5 Beds
2 Baths
2,544 sqft
$142,500
1429 Martin Luther King Jr Parkway, Des Moines IA, 50314
Price per sqft$56.01
Built in1905
Property size2,544 sqft
Property typeMulti-family
Overview
Active
Listed Aug 3, 2026
Updated 3 weeks ago
This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.
$948/mo
Est. mortgage payment based on a $142,500 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 738465
Interior Features
- Bedrooms
- 5
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.15 Acres
Other Property Details
- Taxes
- $2,468
- Tax Frequency
- Annually
Courtesy of RE/MAX Concepts, Seth Walker,
Listing Contact: (515) 577-3728
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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