2300 Dean Avenue, Des Moines, IA 50317

$179,900
2
BD
2
BA
864
SqFt

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List Price
$179,900
Status
ACTIVE
MLS#
747776
Year Built
1949
Bedrooms
2
Bathrooms
2
Living Area
864
Lot Size
7,350
Region
Des Moines East

Property Description

Completely renovated from top to bottom, this updated duplex offers an excellent opportunity for an investor or someone looking to live in one unit while generating income from the other. Each side features 1 bedroom, 1 full bath, a fully remodeled kitchen, and a comfortable living area. Updates include new LVP flooring, fresh paint, modern finishes, and brand-new kitchen appliances, including dishwashers. The lower levels provide additional finished living space, ideal for a second family room, office, or flex space, along with washer and dryer hookups. This property has also proven itself as a successful Airbnb/short-term rental. Year-to-date 2026 revenue has already exceeded $23,000, with projected 2026 revenue of approximately $35,000 and projected expenses of approximately $7,000 offering an attractive opportunity for an investor looking for a furnished short-term rental strategy. Additional improvements include a brand-new furnace, newer roof, and newly built 2-car detached garage. With extensive updates inside and out, this duplex is move-in ready and offers multiple possibilities: continue operating as a short-term rental, transition to traditional rentals, or owner-occupy one side while renting the other.

Additional Information

Street Name
Dean Avenue
Agent Id
4998
Water
Public
Sewer
Public Sewer
Basement
Partially Finished
Foundation
Block
Garage
Yes
Roof
Asphalt, Shingle
Zip
50317
Region
Des Moines East
Style
Ranch
City
Des Moines
Acres
0.17
School District
Des Moines Independent
Zoning
N3C-4

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC.

Data courtesy of the Des Moines Area Association of REALTORS