2712 Dean AVE, Des Moines, IA 50317
2712 Dean AVE, Des Moines, IA 50317
2712 Dean AVE, Des Moines, IA 50317
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$275,000
Est. payment /mo
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1,710 SqFt
Price Dropped by $5K

2712 Dean AVE Des Moines, IA 50317

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Key Details

Property Type Multi-Family

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 1,710 sqft

Price per Sqft $160

MLS Listing ID 70822

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,290

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type See Remarks

Source Central Iowa Board of REALTORS®

Land Area 1710

Property Description

Opportunity knocks with this cash-flowing investment property featuring an up/down duplex and a detached efficiency unit, providing three separate income-producing units on one lot. The property offers a spacious 4-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, and a detached efficiency unit, all conveniently located near the Iowa State Fairgrounds with easy access to downtown Des Moines. It has a proven rental history and generates cash flow. Major improvements have been completed throughout the property in recent years. In 2024, the west basement wall was professionally sealed and insulated. Updates completed in 2025 include new flooring in Unit 2, a remodeled bathroom with a vent fan in Unit 1, and a refreshed efficiency unit featuring new flooring, a new shower, fresh paint, kitchen improvements, and updated appliances. The sewer line was also repaired from the house to the city main in 2025 and includes a transferable warranty. In 2026, additional improvements included new kitchen ceiling tiles in Unit 1, along with a new roof and water heater for the efficiency unit, helping provide added peace of mind for the next owner. With many major capital improvements already completed, this property offers a strong combination of immediate cash flow and long-term value. Whether you're looking to expand your portfolio or add a high-performing investment to your holdings, this is an opportunity worth a closer look.

Location

State IA

County Polk

Zoning Res

Body of Water Public

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Window Unit(s), Central Air

Exterior

Garage No

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Other

Schools

School District Des Moines


Listed by Keller Williams Legacy Group

NEARBY SCHOOL & BUSINESS

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Marc Olson

Marc Olson

Broker/Owner

+1(515) 291-7900

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2712 Dean AVE