Estimated payment $2,122/month
Highlights
- 2 Kitchens
- No HOA
- Luxury Vinyl Plank Tile Flooring
- Valley High School Rated A
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
Prime investment opportunity! This fully renovated duplex offers a total of 1,622 square feet with each unit featuring 3 bedrooms and 1.5 bathrooms. Both units have been updated throughout and include new appliances, making this a true turnkey property. Each unit's main floor provides two good-sized bedrooms, a full bath, spacious living area, and an eat-in kitchen. The walkout lower level adds a third bedroom, half bath, and additional living space, maximizing rental potential. Tenants will also appreciate the large lot with mature trees, attached garage, and a newer roof and HVAC. Located near the interstate, shopping, and a short drive to downtown, this property sits in a highly desirable area with strong rental demand. Whether you're adding to your portfolio or getting started in real estate investing, this duplex is an excellent opportunity for consistent cash flow and long-term value!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,474
Year Built
- Built in 1970
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 85x187
Home Design
- Duplex
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- 4 Bathrooms
- 1,622 Sq Ft Home
- Finished Basement
- Walk-Out Basement
- Fire and Smoke Detector
Kitchen
- 2 Kitchens
- Stove
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 29100370001003
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $670
- Gross Income $2,990
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,146 | $306,200 | $54,500 | $251,700 |
| 2024 | $4,146 | $271,600 | $47,500 | $224,100 |
| 2023 | $4,360 | $271,600 | $47,500 | $224,100 |
| 2022 | $4,306 | $232,600 | $42,800 | $189,800 |
| 2021 | $4,242 | $232,600 | $42,800 | $189,800 |
| 2020 | $4,180 | $217,700 | $40,000 | $177,700 |
| 2019 | $3,890 | $217,700 | $40,000 | $177,700 |
| 2018 | $3,816 | $195,300 | $35,000 | $160,300 |
| 2017 | $3,716 | $195,300 | $35,000 | $160,300 |
| 2016 | $3,634 | $185,800 | $32,900 | $152,900 |
| 2015 | $3,634 | $185,800 | $32,900 | $152,900 |
| 2014 | $3,434 | $180,000 | $31,500 | $148,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2025 10/06/25 | Pending | -- | -- | -- | |
| 09/29/2025 09/29/25 | For Sale | $329,990 | 0.0% | $203 / Sq Ft | |
| 09/21/2025 09/21/25 | Pending | -- | -- | -- | |
| 09/19/2025 09/19/25 | For Sale | $329,990 | +5.6% | $203 / Sq Ft | |
| 10/31/2023 10/31/23 | Sold | $312,500 | -2.3% | $193 / Sq Ft | View Prior Sale |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- | |
| 09/22/2023 09/22/23 | For Sale | $320,000 | -- | $197 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $312,500 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional |
Source: Des Moines Area Association of REALTORS®
MLS Number: 726588
APN: 291-00370001003
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