1438 33rd Street, Des Moines, IA 50311

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1438 33rd Street,Des Moines, IA 50311
$190,000
  • 2 Beds
  • 4 Baths
  • 1,951 sq. ft.
  • Multi-family
  • Active
Listed by: sarah kavalier
Office: lpt realty, llc.
MLS#:748077
Source:IA_DMAAR

Price summary

  • Price:$190,000
  • Price per sq. ft.:$97.39

About this home

Investor opportunity near Drake University! This 4-unit property offers two 1-bedroom apartments and two efficiency units, all currently vacant and ready for a new owner to lease, improve, and manage their way. The property is functional and rentable as-is, with opportunity to increase value through updates and stronger rent performance over time. Tenants pay their own utilities with the owner responsible for water only. No garage. Convenient location near Drake, downtown Des Moines, shopping, dinning, transit, and major commuting routes. Weather you are looking to add doors to your portfolio or take on a value-add multifamily project, this property offers a compelling entry point at $190,000.

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Home facts

  • Year built:1910
  • Listing ID #:748077
  • Added:56 day(s) ago
  • Updated:October 21, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,951 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1910
  • Building area:1,951 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Two Story
  • Construction Materials:Wood Siding
  • Foundation Description:Block
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$190,000
  • Price per sq. ft.:$97.39
  • Tax amount:$2,827

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