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3920-3922 E 38th Street, Des Moines, IA 50317

$240,000

  • MLS# 749497
  • Bedrooms 4
  • Bathrooms 2
  • Total Sq.ft 1,536
  • Property Type Multi-Family
  • Style Ranch
  • Stories 1
  • Basement Unfinished
  • Year Built 1973

Property Description

Investors, here’s an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.

Legal: LT 3 APPLEWOOD-PLACE
Active

Property Information

749497 $240,000 Sale Ranch MultiFamily 3920-3922 E 38th Street Des Moines Polk IA 50317 4 1536 2 2 1 Unfinished 1536 24000 Des Moines N.East 4171 1973 Des Moines Independent

Features

RectangularLot Ranch Carpet

Utilities

ForcedAir, Gas, NaturalGas Public PublicSewer CentralAir No

Miscellaneous

Brick

LISTED BY

Pennie Carroll & Associates, Pennie Carroll (515.490.8025) & Pennie Carroll & Associates, Joe Carroll (515.490.4089)

Property Location

Request Info For MLS #749497

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