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3 Beds
2 Baths
2,187 sqft

$219,000

1134 39th Street, Des Moines IA, 50311

Price per sqft$100.14
Built in1920
Property size2,187 sqft
Property typeMulti-family

Overview

Active

Listed Jan 14, 2026

Updated 3 weeks ago

Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors or someone looking for a place to live while supplementing their income. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra storage space for tenant convenience, plus a shared washing machine (dryer owned by tenant). The upper-level is a 1 bed, 1 bath unit with a large living room area. Upper unit is also occupied as of April 1, 2026. The upper unit was recently updated with new paint, stove, and flooring. City of Des Moines rental certificate is good through August 23, 2027. Both units are equipped with newer separate water heaters and furnaces. Located close to amenities and transportation, this property offers incredible potential for passive income or multi-generational living. Don't miss your chance to own this fantastic investment property in a prime Des Moines location.

$1,457/mo

Est. mortgage payment based on a $219,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
732873

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$3,992
Tax Frequency
Annually

 

Courtesy of PMI Realty Central Iowa, Tim Hegwood,
Listing Contact: (515) 314-3997 

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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