1240 32nd Street, Des Moines, IA 50311
1240 32nd Street, Des Moines, IA 50311
1240 32nd Street, Des Moines, IA 50311
1240 32nd Street, Des Moines, IA 50311
1240 32nd Street, Des Moines, IA 50311
1240 32nd Street, Des Moines, IA 50311
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Jim Hibbs

Jim Hibbs

+1(515) 218-5757
$ 349,900
Est. payment | /mo

6 Beds

4 Baths

2,492 SqFt

Save
$ 349,900
Est. payment | /mo
Save

6 Beds

4 Baths

2,492 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,492 sqft

Price per Sqft $140

MLS Listing ID 750675

Style Two Story

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1915

Annual Tax Amount $5,654

Lot Size 0.294 Acres

Acres 0.294

Property Description

Income-producing fourplex located next to Drake University! 1240 32nd Street features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile mix of rental options. Updated sewer and water lines provide added value and peace of mind. With an opportunity for immediate cash flow and a convenient location near campus, this property is a great opportunity to expand your rental portfolio or get started in investment real estate.

All information obtained from seller and public record.

Location

State IA

County Polk

Area Des Moines N.West

Zoning N5

Rooms

Basement Egress Windows, Partially Finished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air, Window Unit(s)

Fireplace No

Exterior

Utilities Available Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Entry Level Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 10010342001000

Monthly Total Fees $471

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by RE/MAX Precision

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Jim Hibbs
Jim Hibbs

Broker License ID: B64604000

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

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1240 32nd Street