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.
Sold
$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
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#: 678264
Originating 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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