5 Beds
3 Baths
2,381 sqft
$190,000
401 Franklin Avenue, Des Moines IA, 50314
Price per sqft$79.80
Built in1901
Property size2,381 sqft
Property typeMulti-family
Overview
Sold
Closed
Listed Sep 3, 2026
Updated Sep 4
Fantastic opportunity to invest! Property provides the opportunity to serve as a 2 unit rental, an owner occupied rental, or conversion to a grand single family home in an area of Des Moines seeing
continued development. Main level (Unit 1) houses 2 bedrooms and 2 baths with dining area in an appealing open concept. Unit 2 has 2 bedrooms and 1 bath on the second floor, with an additional third bedroom/loft on the third floor. Recent updates include central air for both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Current rent rates are $1000 for Unit 1 and $1025 for Unit 2. This could be the one to start or extend your real estate portfolio at an amazing price point.
Additional information
- MLS® ID
- 740254
Interior Features
- Bedrooms
- 5
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.19 Acres
Other Property Details
- Taxes
- $3,196
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of Realty ONE Group Impact, Meghan O'Brien,
Listing Contact: (515) 554-5312
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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