1240 32nd Street, Des Moines, IA 50311

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1240 32nd Street,Des Moines, IA 50311
$349,900
  • 6 Beds
  • 4 Baths
  • 2,492 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan musser
Office: re/max precision
MLS#:750675
Source:IA_DMAAR

Price summary

  • Price:$349,900
  • Price per sq. ft.:$140.41

About this home

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.

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Home facts

  • Year built:1915
  • Listing ID #:750675
  • Added:1 day(s) ago
  • Updated:October 07, 2026 at 09:55 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Basement Description:Egress Windows, Partially Finished
  • Living area:2,492 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Units
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1915
  • Building area:2,492 sq. ft.
  • Lot Features:Rectangular Lot
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$140.41
  • Tax amount:$5,655