2931 Kingman Boulevard, Des Moines, IA 50311

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
2931 Kingman Boulevard,Des Moines, IA 50311
$365,000
  • 6 Beds
  • 5 Baths
  • 3,367 sq. ft.
  • Multi-family
  • Active
Listed by: meghan o'brien, adam steger
Office: realty one group impact
MLS#:740269
Source:IA_DMAAR

Price summary

  • Price:$365,000
  • Price per sq. ft.:$108.41

About this home

Rare investment opportunity grossing $4,140 per month in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood flooring being refinished. Current rental rates are: Unit 1 (occupied 8/01) $1200. Unit 2 (occupied) $815 Unit 3 (Occupied) $695. Unit 4 (occupied) $835. Unit 5 (occupied) $595. This is a perfect combination of a well maintained and highly marketable rental property that still has room for future revenue enhancing improvements.

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Home facts

  • Year built:1909
  • Listing ID #:740269
  • Added:97 day(s) ago
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:5
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,367 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1909
  • Building area:3,367 sq. ft.
  • Lot area:0.26 Acres
  • Architectural Style:Three Story
  • Foundation Description:Block
  • Levels:3 Story

Utilities

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

Finances and disclosures

  • Price:$365,000
  • Price per sq. ft.:$108.41
  • Tax amount:$5,120

Features and amenities

  • Appliances:Refrigerator

Parking

  • Parking description:Detached, Garage, Two Car Garage
  • Garage:Yes
  • Garage spaces:2

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