1642 E Grand Avenue, Des Moines, IA 50316

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1642 E Grand Avenue,Des Moines, IA 50316
$199,999
  • 4 Beds
  • 3 Baths
  • 1,768 sq. ft.
  • Multi-family
  • Active
Listed by:beth cochran
Office:agency iowa
MLS#:722579
Source:IA_DMAAR

Price summary

  • Price:$199,999
  • Price per sq. ft.:$113.12

About this home

Great investor opportunity with this tri-plex in east Des Moines! This property is fully occupied with Units 1 and 2 bringing $850 per month and Unit 3 bringing $750 per month. Monthly costs are between $1600-$1800. Cash Flow is great if you're looking for a side hustle! Rental certificate in place. Open to creative financing.

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Home facts

  • Year built:1882
  • Listing Id #:722579
  • Added:27 day(s) ago
  • Updated:August 06, 2025 at 02:54 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:1,768 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1882
  • Building area:1,768 sq. ft.
  • Lot area:0.12 Acres

Utilities

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

Finances and disclosures

  • Price:$199,999
  • Price per sq. ft.:$113.12
  • Tax amount:$2,661