Seller's Agent in 2025
Amy Dempsey
Iowa Realty Mills Crossing
(323) 204-1936
1 in this area
93 Total Sales
505 & 507 Watrous Ave Des Moines, IA 50315
Watrous Heights Neighborhood
--
Bed
2
Baths
1,944
Sq Ft
186
Acres
Highlights
- 2 Kitchens
- No HOA
- Laundry Room
- 186 Acre Lot
- Shades
- Storage
About This Home
As of September 2025Beautifully maintained south side duplex. This owner demonstrates their love of investment properties and pride of ownership in how well cared for these units are. New gutters and gutter guards and new vinyl siding are just a few of the recent updates made to keep this property in tip-top shape. Each unit is currently on its own parcel, but they must be sold together. Both have 2 very large bedrooms and 1 spacious bathroom upstairs, and an eat-in kitchen, living room, 1/2 bathroom and laundry space on the main level. Outside you'll find that both units have an oversized detached 1 car garage and their own large, separately fenced backyard. This property is perfect for dipping your toes into investment properties with a house-hack or for the seasoned investor who wants to add a long-term rental to their portfolio. Conveniently located close to parks, schools, restaurants, Wakonda Club and Des Moines Airport access. Only 6 minutes to Downtown. Don't miss your chance!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,281
Year Built
- Built in 1978
Home Design
- Brick Exterior Construction
- Block Foundation
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 1,944 Sq Ft Home
- 2-Story Property
- Shades
- Storage
- Fire and Smoke Detector
Kitchen
- 2 Kitchens
- Stove
- Dishwasher
Flooring
- Carpet
- Vinyl
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Additional Features
- 186 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 01000414005001, 01000414003000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Sold | $265,000 | -7.0% | $136 / Sq Ft |
| 08/28/2025 08/28/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | For Sale | $284,900 | -- | $147 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Amy Dempsey
-
Adam Janssen
Buyer's Agent in 2025
Adam Janssen
Developers Realty Group LLC
(515) 778-7078
1 in this area
46 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 724210
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