707 & 715 E Mckinley Avenue, Des Moines, IA 50315
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
707 & 715 E Mckinley Avenue,Des Moines, IA 50315
$590,000
- 8 Beds
- 4 Baths
- 3,499 sq. ft.
- Multi-family
- Active
Listed by: dustin kupka
Office: re/max precision
MLS#:742767
Source:IA_DMAAR
Price summary
- Price:$590,000
- Price per sq. ft.:$168.62
About this home
If you're looking for a duplex portfolio, this is your chance! 707 & 715 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage. The combined gross monthly income for both duplexes is $4,893.
Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 715 New furnace & Ac (2023) & 717 water heater replaced (2024). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 801, 807 and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records....
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Home facts
- Year built:1984
- Listing ID #:742767
- Added:108 day(s) ago
- Updated:September 27, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet
- Kitchen Description:Dishwasher, Refrigerator, Stove
- Basement:Yes
- Basement Description:Finished, Walk Out Access
- Living area:3,499 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1984
- Building area:3,499 sq. ft.
- Lot area:0.67 Acres
- Lot Features:Rectangular Lot
- Architectural Style:Two Story
- Foundation Description:Block
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$590,000
- Price per sq. ft.:$168.62
- Tax amount:$10,333
Features and amenities
- Appliances:Dishwasher, Refrigerator, Stove
- Amenities:Smoke Detectors
Parking
- Parking description:Detached, Garage, Two Car Garage
- Garage:Yes
- Garage spaces:2
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