1206 39th Street, Des Moines, IA 50311
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1206 39th Street,Des Moines, IA 50311
$220,000
- 4 Beds
- 3 Baths
- 1,964 sq. ft.
- Multi-family
- Active
Listed by:darson grantham
Office:keller williams realty gdm
MLS#:722298
Source:IA_DMAAR
Price summary
- Price:$220,000
- Price per sq. ft.:$112.02
About this home
$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years.
This property is in a high-demand rental area, with proximity to local amenities, schools, and public transportation. Whether you're looking to add to your existing investment cash flowing portfolio or step into the Des Moines rental market for the first time, this location offers excellent cash flow potential with minimal maintenance concerns due to recent updates. (Neighboring property 3903 University is also for sale, would consider a discount if sold together)
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Home facts
- Year built:1918
- Listing Id #:722298
- Added:20 day(s) ago
- Updated:August 14, 2025 at 03:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,964 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1918
- Building area:1,964 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$112.02
- Tax amount:$3,303 (2025)
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