3920-3922 E 38th Street

Investors, here’s an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.

Legal: LT 3 APPLEWOOD-PLACE

Status: Active

Property Information

749497

$240,000

Sale

Ranch

MultiFamily

3920-3922 E 38th Street

Des Moines

Polk

IA

50317

4

1536

2

2

1

Unfinished

1536

24000

Des Moines N.East

4171

1973

Des Moines Independent

Features

RectangularLot

Ranch

Carpet

Utilities

ForcedAir, Gas, NaturalGas

Public

PublicSewer

CentralAir

No

Miscellaneous

Brick

Listed By

Pennie Carroll & Associates, Pennie Carroll (515.490.8025) & Pennie Carroll & Associates, Joe Carroll (515.490.4089)

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Licensed In Iowa Each Office Independently Owned And Operated.

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