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1527 Forest Avenue, Des Moines, IA 50314

$199,000

New Listing
  • MLS# 737839
  • Bedrooms 4
  • Bathrooms 2
  • Total Sq.ft 3,729
  • Property Type Multi-Family
  • Year Built 1924

Property Description

Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mechanicals and new roof/facia and soffits. Current rental certificate.

Legal: S 85 F LOT 13 BLK 3 LAYMANS 2ND ADD
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Property Information

737839 $199,000 Sale MultiFamily 1527 Forest Avenue Des Moines Polk IA 50314 4 3729 2 2 3729 4250 Des Moines N.West 3300 1924 Des Moines Independent

Utilities

No

LISTED BY

515 Rentals & Sales LLC, Adam Metzker (515.204.6535)

Property Location

Request Info For MLS #737839

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