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2938 E Euclid Avenue, Des Moines, IA 50317

$159,900

Price Decreased
  • MLS# 743525
  • Bedrooms 6
  • Bathrooms 2
  • Total Sq.ft 1,275
  • Property Type Residential
  • Style Duplex
  • Basement Partial
  • Year Built 1948

Property Description

Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add. The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors. Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.

Legal: W 55F E 165F N300F S340F LT 5 EDWARDS PLACE
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Property Information

743525 $159,900 Sale Duplex Duplex Residential 2938 E Euclid Avenue Des Moines Polk IA 50317 6 200 1275 2 2 Partial 1275 16500 Des Moines N.East 2412 1948 Des Moines Independent

Features

Duplex Refrigerator, Stove

Utilities

Baseboard, Electric, ForcedAir, Gas, NaturalGas Public PublicSewer CentralAir,WindowUnits No

Miscellaneous

MetalSiding

LISTED BY

GoSynergy Realty, Lindsay Prothero (515.745.7595)

Property Location

Request Info For MLS #743525

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