704 12th St West Des Moines, IA 50265
Estimated payment $7,022/month
About This Home
The KataLYST Team as part of KW Commercial is pleased to bring to market this 11-plex located in Valley Junction, West Des Moines, IA. This property was recently purchased as part of a larger portfolio and prior to the sale had only one owner over the last 30+ years who took immaculate care of the property and truly showed pride of ownership!
With great unit mixes and low rents that are estimated to be 30%+ below market, this property offers significant value-add through repositioning!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,899
Year Built
- Built in 1965
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 120x137.5
Home Design
- 6,640 Sq Ft Home
- Block Foundation
- Asphalt Shingled Roof
Additional Features
- Window Unit Cooling System
Listing and Financial Details
- Assessor Parcel Number 32003891000000
Community Details
Overview
- No Home Owners Association
Building Details
- Operating Expense $5,747
- Gross Income $7,950
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2024 10/19/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $1,100,000 | -- | $166 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
MLS Number: 705115
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.