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1429 Martin Luther King Jr Parkway, Des Moines, IA 50314

$159,900

New Listing
  • MLS# 738465
  • Bedrooms 5
  • Bathrooms 2
  • Total Sq.ft 2,544
  • Property Type Multi-Family
  • Style TwoStory
  • Stories 2
  • Basement Unfinished
  • Year Built 1905

Property Description

This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.

Legal: LOT 5 BLK 1 MARQUARDTS 2ND ADDITION TO NORTH DES MOINES
Active

Property Information

738465 $159,900 Sale TwoStory MultiFamily 1429 Martin Luther King Jr Parkway Des Moines Polk IA 50314 5 2544 2 2 2 Unfinished 2544 6400 Des Moines N.West 2468 1905 Des Moines Independent

Features

Unfurnished TwoStory

Utilities

ForcedAir, Gas Public PublicSewer WindowUnits No

Miscellaneous

VinylSiding

LISTED BY

RE/MAX Concepts, Seth Walker (515.577.3728)

Property Location

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Request Info For MLS #738465

lauren@agencyiowa.com (Real Estate Agent)

Lauren Moore

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lauren@agencyiowa.com

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This Multi-Family property at 1429 Martin Luther King Jr Parkway (MLS # 738465) is located in Des Moines, IA. Listed on Lauren Moore Realtor, this Multi-Family home is priced at $159,900. This 5 bedroom property in Des Moines at 1429 Martin Luther King Jr Parkway offers 2544 sqft, 2 bathrooms, and was built in 1905. Whether you're looking for new listings in Des Moines or specifically on 1429 Martin Luther King Jr Parkway, 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.