1987 & 1989 SW 1st Street, Des Moines, IA 50315
- $199,000
- 3
- BD
- 2
- BA
- 1,436
- SqFt
- List Price
- $199,000
- Status
- ACTIVE
- Days on Market
- 135
- Price Change
- ▼ $11,000 1780426210
- MLS#
- 738867
- Subtype
- Multi Family
- Style
- Bungalow, One and One Half Story
- Architectural Style
- Bungalow, One and One Half Story
- Year Built
- 1910
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,436
- Lot Size
- 8,580
- Acres
- 0.20
- MLS Area Major
- Des Moines S.West
Property Description
Two homes on one lot—ideal investment or house hack opportunity! Property includes 1987 & 1989 SW 1st St. 1987 is a 1.5 story featuring 2 bedrooms, 1 bath, and is currently vacant—move-in or rent-ready for immediate occupancy (currently being advertised for rent at $1,100). 1989 offers 1 bedroom, 1 bath and is currently tenant occupied, providing instant rental income (current rent is $850). Separate living spaces allow flexibility for owner-occupants or investors looking to maximize cash flow. Convenient location with easy access to downtown, major roads, and amenities. Great opportunity to live in one unit while the other helps offset your mortgage or add to your portfolio with a turnkey income-producing property.
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Additional Information
- Taxes
- $2,701
- Property Description
- Bungalow, One and One Half Story
- Zoning
- N5
- Heating
- Forced Air, Gas, Natural Gas
- Roof
- Asphalt, Shingle
- School District
- Des Moines Independent
Mortgage Calculator
Listing courtesy of Darson Grantham with Keller Williams Realty GDM
Data courtesy of the Des Moines Area Association of REALTORS