1240 32nd Street

Income-producing fourplex located next to Drake University! 1240 32nd Street features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile mix of rental options. Updated sewer and water lines provide added value and peace of mind. With an opportunity for immediate cash flow and a convenient location near campus, this property is a great opportunity to expand your rental portfolio or get started in investment real estate. All information obtained from seller and public record.

Legal: E 171F LT 2 PERIGO PLACE

Status: Active

Property Information

750675

$349,900

Sale

TwoStory

MultiFamily

1240 32nd Street

Des Moines

Polk

IA

50311

6

600

2492

4

4

2

EgressWindows, PartiallyFinished

2492

Des Moines N.West

5654.67

1915

Des Moines Independent

Features

RectangularLot

TwoStory

Utilities

ForcedAir, Gas, NaturalGas

Public

PublicSewer

CentralAir,WindowUnits

No

Miscellaneous

Brick

Listed By

RE/MAX Precision, Jonathan Musser (515.953.8466)

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MLS #750675
MLS #750675
MLS #750675
WORK WITH US HOME VALUATION
Agency Iowa - Licensed In Iowa Each Office Independently Owned And Operated.

Agency Iowa

Licensed In Iowa Each Office Independently Owned And Operated.

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Copyright © 2025 Agency Iowa. All Rights Reserved.Real Estate IDX/RETS Website by Lead City
This Multi-Family property at 1240 32nd Street (MLS # 750675) is located in Des Moines, IA. Listed on AGENCY IOWA Real Estate, this Multi-Family home is priced at $349,900. This 6 bedroom property in Des Moines at 1240 32nd Street offers 2492 sqft, 4 bathrooms, and was built in 1915. Whether you're looking for new listings in Des Moines or specifically on 1240 32nd Street, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2026 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.