This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.
Legal: LOT 198 CAPITAL PARK
723046
$215,000
Sale
Residential
TwoStory
Residential
1315 E 12th Street
Des Moines
Polk
IA
50316
3
1621
3
3
Unfinished
1621
7600
Des Moines N.East
2812
1900
Des Moines Independent
TwoStory
Refrigerator, Stove
ForcedAir, Gas
Public
PublicSewer
CentralAir,WindowUnits
No
Gillum Group Real Estate LLC, Jeffrey Horner (515.619.8592)