NOT LISTED FOR SALE

10/12 16/18 E Porter St Des Moines, IA 50315

South Central DSM Neighborhood
-- Bed
2 Baths
-- Sq Ft
0.48 Acres

Last Sold March 23, 2021

Last sale price $335,000

21 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Laundry Room
  • 0.48 Acre Lot
  • No HOA
  • Storage

About This Home

As of March 2021

Attention Investors. Great set of income producing ranch built for purpose duplexes on the Greater Southside of Des Moines. Fully occupied and recently renewed City of Des Moines rental certificate, or will be renewed by closing. Each unit is 2 bed 1 bath and 900 square feet. All utilities are paid by the tenants. Total rent is $3050/mo, $200-300 under market rent. Two of the units have had some flooring and paint updates. These buildings don't have any basement, but do have extra storage throughout the units and an external storage closet with access from outside of the building. The roof has not been replaced in the last 9 years, 1 of 4 of the furnaces has been replaced in the last 5 years. AC units were updated in 2012. Fenced in back yard.

Last Agent to Sell the Property

Darson Grantham

Keller Williams Realty GDM Listed on: 02/04/2021

Keller Williams Realty GDM

Last Buyer's Agent

Fernando Aveiga

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,498

Year Built

  • Built in 1980

Lot Details

  • 0.48

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 2 Full Bathrooms
  • Storage
  • Laundry Room
  • 2 Kitchens

Additional Features

  • 0.48 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gross Income $3,050

Listing and Financial Details

  • Assessor Parcel Number 12001725010000 12001725009000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,498

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Slab
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes

Exterior Features

  • Exterior: Brick, Metal Siding
  • Foundation: Concrete Block

Garage/Parking

  • Off Street Parking: 6

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.4780
  • Lot S F: 20838
  • Assessor Parcel Number: 12001725010000 12001725009000
  • Zoning: N3B

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Tenant

Tax Info

  • Gross Taxes: 6498.00
  • Net Taxes: 6498.00
  • Tax Year: 2020

MLS Schools

  • School District: Des Moines Independent

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $335,000 +1.5% --
02/25/2021 02/25/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $330,000 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Darson Grantham

    Seller's Agent in 2021

    Darson Grantham

    Keller Williams Realty GDM

    (641) 745-0156

    7 in this area

    217 Total Sales

    Darson Grantham
    Section Image
  • Fernando Aveiga

    Buyer's Agent in 2021

    Fernando Aveiga

    EXP Realty, LLC

    (515) 782-5174

    6 in this area

    129 Total Sales

    Fernando Aveiga
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 621829

Des Moines Area Association of REALTORS®
Iowa Polk County Des Moines 50315 South Central DSM

10/12 16/18 E Porter St, Des Moines, IA

Not Listed for Sale

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