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  • DESCRIPTION

    Great investment opportunity for a 4 plex near Drake University. This 4 plex house has 4 1 bedroom units with Units 1 & 2 on the top floor and Units 3 & 4 on the bottom floor. Rents are: Unit 1 & 2 Rent for $795 and Unit 3 & 4 Rent for $850 for a combined rent of $3,290. Landlord pays utilities and taxes. Unit 2, 3 and 4 and have been updated. Units 1 and 2 are on month to month lease, Unit 3 is vacant at this time and Unit 4 has a 1 year lease agreement. Each unit has a designated parking spot out back and all tenants have access to coin operated laundry in the basement.

    KEY DETAILS
    • Price:
    • $295,000
    • Bedrooms:
    • 4
    • Full Baths:
    • 4
    • Square Footage:
    • 2,509
    • Acreage:
    • 0.34
    • Year Built:
    • 1907
    • MLS #:
    • 637999
    • Street Address:
    • 1148 36th St
    • City:
    • Des Moines
    • State:
    • IA
    • Postal Code:
    • 50311
    • County:
    • Polk
    • Area:
    • Des Moines West
    • Listing Status:
    • For Sale - Active

    Building

    • Approximate Total Liveable Area:
    • 2509
    • Basement Description:
    • Unfinished
    • Construction Description:
    • Frame
    • Has Basement:
    • 1
    • Number Of Units:
    • 4
    • Stories:
    • 2
    • Style:
    • Two Story
    • Total Building Square Footage:
    • 2509
    • Type Of Roof:
    • Asphalt, Shingle
    • Year Built:
    • 1907

    Business

    • Gross Income:
    • 3290

    Land

    • Conforms To Zoning:
    • R-3
    • Lot Features:
    • Rectangular Lot
    • Lot Square Footage:
    • 14800

    Listing

    • Days On Market:
    • 1
    • Originating Mls:
    • Dmaar
    • Terms:
    • Cash, Conventional

    Money

    • Property Taxes:
    • $6,331

    Systems

    • Appliances:
    • Dryer, Refrigerator, Stove, Washer
    • Cooling System:
    • Central Air
    • Existing Water:
    • Public
    • Has Central Air Conditioning:
    • 1
    • Heating:
    • Forced Air, Gas, Natural Gas
    • Sewage Type:
    • Public Sewer

    Source

    • Listing Provided By Gillum Group Real Estate LLC

      IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Last Updated October 21, 2021


      DESMOINES
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    SCHOOL RATINGS
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    SCHOOL DISTRICT: DES MOINES INDEPENDENT

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