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1987 & 1989 SW 1st St, Des Moines, IA, 50315

3beds
2baths
1,436sqft
$210,000
$146price/sqft
$1,605/moest. monthly cost
$64,200/yrincome needed

About This Home

Two homes on one lot—ideal investment or house hack opportunity! Property includes 1987 & 1989 SW 1st St. 1987 is a 1.5 story featuring 2 bedrooms, 1 bath, and is currently vacant—move-in or rent-ready for immediate occupancy (currently being advertised for rent at $1,100). 1989 offers 1 bedroom, 1 bath and is currently tenant occupied, providing instant rental income (current rent is $850). Separate living spaces allow flexibility for owner-occupants or investors looking to maximize cash flow. Convenient location with easy access to downtown, major roads, and amenities. Great opportunity to live in one unit while the other helps offset your mortgage or add to your portfolio with a turnkey income-producing property.

Getting Around

50
WalkingCar-Dependent
35
TransitSome Transit
25
BikeSomewhat Bikeable

Schools

3/10
1/10
Weeks Middle SchoolGrades 6-81.4 mi
1/10
Lincoln High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt,Shingle

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow,One and One Half Story
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Forced Air,Gas,Natural Gas

Interior Area

  • Total structure area: 1,436
  • Total interior livable area: 1,436 sqft

Property

Details

  • Parcel number: 02002923000000
  • Zoning: N5

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 8,581 sqft
  • Lot size dimensions: 52 x 165