1118 23rd Street, Des Moines, IA 50311

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1118 23rd Street,Des Moines, IA 50311
$140,000
  • 4 Beds
  • 1 Baths
  • 1,874 sq. ft.
  • Multi-family
  • Active
Listed by: darson grantham
Office: keller williams realty gdm
MLS#:732729
Source:IA_DMAAR

Price summary

  • Price:$140,000
  • Price per sq. ft.:$74.71

About this home

Looking for a smart investment in a neighborhood that keeps getting better? This two-story home has been converted into a duplex in the heart of the growing Drake University area—offering flexibility whether you’re an owner-occupant or a long-term investor. Live in one unit and let the other help offset your mortgage, or keep both units rented and enjoy steady cash flow from day one. Both units feature 2 bedrooms and 1 bathroom and currently rent for $730 each. Tenants pay their own electric bill, while water and gas is paid by the landlord. The rental certificate will be provided upon request. Opportunities like this don’t hang around long—especially at this price point. Schedule your showing before someone else does.

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Home facts

  • Year built:1908
  • Listing ID #:732729
  • Added:6 day(s) ago
  • Updated:January 22, 2026 at 05:05 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,874 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1908
  • Building area:1,874 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$140,000
  • Price per sq. ft.:$74.71
  • Tax amount:$2,337 (2025)

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