WindowUnits No

Miscellaneous

Brick

LISTED BY

RE/MAX Precision, Jonathan Musser (515.953.8466)

Property Location

SIMILAR LISTING

683 35th Street, Des Moines, IA 50312

$334,900

Status: Active

683 35th Street, Des Moines, IA 50312

Listed by : IOWA REALTY BEAVERDALE, KENT LEHS ( 515.669.2969 )
4009 E 23rd Street, Des Moines, IA 50317

$294,900

Status: Active

4009 E 23rd Street, Des Moines, IA 50317

Listed by : RE/MAX PRECISION, SARA HOPKINS ( 515.710.6030 )
Open House Price Decreased
3040 Lake Hill Drive, Des Moines, IA 50320

$424,990

Status: Active

3040 Lake Hill Drive, Des Moines, IA 50320

Listed by : DRH REALTY OF IOWA, LLC, KATHRYN GREER ( 515.605.7444 )
Built in 2026 Price Adjustment
1072 27th Street, Des Moines, IA 50311

$280,000

Status: Active

1072 27th Street, Des Moines, IA 50311

Listed by : STANBROUGH REALTY COMPANY, ROSS QUINTERO ( 515.689.2612 )
5114 Twana Drive, Des Moines, IA 50310

$350,000

Status: Active

5114 Twana Drive, Des Moines, IA 50310

Listed by : KELLER WILLIAMS REALTY GDM, ERIN RUNDALL ( 515.326.0369 )
1310 47th Street, Des Moines, IA 50311

$343,500

Status: Active

1310 47th Street, Des Moines, IA 50311

Listed by : SUMMERSET REALTY, RACHEL ELLER ( 515.468.5635 )

Request Info For MLS #750675

lauren@agencyiowa.com (Real Estate Agent)

Lauren Moore

Mortgage Calculator

This calculator will compute the monthly payment on a mortgage based upon figures you supply.

Market Watch

Subscribe To Our Newsletter

The newsletter is sent periodically and will update you on the latest real estate news and offers.

UNcomplicated Mortgages

Start in under 60 seconds with Joe Hayhoe!

Apply Now

Reach out

to Agency Iowa

Lauren Moore

Agency Iowa

1551 SW Prairie Trail Pkwy
Ankeny, IA 50023
Licensed in Iowa. Each Office Independently Owned and Operated.

563.357.1210

lauren@agencyiowa.com

License Number: S67499000
Licensed in Iowa. Each Office Independently Owned and Operated.
Copyright © 2025 Agency Iowa. All Rights Reserved.Real Estate IDX/RETS Website by Lead City
This Multi-Family property at 1240 32nd Street (MLS # 750675) is located in Des Moines, IA. Listed on Lauren Moore Realtor, this Multi-Family home is priced at $349,900. This 6 bedroom property in Des Moines at 1240 32nd Street offers 2492 sqft, 4 bathrooms, and was built in 1915. Whether you're looking for new listings in Des Moines or specifically on 1240 32nd Street, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2026 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.