Header Image

1355 24th Street, Des Moines, IA 50311

$260,000

  • MLS# 744385
  • Bedrooms 4
  • Bathrooms 2
  • Total Sq.ft 2,064
  • Property Type Multi-Family
  • Style TwoStory
  • Stories 2
  • Basement Unfinished
  • Year Built 1897

Property Description

Investor opportunity within walking distance of Drake University. This turn-key duplex features two occupied units on month-to-month leases, offering immediate cash flow with room for growth. Both the upper and lower units include 2 bedrooms, 1 bathroom, and independent layouts. All appliances stay with the property, including a dedicated washer and dryer setup for each unit. The lower unit features a newer refrigerator, while the upper unit has been updated within the last two years with newer appliances and durable LVP flooring. Each tenant responsible for their own electric. The detached garage electricity is tied to the upper unit meter. Gas and water are landlord expenses. A great addition to a portfolio or a perfect house-hack opportunity close to campus. This property also features a possible assumable VA loan for qualified buyers. Call your agent to schedule a tour.

Legal: LOT 7 DRAKE UNIVERSITY OP
Active

Property Information

744385 $260,000 Sale TwoStory MultiFamily 1355 24th Street Des Moines Polk IA 50311 4 2064 2 2 2 Unfinished 2064 7776 Detached, Garage, OneCarGar 1 Des Moines N.West 3700 1897 Des Moines Independent

Features

TwoStory

Utilities

ForcedAir, Gas CentralAir No

Miscellaneous

VinylSiding

LISTED BY

RE/MAX Concepts, Heather Wright (515.229.2012) & RE/MAX Concepts, Chelsey Martin (641.840.2768)

Property Location

Request Info For MLS #744385

Mortgage Calculator

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

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