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  • $258,500

    505 E McKinley Ave, Des Moines, IA 50315

    6beds
    1,518sqft
    Multi Family
    Built in 1982
    -- sqft lot
    $281,900 Zestimate®
    $170/sqft
    $-- HOA

    What's special

    This is a true built duplex, both units have 3 beds and 2 bathrooms with almost 1250 sf. Two bedrooms and one bath on the main level, with a finished basement with a 3rd bedroom, ¾ bathroom and large 2nd living room. Both units also have a large storage area with laundry. Both units rented and property is cash-flowing well. One unit was just leased for $1300. Other unit is still at $1100, but should be pushed to $1300 at renewal. Both units have been recently renovated. New Furnaces and ACs. This duplex is about a mile from Hy-Vee Grocery, Target, Walmart, tons of restaurants. Blocks to the Elementary school, a mile from the middle school. Tenants pay for all utilities and take care of the lawn care and snow removal, making this an easy and profitable investment.

    Zillow last checked: 7 hours ago

    Listing updated: August 16, 2023 at 10:22am

    Listed by:

    Chase Keller (319)231-1160,

    RE/MAX Concepts,

    Liz Keller 515-423-5607,

    RE/MAX Concepts

    Bought with:

    Sonia Gens

    Iowa Realty Mills Crossing

    Source: DMMLS,MLS#: 678264MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Interior area
    • Total structure area: 1,518
    • Total interior livable area: 1,518 sqft
    • Finished area below ground: 920

    Property

    Lot
    • Size: 8,058 sqft
    • Dimensions: 70 x 115
    Details
    • Parcel number: 12003295202000
    • Zoning: N3A

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Foundation: Poured
    Condition
    • Year built: 1982

    Community & neighborhood

    Location
    • Region: Des Moines

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Services availability
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