1250 9th Street, Des Moines, IA 50314
1250 9th Street, Des Moines, IA 50314
1250 9th Street, Des Moines, IA 50314
1250 9th Street, Des Moines, IA 50314
1250 9th Street, Des Moines, IA 50314
1250 9th Street, Des Moines, IA 50314
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$ 250,000
Est. payment | /mo

3 Beds

2 Baths

2,504 SqFt


Save
$ 250,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,504 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,504 sqft

Price per Sqft $99

MLS Listing ID 747580

Style Two Story,Duplex

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1893

Annual Tax Amount $3,146

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Duplex

Property Description

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.

Location

State IA

County Polk

Area Des Moines N.West

Zoning N5

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Window Unit(s)

Flooring Carpet

Fireplace No

Appliance Refrigerator, Stove

Laundry Main Level, Upper Level

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type Duplex

Entry Level Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 08002811000000

Monthly Total Fees $262

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams Realty GDM

Schools and Properties Nearby

Jim Hibbs
Jim Hibbs

Broker | License ID: B64604000

+1(515) 218-5757 | jimhibbs99@gmail.com

Learn More About LPT Realty

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1250 9th Street