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
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
RectangularLot
Ranch
Carpet
ForcedAir, Gas, NaturalGas
Public
PublicSewer
CentralAir
No
Brick
Pennie Carroll & Associates, Pennie Carroll (515.490.8025) & Pennie Carroll & Associates, Joe Carroll (515.490.4089)