2112 Washington Avenue, Des Moines, IA 50310

$119,000

Charming Fixer-Upper in Des Moines' Drake Neighborhood – Ideal for Investors or First-Time Buyers! Welcome to 2112 Washington Ave, Des Moines, IA 50310 – a classic two-story home, This 2-bedroom, 1.5-bathroom single-family residence is located in the desirable Drake area, just minutes from Drake University, local parks, shops, and dining – perfect for those seeking convenience in a historic neighborhood. While the property needs some work and cosmetic updates, it's fully livable right now and presents an excellent opportunity for sweat equity. Recent upgrades include a brand new furnace for reliable heating, newer windows for improved energy efficiency, and overall updated mechanicals that make it move-in ready with minimal hassle. With a good deep clean and some light TLC – think fresh paint, minor repairs, and landscaping – the new owner will have a gem that's both comfortable and personalized. Investors take note: This home holds a valid rental certificate good through December 2027, allowing for immediate income potential in a high-demand area near campus. Rent could reach around $1,340, making it a smart addition to any portfolio. At this price point, it's an incredible value – a blend of historic character, modern essentials, and upside potential that won't last long in today's market. Whether you're flipping, renting, or making it your own, 2112 Washington Ave is ready for its next chapter. Schedule a showing today!

Legal: LOT 20 WILLIAMS 3RD ADDITION TO DES MOINES