1315 E 12th Street, Des Moines, IA 50316

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1315 E 12th Street,Des Moines, IA 50316
$215,000
  • - Beds
  • 3 Baths
  • 1,621 sq. ft.
  • Multi-family
  • Active
Listed by:jeff horner
Office:gillum group real estate llc.
MLS#:723486
Source:IA_DMAAR

Price summary

  • Price:$215,000
  • Price per sq. ft.:$132.63

About this home

This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.

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Home facts

  • Year built:1900
  • Listing Id #:723486
  • Added:13 day(s) ago
  • Updated:August 07, 2025 at 07:01 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:1,621 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:1,621 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$215,000
  • Price per sq. ft.:$132.63
  • Tax amount:$2,812