1438 33rd Street, Des Moines, IA 50311

$190,000
2
BD
4
BA
1,951
SqFt

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List Price
$190,000
Status
ACTIVE
MLS#
748077
Year Built
1910
Bedrooms
2
Bathrooms
4
Living Area
1,951
Lot Size
6,800
Region
Des Moines N.West

Property Description

Investor opportunity near Drake University! This 4-unit property offers two 1-bedroom apartments and town efficiency units, all currently vacant and ready for a new owner to lease, improve, and manage their way. The property is functional and rentable as-is, with opportunity to increase value through updates and stronger rent performance over time. Tenants pay their own utilities with the owner responsible for water only. No garage. Convenient location near Drake, downtown Des Moines, shopping, dinning, transit, and major commuting routes. Weather you are looking to add doors to your portfolio or take on a value-add multifamily project, this property offers a compelling entry point at $190,000.

Additional Information

Street Name
33rd Street
Agent Id
7029
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Foundation
Block
Zip
50311
Region
Des Moines N.West
Style
Two Story
City
Des Moines
Acres
0.16
School District
Des Moines Independent
Zoning
R1-60

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC.

Data courtesy of the Des Moines Area Association of REALTORS