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1019/1021 SE Kirkwood Ave, Des Moines, IA, 50315

3beds
2baths
1,586sqft
$195,000
$123price/sqft
$1,501/moest. monthly cost
$60,040/yrincome needed

About This Home

Calling All Investors! This duplex is a fantastic opportunity to start your rental portfolio or add two income-producing doors to your existing investments. Conveniently located near a bus line with a short commute to downtown, the property is also close to MacRae Park and Lincoln High School. The main-level unit features two bedrooms, one bath, a full kitchen, and additional storage space in the lower level. This unit also enjoys access to a detached two-car garage. Upstairs, the cozy and efficient one-bedroom unit offers comfortable living with a practical layout. All appliances are included in both units, making the transition easy for the next owner. Major updates provide peace of mind, including low-maintenance siding, a new roof (2025), new furnace (2025), and new central air system (2026), creating a near turnkey investment opportunity. The property has a history of long-term tenants who are currently in good standing. Lovingly maintained by the same family for many years, this income-producing property is ready for its next chapter. Whether you're a first-time investor or looking to expand your portfolio, this is an opportunity you won't want to miss!

Getting Around

52
WalkingSomewhat Walkable
32
TransitSome Transit
28
BikeSomewhat Bikeable

Schools

2/10
3/10
Brody Middle SchoolGrades 6-81.5 mi
2/10
Lincoln High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Poured
  • Roof: Asphalt,Shingle
  • Construction materials: Metal Siding,See Remarks

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Stove,Washer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • Cable TV,Window Treatments
  • Flooring: Carpet
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Electric,Forced Air,Gas,Natural Gas
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 1,586
  • Total interior livable area: 1,586 sqft

Property

Details

  • Parcel number: 01003146001000
  • Zoning: N3B

Lot

  • Lot size: 6,899 sqft
  • Features: Rectangular Lot
  • Lot size dimensions: 50 x 138

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage,Two Car Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2