4025 54th St Des Moines, IA 50310
Merle Hay NeighborhoodEstimated payment $1,881/month
Total Views
133,943
--
Bed
2
Baths
1,358
Sq Ft
$191
Price per Sq Ft
Highlights
- 2 Kitchens
- No HOA
- Storage
- Ranch Style House
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, both with access to a shared laundry setup. A new roof was installed in 2020, and in 2021 the furnace blower was replaced and the ductwork was updated. Even better, the property holds a valid rental certificate through 2027, giving you a worry-free runway for cash flow. Set in a quiet residential pocket of Des Moines, the location offers stable tenant demand and long-term rental potential. Whether you're looking to live in one unit and rent the other or simply lock in a smart buy-and-hold opportunity, this duplex is a clean, straightforward investment play with upside and flexibility.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,135
Year Built
- Built in 1958
Lot Details
- 8,400 Sq Ft Lot
- Lot Dimensions are 60x140
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,358 Sq Ft Home
- Storage
- Laundry Room
- Finished Basement
- Walk-Out Basement
Kitchen
- 2 Kitchens
- Stove
Parking
- 1 Car Attached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10000530000000
Map
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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 |
|---|---|---|---|---|
| 2024 | $4,540 | $241,200 | $45,600 | $195,600 |
| 2023 | $4,608 | $241,200 | $45,600 | $195,600 |
| 2022 | $4,780 | $204,400 | $40,100 | $164,300 |
| 2021 | $4,776 | $204,400 | $40,100 | $164,300 |
| 2020 | $4,962 | $191,400 | $37,400 | $154,000 |
| 2019 | $4,620 | $191,400 | $37,400 | $154,000 |
| 2018 | $4,572 | $171,900 | $32,700 | $139,200 |
| 2017 | $4,146 | $171,900 | $32,700 | $139,200 |
| 2016 | $4,040 | $153,300 | $26,700 | $126,600 |
| 2015 | $4,040 | $153,300 | $26,700 | $126,600 |
| 2014 | $3,624 | $141,500 | $24,400 | $117,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $260,000 | +23.8% | $191 / Sq Ft |
| 11/01/2021 11/01/21 | Sold | $210,000 | 0.0% | $155 / Sq Ft |
| 11/01/2021 11/01/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | For Sale | $210,000 | -- | $155 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | None Available | |
| Warranty Deed | $156,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $178,500 | New Conventional | |
| Previous Owner | $111,300 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $117,750 | Commercial |
Source: Public Records
About the Listing Agent
First... if you are searching for the best community in the metro or the pros and cons of each area, check out my Youtube Channel! https://www.youtube.com/channel/UCMDnslJ-iDbz_1OLYk1Moyw
Darson is a father of three boys and husband to his beautiful wife. He’s had W2 jobs, side businesses, contract work, and now the job that fits all his wants and needs: Realtor. He’s found a need for a real estate agent that can articulate the financial impact of a real estate purchase or sale on an
Darson's Other Listings
Source: Des Moines Area Association of REALTORS®
MLS Number: 716369
APN: 100/00530-000-000
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