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1642 E Grand Avenue

Des Moines, IA 50316
  • $209,990
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 709899
New On Site 3 Days Ago
$209,990
  • 4
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1882
County:

School Ratings & Info

School District:

Description

Great cash-flowing investment opportunity! Tri-plex with current rental certificate. Currently Unit 3 is vacant but rents are, $800 for Unit 1, $800 for Unit 2, and $700 for Unit 3. All appliances are included and washer and dryer is shared by tenants and is located in the basement. There is a shared lot for parking with alley access.

Monthly Payment Calculator

© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2025-01-13T00:22:21.16.
www.searchcentraliowahomes.com/homes/159319841
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1642 E Grand Avenue Des Moines, IA 50316

  • Price: $209,990
  • Status: Active
  • On Site: 3 Days
  • MLS #: 709899
4
Beds
2
Baths
0
½ Baths
0.12
Acres
1882
Built
Neighborhood:
Des Moines East
County:
Polk
Area:
Des Moines East
School District:
Des Moines Independent
Property Description
Great cash-flowing investment opportunity! Tri-plex with current rental certificate. Currently Unit 3 is vacant but rents are, $800 for Unit 1, $800 for Unit 2, and $700 for Unit 3. All appliances are included and washer and dryer is shared by tenants and is located in the basement. There is a shared lot for parking with alley access.
Exterior Features

Architectural Style Two Story Foundation Details Brick / Mortar Levels Two Roof Asphalt Shingle

Interior Features

Basement Unfinished Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Heating Forced Air Gas Heating YN Yes

Property Features

Electric On Property YN Yes Gross Income 2300 Lease Considered YN No Listing Terms Cash FHA VA Loan Owner Pays Electricity Gas Insurance Tax Annual Amount 2062 Tenant Pays Water Utilities Electricity Available Natural Gas Available Water Available Zoning RX1

Listing provided courtesy of RE/MAX Concepts: (515) 279-6700. © 2025 Des Moines Multiple Listing Service.
© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2025-01-13T00:22:21.16.
 
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