This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.
Pending
Price increase: $73K (7/25)
$215,000
1315 E 12th St, Des Moines, IA 50316
--beds
1,621sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$207,700 Zestimate®
$133/sqft
$-- HOA
What's special
Update sidingFresh paintUpdated kitchenNew furnace
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