UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,881 sqft
Price per Sqft $52
MLS Listing ID 731394
Style Three Story
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1896
Annual Tax Amount $1,507
Lot Size 6,490 Sqft
Acres 0.149
Property Sub-Type Residential
Property Description
This property is currently used as a single-family home, but it presents an excellent value-add opportunity for conversion into a tri-plex. At present, the building does not have a rental certificate, making it ideal for an investor or developer ready to update, renovate, and bring it up to code while unlocking its full income potential.
With the right improvements, this property can be transformed into a profitable multi-unit rental, appealing to tenants seeking modern, comfortable living spaces. Its current layout and structure provide a strong foundation for maximizing rental income in a high-demand market.
This is a rare chance to convert a single-family property into a thriving investment asset, creating long-term value while taking advantage of a flexible redevelopment opportunity.
Location
State IA
County Polk
Area Des Moines N.West
Zoning n5
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Heating Natural Gas, Radiant
Flooring Hardwood
Fireplaces Number 1
Fireplace Yes
Appliance Microwave, Refrigerator, Stove
Exterior
Parking Features Attached, Garage, Two Car Garage
Garage Spaces 2.0
Garage Description 2.0
Roof Type Asphalt,Shingle
Private Pool No
Building
Entry Level Three Or More
Foundation Block, Poured
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Des Moines Independent
Others
Senior Community No
Tax ID 07002900000000
Monthly Total Fees $125
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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