




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
35
25
Schools
3/10
1/10
1/10
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
