1527 Forest Avenue, Des Moines, IA 50314

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1527 Forest Avenue,Des Moines, IA 50314
$199,000
  • 4 Beds
  • 2 Baths
  • 3,729 sq. ft.
  • Multi-family
  • Active
Listed by: adam metzker
Office: 515 rentals & sales llc.
MLS#:737839
Source:IA_DMAAR

Price summary

  • Price:$199,000
  • Price per sq. ft.:$53.37

About this home

Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mechanicals and new roof/facia and soffits. Current rental certificate.

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Home facts

  • Year built:1924
  • Listing ID #:737839
  • Added:51 day(s) ago
  • Updated:June 24, 2026 at 04:26 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:3,729 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:3,729 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$53.37
  • Tax amount:$3,300

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