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For sale
  • $200,000

    1429 Martin Luther King Jr Pkwy, Des Moines, IA 50314

    5beds
    2,544sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $79/sqft
    $-- HOA

    What's special

    Discover the potential in this Des Moines multifamily property, Perfect for investors and flippers alike. This property features two units. A cozy-2-bedroom, 1-Bathroom unit complete with its own kitchen and living area. Ideal for singles, couples, or as a rental unit. Another spacious 3-bedroom, 1- bathroom unit, also equipped with a private kitchen and living area. Perfect for families or tenants seeking more space. The unfinished basement includes laundry. Current rental certificate good through March 2026. Weather you're looking to expand your investment portfolio or take on a rewarding flip project, this property offers endless possibilities. Don't miss out on this fantastic opportunity to own a versatile multi-family home in a prime Des Moines location.
    4 days
    on Zillow
    |
    255
    |
    5
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 21, 2025 at 06:02am

    Listed by:

    Amanda Welch (515)577-6581,

    RE/MAX Concepts,

    Valerie Kenworthy 515-988-7469,

    RE/MAX Concepts

    Source: DMMLS,MLS#: 724634MLS LogoOriginating MLS: Des Moines Area Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1429 Martin Luther King Jr Pkwy.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • Window Unit(s)
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,544
    • Total interior livable area: 2,544 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,403.32 Square Feet
    • Dimensions: 50 x 128
    Details
    • Parcel number: 08004325000000
    • Zoning: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $79/sqft
    • Tax assessed value: $122,900
    • Annual tax amount: $2,710
    • Date on market: 8/20/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete
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