1315 E 12th Street Active Save Request In-Person Tour Request Virtual Tour
Des Moines,IA 50316
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,621 sqft
Price per Sqft $132
MLS Listing ID 723486
Style Two Story
Full Baths 3
Year Built 1900
Annual Tax Amount $2,812
Lot Size 7,579 Sqft
Property Description
This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.
Location
State IA
County Polk
Area Des Moines N.East
Zoning R1-60
Interior
Heating Forced Air,Gas,Natural Gas
Cooling Central Air,Window Unit(s)
Exterior
Roof Type Asphalt,Shingle
Building
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Monthly Total Fees $234
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional