3920-3922 E 38th Street, Des Moines, IA 50317
- $240,000
- 4
- BD
- 2
- BA
- 1,536
- SqFt
- List Price
- $240,000
- Status
- ACTIVE
- Days on Market
- 13
- MLS#
- 749497
- Subtype
- Multi Family
- Style
- Ranch
- Architectural Style
- Ranch
- Year Built
- 1973
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,536
- Lot Size
- 24,000
- Acres
- 0.55
- MLS Area Major
- Des Moines N.East
Property Description
Investors, here’s an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.
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Additional Information
- Taxes
- $4,171
- Property Description
- Ranch
- Zoning
- N2A-2
- Flooring
- Carpet
- Heating
- Forced Air, Gas, Natural Gas
- Air Conditioning
- Central Air
- Stories
- 1
- Roof
- Asphalt, Shingle
- Foundation
- Block
- School District
- Des Moines Independent
Mortgage Calculator
Listing courtesy of Pennie Carroll with Pennie Carroll & Associates
Data courtesy of the Des Moines Area Association of REALTORS