Charming Duplex in Des Moines. Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra storage space for tenant convenience, plus a shared washer and dryer. The upper-level is a 1 bed, 1 bath unit with a large living room area. Upper unit is also occupied and was recently updated with new paint, stove, and flooring. City of Des Moines rental certificate is good through August 23, 2027. Both units are equipped with newer separate water heaters and furnaces. Located close to amenities and transportation, this property offers incredible potential for passive income or multi-generational living. Don't miss your chance to own this fantastic investment property in a prime Des Moines location.
For sale
$260,000
1134 39th St, Des Moines, IA 50311
3beds
2,187sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$251,700 Zestimate®
$119/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 443 |
- 14 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 27, 2025 at 07:57pm
Listed by:
Tim Hegwood (515)314-3997,
PMI Realty Central Iowa
Source: DMMLS,MLS#: 716707
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Stove, Washer
Features
- Cable TV
- Flooring: Carpet
- Basement: Unfinished
Interior area
- Total structure area: 2,187
- Total interior livable area: 2,187 sqft
Property
Features
- Levels: One and One Half
Lot
- Size: 6,621.12 Square Feet
- Dimensions: 50 x 132
- Features: Cul-De-Sac
Details
- Parcel number: 09003446000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $199,900
- Annual tax amount: $3,992
- Date on market: 4/26/2025
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Electricity, Gas
- Road surface type: Concrete
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