2 Beds
4 Baths
1,951 sqft
$190,000
1438 33rd Street, Des Moines IA, 50311
Price per sqft$97.39
Built in1910
Property size1,951 sqft
Property typeMulti-family
Overview
Active
Listed Sep 30, 2026
Updated 10 days ago
Investor opportunity near Drake University! This 4-unit property offers two 1-bedroom apartments and two efficiency units, all currently vacant and ready for a new owner to lease, improve, and manage their way. The property is functional and rentable as-is, with opportunity to increase value through updates and stronger rent performance over time. Tenants pay their own utilities with the owner responsible for water only. No garage. Convenient location near Drake, downtown Des Moines, shopping, dinning, transit, and major commuting routes. Weather you are looking to add doors to your portfolio or take on a value-add multifamily project, this property offers a compelling entry point at $190,000.
$1,264/mo
Est. mortgage payment based on a $190,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 748077
Interior Features
- Bedrooms
- 2
- Bathrooms
- 4
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.16 Acres
Other Property Details
- Taxes
- $2,827
- Tax Frequency
- Annually
Courtesy of LPT Realty, LLC, Sarah Kavalier,
Listing Contact: (515) 202-6801
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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