505 & 507 Watrous Avenue, Des Moines, IA 50315

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
505 & 507 Watrous Avenue,Des Moines, IA 50315
$284,900
  • 4 Beds
  • 2 Baths
  • 1,944 sq. ft.
  • Multi-family
  • Active
Listed by:amy dempsey
Office:iowa realty mills crossing
MLS#:724210
Source:IA_DMAAR

Price summary

  • Price:$284,900
  • Price per sq. ft.:$146.55

About this home

Beautifully maintained south side duplex. This owner demonstrates their love of investment properties and pride of ownership in how well cared for these units are. New gutters and gutter guards and new vinyl siding are just a few of the recent updates made to keep this property in tip-top shape. Each unit is currently on its own parcel, but they must be sold together. Both have 2 very large bedrooms and 1 spacious bathroom upstairs, and an eat-in kitchen, living room, 1/2 bathroom and laundry space on the main level. Outside you'll find that both units have an oversized detached 1 car garage and their own large, separately fenced backyard. This property is perfect for dipping your toes into investment properties with a house-hack or for the seasoned investor who wants to add a long-term rental to their portfolio. Conveniently located close to parks, schools, restaurants, Wakonda Club and Des Moines Airport access. Only 6 minutes to Downtown. Don't miss your chance!

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1978
  • Listing Id #:724210
  • Added:1 day(s) ago
  • Updated:August 13, 2025 at 04:44 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,944 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1978
  • Building area:1,944 sq. ft.
  • Lot area:186 Acres

Utilities

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

Finances and disclosures

  • Price:$284,900
  • Price per sq. ft.:$146.55
  • Tax amount:$5,281 (2026)