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$241,500
6 Beds 2 Baths 747580 MLS
Turnkey duplex in Des Moines' River Bend Historic District generating $2,750/month in combined rental income. The first-floor 4-bedroom, 1-bathroom unit rents for $1,550/month and is month-to-month, while the second-floor 3-bedroom, 1-bathroom unit rents for $1,200/month and is on a 6-month lease. The second-floor unit also received a brand new furnace within the past year. With 2,504 square feet across both units, there's plenty of room to spread out, plus both units have laundry rooms and hook ups as an added tenet benefit. Water is owner-paid, while gas and electric are separately metered and tenant-paid. Average gas and electric costs are approximately $186/month for Unit 1 and $149/month for Unit 2. A 2-car detached garage provides additional storage and potential for extra income, all situated on a 0.2-acre lot in the historic River Bend neighborhood.

1250 9th Street, Des Moines

$425,000
6 Beds 4 Baths 742879 MLS
With NINE total bedrooms and 4 bathrooms, this is a turnkey investment opportunity nestled on a nearly half-acre lot on Des Moines' desirable northwest side! Offering an impressive amount of living space, this property combines modern updates with functional layouts and endless possibilities. Recent improvements throughout both units include new luxury vinyl plank flooring, new carpet, fresh paint, and updated vanities in most bathrooms. The exterior features newer vinyl siding, recent foundation work, separate driveways for each side, and a detached two-car garage. The 2525 side offers 4 bedrooms and 2 bathrooms, along with a versatile upper-level bonus space featuring beautiful hardwood floors - perfect for a playroom, home office, hobby space, or additional living area. The 2527 side includes 5 bedrooms and 2 bathrooms and features a recently updated kitchen. Inside the front entrance, each unit has its own dedicated mudroom closet storage, creating a practical and welcoming entryway. The expansive lot provides plenty of room to enjoy outdoor activities, gardening, or simply the privacy that comes with extra space. Whether you're looking for a multi-generational living arrangement, owner-occupancy with additional income potential, or a one-of-a-kind rental property, this duplex has it all. It's a rare opportunity! All information obtained from seller and public records.

2525 51st Street, Des Moines