1134 39th St, Des Moines, IA, 50311
About This Home
Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors or someone looking for a place to live while supplementing their income. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra storage space for tenant convenience, plus a shared washer and dryer. The upper-level is a 1 bed, 1 bath unit with a large living room area. Upper unit is also occupied as of April 1, 2026. The upper unit was recently updated with new paint, stove, and flooring. City of Des Moines rental certificate is good through August 23, 2027. Both units are equipped with newer separate water heaters and furnaces. Located close to amenities and transportation, this property offers incredible potential for passive income or multi-generational living. Don't miss your chance to own this fantastic investment property in a prime Des Moines location.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: 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 & Cooling
- Heating features: Forced Air,Gas,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,187
- Total interior livable area: 2,187 sqft
Property
Details
- Parcel number: 09003446000000
- Zoning: N5
Features
- Levels: One and One Half
- Stories: 1
Lot
- Lot size: 6,621 sqft
- Features: Cul-De-Sac
- Lot size dimensions: 50 x 132
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Cold Wave
- Hail
- Heat Wave
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,107 | $13,284 |
| Home Insurance * | $146 | $1,752 |
| Property Taxes | $322 | $3,864 |
| Electricity | $163 | $1,957 |
| Total | $1,738 | $20,856 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Price change | $219,000 |
| 2026-02-20 | Price change | $229,900 |
| 2026-01-15 | Listed for sale | $239,900 |
| 2025-09-02 | Listing removed | $239,000 |
| 2025-08-20 | Price change | $239,000 |
| 2025-07-07 | Price change | $244,000 |
| 2025-06-05 | Price change | $249,500 |
| 2025-05-13 | Price change | $252,000 |
| 2025-04-27 | Listed for sale | $260,000 |
| 2025-01-22 | Listing removed | $270,000 |
| 2025-01-10 | Price change | $270,000 |
| 2024-12-14 | Listed for sale | $280,000 |
| 2021-03-24 | Listing removed | -- |
| 2017-08-22 | Listing removed | $950 |
| 2017-08-17 | Listed for rent | $950 |
| 2017-03-26 | Listing removed | $940 |
| 2017-03-12 | Price change | $940 |
| 2017-03-07 | Listed for rent | $980 |
| 2008-09-11 | Sold | $103,500 |
| 2008-05-10 | Listed for sale | $105,000 |
| 2002-08-22 | Sold | $114,500 |
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