401 Franklin Avenue, Des Moines, IA 50314
- $190,000
- 5
- BD
- 3
- BA
- 2,381
- SqFt
- Sold Price
- $190,000
- List Price
- $200,000
- Status
- CLOSED
- Days on Market
- 89
- Closing Date
- Sep 03, 2026
- MLS#
- 740254
- Subtype
- Residential
- Style
- Duplex
- Architectural Style
- Duplex
- Year Built
- 1901
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,381
- Lot Size
- 8,352
- Acres
- 0.19
- MLS Area Major
- Des Moines N.West
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.
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Additional Information
- Taxes
- $3,196
- Property Description
- Duplex
- Zoning
- RES
- Appliances
- Cooktop, Refrigerator
- Heating
- Forced Air, Gas, Natural Gas
- Air Conditioning
- Central Air
- Roof
- Asphalt, Shingle
- Foundation
- Brick/Mortar
- School District
- Des Moines Independent
Mortgage Calculator
Listing courtesy of Meghan O'Brien with Realty ONE Group Impact
Selling Office: Realty ONE Group Impact.Data courtesy of the Des Moines Area Association of REALTORS