2712 Dean Avenue, Des Moines, IA 50317
2712 Dean Avenue, Des Moines, IA 50317
2712 Dean Avenue, Des Moines, IA 50317
2712 Dean Avenue, Des Moines, IA 50317
2712 Dean Avenue, Des Moines, IA 50317
2712 Dean Avenue, Des Moines, IA 50317
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$ 285,000
Est. payment | /mo

5 Beds

3 Baths

1,710 SqFt


Save
$ 285,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,710 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,710 sqft

Price per Sqft $166

MLS Listing ID 745868

Style Two Story

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,290

Lot Size 8,799 Sqft

Acres 0.202

Property Description

Opportunity knocks with this cash-flowing investment property featuring an up/down duplex and a detached efficiency unit, providing three separate income-producing units on one lot. The property offers a spacious 4-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, and a detached efficiency unit, all conveniently located near the Iowa State Fairgrounds with easy access to downtown Des Moines. It has a proven rental history and generates cash flow.

Major improvements have been completed throughout the property in recent years. In 2024, the west basement wall was professionally sealed and insulated. Updates completed in 2025 include new flooring in Unit 2, a remodeled bathroom with a vent fan in Unit 1, and a refreshed efficiency unit featuring new flooring, a new shower, fresh paint, kitchen improvements, and updated appliances. The sewer line was also repaired from the house to the city main in 2025 and includes a transferable warranty. In 2026, additional improvements included new kitchen ceiling tiles in Unit 1, along with a new roof and water heater for the efficiency unit, helping provide added peace of mind for the next owner.

With many major capital improvements already completed, this property offers a strong combination of immediate cash flow and long-term value. Whether you're looking to expand your portfolio or add a high-performing investment to your holdings, this is an opportunity worth a closer look.

Location

State IA

County Polk

Area Des Moines East

Zoning Res

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air, Window Unit(s)

Fireplace No

Appliance Microwave, Refrigerator, Stove

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Entry Level Two

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 050/00176-000-000

Monthly Total Fees $190

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Keller Williams Legacy Group

Schools and Properties Nearby

Kate Florer

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(515) 777-6180

kateflorerrealty@gmail.com

2425 N Ankeny Blvd, Ankeny, IA, 50023-4722, USA

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2712 Dean Avenue