401 Franklin Avenue, Des Moines, IA 50314
401 Franklin Avenue, Des Moines, IA 50314
401 Franklin Avenue, Des Moines, IA 50314
4
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$200,000
Est. payment /mo
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5 Beds
3 Baths
2,381 SqFt
Active

401 Franklin Avenue Des Moines, IA 50314

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,381 sqft

Price per Sqft $83

MLS Listing ID 740254

Style Duplex

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1901

Annual Tax Amount $3,196

Lot Size 8,363 Sqft

Acres 0.192

Property Sub-Type Duplex

Property Description

Fantastic opportunity to invest! Property provides the opportunity to serve as a 2 unit rental, an owner occupied rental, or conversion to a grand single family home in an area of Des Moines seeing
continued development. Main level (Unit 1) houses 2 bedrooms and 2 baths with dining area in an appealing open concept. Unit 2 has 2 bedrooms and 1 bath on the second floor, with an additional third bedroom/loft on the third floor. Recent updates include central air for both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Current rent rates are $1000 for Unit 1 and $1025 for Unit 2. This could be the one to start or extend your real estate portfolio at an amazing price point.

Location

State IA

County Polk

Area Des Moines N.West

Zoning RES

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Fireplace No

Appliance Cooktop, Refrigerator

Exterior

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type Duplex

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Senior Community No

Tax ID 08000150001000

Monthly Total Fees $266

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Realty ONE Group Impact

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Christopher Lewis

Christopher Lewis

Agent | License ID: 64855000

+1(515) 779-8983

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401 Franklin Avenue