4 Beds
2 Baths
3,729 sqft
$199,000
1527 Forest Avenue, Des Moines IA, 50314
Price per sqft$53.37
Built in1924
Property size3,729 sqft
Property typeMulti-family
Overview
Active
Listed May 4, 2026
Updated Jun 12
Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mechanicals and new roof/facia and soffits. Current rental certificate.
$1,324/mo
Est. mortgage payment based on a $199,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 737839
Interior Features
- Bedrooms
- 4
- Bathrooms
- 2
- Basement
- No
Exterior Features
- Lot Size
- 0.1 Acres
Other Property Details
- Taxes
- $3,300
- Tax Frequency
- Annually
Courtesy of 515 Rentals & Sales LLC, Adam Metzker,
Listing Contact: (515) 240-6535
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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