Investor opportunity within walking distance of Drake University. This turn-key duplex features two occupied units on month-to-month leases, offering immediate cash flow with room for growth.
Both the upper and lower units include 2 bedrooms, 1 bathroom, and independent layouts. All appliances stay with the property, including a dedicated washer and dryer setup for each unit. The lower unit features a newer refrigerator, while the upper unit has been updated within the last two years with newer appliances and durable LVP flooring. Each tenant responsible for their own electric. The detached garage electricity is tied to the upper unit meter. Gas and water are landlord expenses.
A great addition to a portfolio or a perfect house-hack opportunity close to campus. This property also features a possible assumable VA loan for qualified buyers. Call your agent to schedule a tour.
Legal: LOT 7 DRAKE UNIVERSITY OP
744385
$250,000
Sale
TwoStory
MultiFamily
1355 24th Street
Des Moines
Polk
IA
50311
4
2064
2
2
2
Unfinished
2064
7776
Detached, Garage, OneCarGar
1
Des Moines N.West
3700
1897
Des Moines Independent
TwoStory
ForcedAir, Gas
CentralAir
No
VinylSiding
RE/MAX Concepts, Heather Wright (515.229.2012) & RE/MAX Concepts, Chelsey Martin (641.840.2768)