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$ 215,000
Est. payment /mo
Active
1315 E 12th Street Des Moines, IA 50316
3 Baths
1,621 SqFt
UPDATED:
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
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,812
Lot Size 7,579 Sqft
Acres 0.174
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
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Roof Type Asphalt,Shingle
Private Pool No
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 11001370000000
Monthly Total Fees $234
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Gillum Group Real Estate LLC
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