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Traci Jennings

[email protected] +1(515) 291-8720

$ 2,150,000

Est. payment -/mo

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702 20th Street Des Moines, IA 50314

21 Beds

19 Baths

12,392 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 12,392 sqft

Price per Sqft $173

MLS Listing ID 727368

Style Duplex

Bedrooms 21

Full Baths 17

Three Quarter Bath 2

HOA Y/N No

Year Built 1989

Annual Tax Amount $6,234

Lot Size 8,015 Sqft

Acres 0.184

Property Sub-Type Duplex

Property Description

Investment Opportunity in Historic Sherman Hill offering total of 17 units. Rare chance to own a fully remodeled multi-unit property in one of the city's most desirable neighborhoods. The three-story apartment building was historically remodeled in 2022 w new framing, plumbing, electric, and all interior finished. This building offers 15 units: 9 one-bedroom, 3 two-bedroom, and 3 studio apartments—each with a full bathroom and modern kitchen equipped with stove, refrigerator, microwave, and dishwasher. Residents also enjoy convenient on-site coin-operated laundry. The duplex was fully remodeled in 2019 and has 2 - 3 bedrooms, 2 bathrooms, and an in-unit washer and dryer. Located in the heart of Sherman Hill, this property is close to shops, restaurants, and provides quick access to the interstate. A turnkey investment with strong rental potential in a prime location!

Location

State IA

County Polk

Area Downtown

Zoning Res

Rooms

Basement Unfinished

Interior

Heating Baseboard, Electric, Heat Pump

Cooling Geothermal

Flooring Hardwood, Tile

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Stove

Exterior

Utilities Available Electricity Available, Water Available

Roof Type Rolled/Hot Mop

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type Apartment,Duplex,Multi Family

Foundation Block

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Tax ID 030/00494-000-000

Monthly Total Fees $519

Security Features Fire Alarm

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by EXIT Realty & Associates

Traci Jennings

Broker/Owner | License ID: B58326000

+1(515) 291-8720

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Des Moines, IA

Traci Jennings

702 20th Street Des Moines, IA 50314

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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702 20th Street