1022 McKinley Ave, Des Moines, IA, 50315
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
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
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
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
- Cold Wave
- Hail
- Heat Wave
- Strong Wind
- 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 | $1,390 | $16,680 |
| Home Insurance * | $196 | $2,352 |
| Property Taxes | $532 | $6,384 |
| Electricity | $145 | $1,740 |
| Total | $2,263 | $27,156 |
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 |
|---|---|---|
| 2026-04-08 | Listed for sale | $275,000 |
| 2026-03-30 | Listing removed | $1,200 |
| 2026-03-13 | Listed for rent | $1,200 |
| 2025-03-26 | Listing removed | $1,250 |
| 2025-03-17 | Listed for rent | $1,250 |
| 2000-10-16 | Sold | $102,000 |
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