3920-3922 E 38th Street, Des Moines, IA 50317

$240,000
4
BD
2
BA
1,536
SqFt

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List Price
$240,000
Status
ACTIVE
MLS#
749497
Year Built
1973
Bedrooms
4
Bathrooms
2
Living Area
1,536
Lot Size
24,000
Region
Des Moines N.East

Property Description

Investors, here’s an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.

Additional Information

Street Name
E 38th Street
Agent Id
21331
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Foundation
Block
Roof
Asphalt, Shingle
Zip
50317
Region
Des Moines N.East
Style
Ranch
City
Des Moines
Acres
0.55
School District
Des Moines Independent
Zoning
N2A-2

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Calculator source: Real Geeks

Listing courtesy of Pennie Carroll & Associates.

Data courtesy of the Des Moines Area Association of REALTORS