This Unique Duplex sits in a quiet and desirable residential neighborhood in NW Des Moines. Just blocks away from Merle Hay Mall, this property is close to shopping, restaurants, entertainment.And being right in the center of the metro, it's a breeze for tenants getting around town.
Unit A is a 2 Bed, 1 Bath, currently rented at $1,000 with potential of $1,100. Lease expires end of Spring of '25.
Unit B is a very large 4 Bed, 2 Bath unit with a 2 car attached garage. Newly leased at $1700.
Tenants pay for all utilities and take care of the lawn care and snow removal, making this a very easy and profitable property.
Property Management is in place for an easy transition, bring in your own management or manage yourself.
Seller just spent close to $15,000 into the roof.
Sold for $255,000
$255,000
4131 55th St, Des Moines, IA 50310
5beds
2,643sqft
Duplex, Multi Family, Multi Family
Built in 1947
-- sqft lot
$267,100 Zestimate®
$96/sqft
$1,435 Estimated rent
Home value
$267,100
$254,000 - $280,000
$1,435/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Liz Keller (515)423-5607,
EXP Realty, LLC
Bought with:
Jordan Jackson
RE/MAX Revolution
Alice Winders
RE/MAX Revolution
Source: DMMLS,MLS#: 700133
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total structure area: 2,643
- Total interior livable area: 2,643 sqft
Property
Lot
- Size: 8,407 Square Feet
- Dimensions: 60 x 140
Details
- Parcel number: 10000594000000
- Zoning: N3A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1947
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $258,900
- Annual tax amount: $4,340
- Date on market: 7/31/2024
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Tenant pays: Electricity, Gas, Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listing removed | $275,000$104/sqft |
Source:  DMMLS #732386 Report a problem | ||
| 1/7/2026 | Listed for sale | $275,000$104/sqft |
Source: DMMLS #732386 Report a problem | ||
| 1/6/2026 | Listing removed | $275,000$104/sqft |
Source: DMMLS #721599 Report a problem | ||
| 1/5/2026 | Listed for sale | $275,000$104/sqft |
Source: DMMLS #721599 Report a problem | ||
| 12/29/2025 | Pending sale | $275,000$104/sqft |
Source: DMMLS #721599 Report a problem | ||
| 11/27/2025 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 10/9/2025 | Price change | $1,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 8/10/2025 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 7/3/2025 | Listed for sale | $275,000+7.8%$104/sqft |
Source: DMMLS #721599 Report a problem | ||
| 8/30/2024 | Sold | $255,000$96/sqft |
Source: DMMLS #700133 Report a problem | ||
| 8/4/2024 | Pending sale | $255,000$96/sqft |
Source: DMMLS #700133 Report a problem | ||
| 7/31/2024 | Listed for sale | $255,000+4.1%$96/sqft |
Source: DMMLS #700133 Report a problem | ||
| 11/6/2023 | Listing removed | -- |
Source: DMMLS #678266 Report a problem | ||
| 8/11/2023 | Pending sale | $245,000$93/sqft |
Source: DMMLS #678266 Report a problem | ||
| 7/26/2023 | Listed for sale | $245,000+22.5%$93/sqft |
Source: DMMLS #678266 Report a problem | ||
| 6/17/2021 | Sold | $200,000+53.8%$76/sqft |
Source: Public Record Report a problem | ||
| 6/21/2018 | Sold | $130,000+13%$49/sqft |
Source: Public Record Report a problem | ||
| 4/18/2016 | Sold | $115,000$44/sqft |
Source: DMMLS #505245 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,608 -7.1% | $258,900 +12.8% |
| 2024 | $4,959 +13.4% | $229,500 |
| 2023 | $4,374 +0.8% | $229,500 +23.7% |
| 2022 | $4,340 -0.5% | $185,600 |
| 2021 | $4,360 -8.9% | $185,600 +6.2% |
| 2020 | $4,788 -1% | $174,700 |
| 2019 | $4,838 +1% | $174,700 -2.9% |
| 2018 | $4,788 | $180,000 |
| 2017 | $4,788 +10.7% | $180,000 +9.7% |
| 2016 | $4,324 | $164,100 |
| 2015 | $4,324 +14.8% | $164,100 +11.6% |
| 2014 | $3,766 | $147,100 |
| 2013 | -- | $147,100 -0.7% |
| 2012 | -- | $148,200 |
| 2011 | -- | $148,200 -11.2% |
| 2010 | -- | $166,900 |
| 2009 | -- | $166,900 +7.4% |
| 2008 | -- | $155,400 |
| 2007 | -- | $155,400 +10.2% |
| 2006 | -- | $141,000 |
| 2005 | -- | $141,000 +9.4% |
| 2003 | -- | $128,850 +15% |
| 2002 | -- | $112,020 |
| 2001 | -- | $112,020 |
Find assessor info on the county website
Neighborhood: Merle Hay
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Nearby schools
GreatSchools rating
- 2/10Moore Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Meredith Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Hoover High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Polk County
- Des Moines
- 50310
- Merle Hay
- 4131 55th St
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