Multifamily For Sale

2712 Dean Avenue, Des Moines, Iowa 50317

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Property Description

Turnkey rental that was fully renovated 3 years ago with all the DSM permitting required to receive a huge tax abatement that has 8 years left. Results in roughly $2000 per year less tax which directly increases the cash flow on this property. The details… this property features three separate units, each with its own unique characteristics. The first unit is on the ground floor of the main house. It’s a practical space with 1,205 square feet, including four bedrooms and a bathroom.

Upstairs in the same building is the second unit. It’s a bit smaller at 774 square feet, but it’s got everything you need: two bedrooms and a bathroom, making it a great fit for anyone looking for a cozy living space.

The third unit is a standalone structure behind the main house. It’s compact, with 300 square feet, a single bedroom, and a bathroom. This place is perfect for someone who likes their privacy.

Tenats pay a total of 2580 per month of rent in addition they pay the electric and gas utility. Owner pays the trash/water for tenants #1 and #2 and tenant #3 pays their own trash/water bill.

Basic Details
Property Type : Multifamily
Listing Type : For Sale
Price : $270,000
Status : Active
Days On Market : 86
Year Built : 1910
Square Footage : 1,710 Sqft
Lot Area : 0.20 Acre
Bedrooms : 6
Bathrooms : 3
Baths Total : 3
Features
Heating System : Forced air, Gas
Cooling System : Central Air
Basement : Unfinished
Water/Sewer : Public Sewer
Construction
Roof Deck : Asphalt, Shingle
Foundation : Brick/mortar
Style : TwoStory
Zoning : N3C-4
Other
LotSizeArea : 0.20 Sqft
MLSAreaMajor : Des Moines East
LotSizeSquareFeet : 8,820 Sqft
TaxAnnualAmount : $2,280
LotFeatures : Rectangular Lot
BuildingAreaTotal : 1,710 Sqft
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 687958
List Office MLSID : DBR
List Office Name : Keller Williams Realty GDM
List Agent Email : dgrantham@kw.com
List Agent Full Name : Darson Grantham
List Agent MLSID : 505591
List Agent Cell Phone : (641) 745-0156
Location
Street Number : 2712
Street Suffix : Avenue
Street : Dean
Country : US
State : IA
County : Polk
City : Des Moines
Zipcode : 50317
Longitude : W94° 26' 7.2''
Latitude : N41° 35' 30.1''
Parcel Number : 050/00176-000-000
Directions : From east 30th and dean go west and property is a few blocks in.
Multifamily For Sale
  • Listing ID : 687958
  • Bedrooms : 6
  • Bathrooms : 3
  • Square Footage : 1,710 Sqft
  • Visits : 22 in 77 days
$270,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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