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1022 McKinley Ave, Des Moines, IA, 50315

6beds
2baths
1,944sqft
$275,000
$141price/sqft
$2,263/moest. monthly cost
$90,520/yrincome needed

About This Home

This well-sized 3-bedroom, 1-bath walkout duplex is ideally located just off McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low. Conveniently located near shopping, dining, and everyday essentials along SE 14th St, with easy access to Gray's Lake Park and Water Works Park, and just minutes from downtown Des Moines. Recent updates include a new roof in 2020 and water heaters replaced in 2023 and 2012. Additional features include a basement toilet in unit 1024, a spacious backyard, and a functional layout. This property offers strong potential for investors looking to enhance value and maximize returns in a prime location. All information obtained from seller and public records.

Getting Around

59
WalkingSomewhat Walkable
29
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

6/10
Wright Elementary SchoolGrades K-50.3 mi
3/10
Brody Middle SchoolGrades 6-81.6 mi
1/10
Lincoln High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Stove

Basement

  • Has basement: Yes
  • Basement: Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Gas,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,944
  • Total interior livable area: 1,944 sqft

Property

Details

  • Parcel number: 12003528000000
  • Zoning: N5

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 10,367 sqft
  • Features: Rectangular Lot