For Sale
$360,000

2036-2044 Capitol Ave Des Moines, IA 50317

Three side-by-side Des Moines rentals, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional investment opportunity presents a portfolio of three single-family homes located side-by-side at 2036-2044 Capitol Avenue in Des Moines, Iowa, within Polk County, zip code 50317. Built between 1912 and 1915, this portfolio boasts a total of 2,043 square feet of net rentable space, priced at $176.21 per square foot. The asking price for the entire portfolio is $360,000. Each unit is a 2-bedroom, 1-bathroom home. Currently, the properties generate substantial rental income: 2036 Capitol Avenue is rented at $1025 per month

Highlights

  • Exceptional investment opportunity: Three side-by-side single-family homes in Des Moines, IA.
  • Portfolio totals 2,043 square feet of net rentable space.
  • Asking price: $360,000 ($176.21/SF).
  • Each unit features 2 bedrooms and 1 bathroom.
  • Currently generating substantial rental income (example: $1025/month for one unit).

Property Details for 2036-2044 Capitol Ave

Property type
Residential income homes
Square Feet
2,043 SF
Year Built
1912

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.594561
Longitude
-93.5805772
2036-2044 Capitol Ave, Des Moines, Iowa

FAQs

What type of property is this?
Residential income home - Three side-by-side Des Moines rentals, strong cash flow.
Where is the residential income home located?
The property is located at 2036-2044 Capitol Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Three side-by-side single-family homes in Des Moines, IA.; Portfolio totals 2,043 square feet of net rentable space.; Asking price: $360,000 ($176.21/SF).
How can I contact the broker?
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2036-2044 Capitol Ave
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