Sold for $340,000
$340,000
6503 Hickman Rd, Des Moines, IA 50322
6beds
2,918sqft
Multi Family
Built in 1940
-- sqft lot
$349,900 Zestimate®
$117/sqft
$1,559 Estimated rent
Home value
$349,900
$329,000 - $374,000
$1,559/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Today we are presenting this outstanding investment opportunity in the form of a well-maintained built-for-purpose duplex. Each side of this duplex basically mirrors the other, offering three generously sized bedrooms and an expansive living area, perfect for modern living. The detailed floor plans included in the photos provide a clear overview of the thoughtful layout. -------- Video walkthrough available upon request.
-------- In 2020, the property underwent a comprehensive renovation. This renovation included updates to all major systems, ensuring that every aspect of the duplex meets current standards. The renovations were conducted with all necessary permits, complying with the requirements to maintain the tax abatement status.
-------- This property has ample parking space available, a feature highly sought after by tenants. Currently, both units are occupied under lease agreements, with one unit renting for $1,300 per month and the other at $1,250.
-------- Another unique selling point of this property is the partial tax abatement still in effect for approximately seven more years. This abatement translates into annual savings of over $4,000—a notable financial benefit for any investor.
-------- For an investor looking to add a high-potential, low-maintenance property to their portfolio, this duplex is an ideal choice. It's a property that promises not just returns but also ease of management and long-term satisfaction for both the owner and the tenants.
Zillow last checked: 8 hours ago
Listing updated: December 29, 2023 at 09:39am
Listed by:
Darson Grantham (641)745-0156,
Keller Williams Realty GDM
Bought with:
Audra Sypolt
RE/MAX Concepts
Source: DMMLS,MLS#: 685431
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove, Washer
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,918
- Total interior livable area: 2,918 sqft
Property
Lot
- Size: 0.35 Acres
- Features: Rectangular Lot
Details
- Parcel number: 10012903007001
- Zoning: Resid
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $340,000-2.9%$117/sqft |
Source: | ||
| 12/4/2023 | Pending sale | $350,000$120/sqft |
Source: | ||
| 11/15/2023 | Listed for sale | $350,000+400%$120/sqft |
Source: | ||
| 8/22/2017 | Sold | $70,000$24/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,398 +43.1% | $289,900 |
| 2023 | $1,676 | $289,900 +20.7% |
| 2022 | $1,676 +13.9% | $240,100 |
Find assessor info on the county website
Neighborhood: Merle Hay
Nearby schools
GreatSchools rating
- 4/10Hillis Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Meredith Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Hoover High SchoolGrades: 9-12Distance: 1.9 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.

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.