401 Franklin Avenue, Des Moines, IA 50314

$200,000
5
BD
3
BA
2,381
SqFt

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List Price
$200,000
Status
ACTIVE
MLS#
740254
Year Built
1901
Bedrooms
5
Bathrooms
3
Living Area
2,381
Lot Size
8,352
Region
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.

Additional Information

Street Name
Franklin Avenue
Agent Id
36566
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Foundation
Brick/Mortar
Roof
Asphalt, Shingle
Zip
50314
Region
Des Moines N.West
Style
Duplex
City
Des Moines
Acres
0.19
School District
Des Moines Independent
Zoning
RES

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group Impact.

Data courtesy of the Des Moines Area Association of REALTORS