$590,000

707 & 715 E Mckinley Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated payment $4,076/month

Total Views 19,548
Studio
4 Baths
3,499 Sq Ft
$169 Price per Sq Ft

Highlights

  • 4 Kitchens
  • No HOA
  • Carpet
  • 0.67 Acre Lot
  • Forced Air Heating and Cooling System

About This Home

If you're looking for a duplex portfolio, this is your chance! 707 & 715 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage. The combined gross monthly income for both duplexes is $4,893.
Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 715 New furnace & Ac (2023) & 717 water heater replaced (2024). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 801, 807 and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.

Listing Agent

Dustin Kupka

RE/MAX Precision Listed on: 06/10/2026

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,333

Year Built

  • Built in 1984

Home Design

  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,499 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • 4 Kitchens
  • Stove
  • Dishwasher

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 29,120 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 120/00138-105-000 & 120/00138-104-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $4,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,333

Year Built

Built in 1984

Lot Details

0.67 Acres

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 168.62
  • Termite: Follow Showing Instructions
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 4
  • Disposals: 4
  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: Carpeting, Smoke Detector
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Second Floor Full Bathrooms: 4
  • Basement Description: Finished, Walkout
  • Kitchens: 4
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 3499
  • Total Sq Ft: 3499

Exterior Features

  • Exterior: Cement Board-Hard Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 4

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.6690
  • Lot S F: 29120
  • Lot Shape: Regular
  • Assessor Parcel Number: 120/00138-105-000 & 120/00138-104-000
  • Zoning: N3AF

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 10333.01
  • Net Taxes: 10333.01

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2026 06/10/26 For Sale $590,000 -- $169 / Sq Ft
Source: Des Moines Area Association of REALTORS®

About the Listing Agent

Dustin Kupka
Dustin Kupka

RE/MAX Precision

(515) 517-6293

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Born and raised in small-town Iowa, Dustin Kupka brings hard work, honesty, and a people-first approach to real estate. After 17+ years in hospitality leadership, he turned a passion for real estate into a full-time career and is now co-founder of Kupka Real Estate.

Now a full-time agent and co-founder of Kupka Real Estate, Dustin has been named the #1 agent in Grimes for both 2023 and 2024 by RateMyAgent. He and his team earned the RE/MAX Platinum Club Award in both years and were

View Dustin's Profile

Dustin's Other Listings

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    This well-sized 2-bedroom, 1 bath walkout duplex is ideally located just off E McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low.Conveniently

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    This well-sized 3-bedroom, 1-bath walkout duplex is ideally located just off McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low.Conveniently located

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Source: Des Moines Area Association of REALTORS®

MLS Number: 742767

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

707 & 715 E Mckinley Ave, Des Moines, IA

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.

Des Moines Area Association of REALTORS® 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.

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Dustin Kupka
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(515) 517-6293
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