425 NE Broadway Avenue, Des Moines, IA 50313

$118,750
2
BD
1
BA
1,038
SqFt

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Sold Price
$118,750
List Price
$120,500
Status
CLOSED
MLS#
732499
Year Built
1939
Closing Date
Aug 14, 2026
Bedrooms
2
Bathrooms
1
Living Area
1,038
Lot Size
18,424
Region
Des Moines East

Property Description

Discover a rare mixed-use investment opportunity on a spacious lot. This home is ideal for both traditional buyers and investors seeking rental income or space for a side business. With mixed-use zoning, you can build a shop or small commercial space behind the house making it perfect for a workshop, storage, office, or boutique-style venture. Much of the remodeling is already done, making it rental-ready with lower upfront maintenance costs. Low county taxes add even more value. This property offers the best of both worlds: a turn-key home for tenants plus the flexibility to expand or create additional income on the rear lot. A solid, versatile option for anyone looking to grow their portfolio or launch a new project. Property being sold As-Is.

Additional Information

Street Name
NE Broadway Avenue
Agent Id
28512
Water
Public
Sewer
Public Sewer
Basement
Crawl Space
Foundation
Block
Roof
Asphalt, Shingle
Zip
50313
Region
Des Moines East
Style
One and One Half Story, Traditional
City
Des Moines
Acres
0.42
School District
Saydel Consolidated
Zoning
MU

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC. Selling Office: RE/MAX Concepts.

Data courtesy of the Des Moines Area Association of REALTORS