6 Beds
4 Baths
2,492 sqft
$349,900
1240 32nd Street, Des Moines IA, 50311
Price per sqft$140.41
Built in1915
Property size2,492 sqft
Property typeMulti-family
Overview
Active
Listed Oct 7, 2026
Updated 3 days ago
Income-producing fourplex located next to Drake University! 1240 32nd Street features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile mix of rental options. Updated sewer and water lines provide added value and peace of mind. With an opportunity for immediate cash flow and a convenient location near campus, this property is a great opportunity to expand your rental portfolio or get started in investment real estate.
All information obtained from seller and public record.
$2,328/mo
Est. mortgage payment based on a $349,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 750675
Interior Features
- Bedrooms
- 6
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.29 Acres
Other Property Details
- Taxes
- $5,655
- Tax Frequency
- Annually
Courtesy of RE/MAX Precision, Jonathan Musser,
Listing Contact: (515) 953-8466
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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