1429 Martin Luther King Jr Parkway, Des Moines, IA 50314

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1429 Martin Luther King Jr Parkway,Des Moines, IA 50314
$142,500
  • 5 Beds
  • 2 Baths
  • 2,544 sq. ft.
  • Multi-family
  • Pending
Listed by: seth walker
Office: re/max concepts
MLS#:738465
Source:IA_DMAAR

Price summary

  • Price:$142,500
  • Price per sq. ft.:$56.01

About this home

Seller financing available! This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1905
  • Listing ID #:738465
  • Added:189 day(s) ago
  • Updated:October 22, 2026 at 08:32 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,544 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1905
  • Building area:2,544 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Two Story
  • Construction Materials:Vinyl Siding
  • Foundation Description:Brick/Mortar, Stone
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$142,500
  • Price per sq. ft.:$56.01
  • Tax amount:$2,468

New listings near 1429 Martin Luther King Jr Parkway