2936 Brattleboro Avenue, Des Moines, IA 50311
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
2936 Brattleboro Avenue,Des Moines, IA 50311
$350,000
- 4 Beds
- 5 Baths
- 2,522 sq. ft.
- Multi-family
- Active
Listed by: shonna murrey
Office: epique realty
MLS#:733321
Source:IA_DMAAR
Price summary
- Price:$350,000
- Price per sq. ft.:$138.78
About this home
Well-located 5-unit multifamily in the Drake area offering a rare mix of stability and immediate upside. Quiet building with a solid history of long-term tenancy and consistent performance.
The property features four 1-bedroom units and one efficiency, with current rent levels positioned for strong cash flow:
Unit 1: $800
Unit 2: $675
Unit 3: $500
Unit 4: $550
Unit 5: $800
Recent system improvements include a conversion to electric heat (previously dual furnaces). Tenants pay their own electric, with separate meters already in place. Landlord expenses are limited to water, house electric, and gas for the water heater, supporting favorable operating margins.
Additional income and value features include:
Coin-operated laundry in the basement
2-car detached garage
Extra storage in the unfinished attic and basement
This property is well-suited for investors seeking a low-turnover asset with multiple income streams, clean utility separation, and long-term hold potential in a proven rental location.
Schedule a showing to review the numbers and evaluate the upside in person.
Contact an agent
Home facts
- Year built:1895
- Listing ID #:733321
- Added:1 day(s) ago
- Updated:January 23, 2026 at 11:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:3
- Living area:2,522 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard, Electric, Forced Air, Gas, Natural Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1895
- Building area:2,522 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$138.78
- Tax amount:$4,599
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