Fantastic turnkey investment opportunity! Two duplexes built in 1992 on one parcel in prime NW Des Moines location. Each duplex offers 2 spacious units For a total of 4 units. Each unit is 2 bedrooms and 1.5 baths, a full kitchen, laundry, and unfinished basement with poured foundation. Patio and nice side/backyard.  4 garage spaces and plenty of additional parking with each unit. Fully rented with long term tenants.  Rental certificates good until January 2027.  Plenty of upside with increasing rents to market rate.
Sold for $540,000 on 03/22/24
$540,000
2738 51st St, Des Moines, IA 50310
8beds
--sqft
Duplex, Multi Family, Multi Family
Built in 1992
-- sqft lot
$556,500 Zestimate®
$--/sqft
$1,342 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 01, 2024 at 09:12am
Listed by:
Timothy Schutte (515)253-3948,
EXIT Realty & Associates,
Salkic-Schutte, Jasmina 319-883-6995,
EXIT Realty & Associates
Bought with:
Sarah Poznanski
Century 21 Signature
Source: DMMLS,MLS#: 687600
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
 - Bathrooms: 8
 - Full bathrooms: 4
 - 1/2 bathrooms: 4
 
Heating
- Forced Air, Gas, Natural Gas
 
Cooling
- Central Air
 
Appliances
- Included: Dishwasher, Refrigerator, See Remarks, Stove
 
Features
- Basement: Unfinished
 
Property
Parking
- Total spaces: 2
 - Parking features: Attached, Detached, Garage, Two Car Garage
 - Attached garage spaces: 2
 
Lot
- Size: 0.42 Acres
 - Features: Rectangular Lot
 
Details
- Parcel number: 100/03972000000
 - Zoning: R
 
Construction
Type & style
- Home type: MultiFamily
 - Architectural style: Duplex
 - Property subtype: Duplex, Multi Family, Multi Family
 
Materials
- Vinyl Siding
 - Foundation: Poured
 - Roof: Asphalt,Shingle
 
Condition
- Year built: 1992
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 - Utilities for property: Electricity Available, Natural Gas Available
 
Community & neighborhood
Location
- Region: Des Moines
 
Other
Other facts
- Listing terms: Cash,Conventional
 
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$556,500
2% more+$11,130
With Zillow Showcase(estimated)$567,630