Active

121 E Watrous Avenue

Des Moines, IA 50315
Mark as Favorite
Bed 4

Bed

Bath 2

Bath

SqFt1,408

Sqft

Acres0.22

Acre(Lot)

Attention investors and owner occupants. This updated duplex is a fantastic opportunity to build wealth through real estate while generating rental income. Whether you're looking to add to your investment portfolio or live in one unit and rent the other, this property offers flexibility and long term potential. Both units feature durable luxury vinyl plank flooring throughout with no carpet, creating a clean, modern look that is easy to maintain and appealing to tenants. The functional layouts provide comfortable living spaces that are move in ready, helping you attract renters quickly. One of the standout features is the walk out basement, offering the potential to finish additional living space, create extra storage, or explore future income producing possibilities. The private bac kyard provides outdoor space that tenants will appreciate and adds to the property's overall appeal. Conveniently located near downtown Des Moines, schools, restaurants, shopping, parks, and major highways, this duplex offers easy access to everything tenants are looking for. With updated finishes, low maintenance flooring, and room to add value, this is an investment opportunity you won't want to miss.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $275,000

AD Id : 88568362

MLS Id : 746261

Beds : 4

Lot Size : 0.22 Acre

Living Area Size : 1,408

Year Built : 1977

County : Polk

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Unfinished, Walk-Out Access
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1977 Building Area Total: 1408 Stories: 1 Private Pool: No

  • Lot Information

    Lot Dimensions: 69X140 Main Square Feet: 0.223 Acres Lot Size Acres: 0.223 Lot Size Square Feet: 9730

  • Listing Price Information

    Listing Price: $275000 Cash, Conventional

  • Tax Information

    Parcel Number: 12005236001000 Annual Tax: $3958 Tax Legal Desc: -EX N 5 F- N 1/2 LT 20 & -EX N 5F-N 1/2 W 7.7F LOT 21 SUNNYCREST

  • Location Information

    Direction: from 235 take exit US-69 towards E 14th st. Turn left onto E 14th st Turn right onto E Watrous Ave Destination is on left WaterSource: Public
Sell a home like this and save $16,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1201 E Kirkwood Avenue, Des Moines, IA, 50315 $139,900 2 1 840 840 SqFt
4121 SE 10th Street, Des Moines, IA, 50315 $193,000 3 1 864 864 SqFt
2327 SE 8th Street, Des Moines, IA, 50315 $263,000 3 2 1,115 1,115 SqFt
2413 SE 8th Street, Des Moines, IA, 50315 $140,000 2 2 442 442 SqFt
815 E Mckinley Avenue, Des Moines, IA, 50315 $290,000 4 2 1,856 1,856 SqFt
3300 SE 8th Street, Des Moines, IA, 50315 $306,950 3 3 1,445 1,445 SqFt
817 E Hackley Avenue, Des Moines, IA, 50315 $239,900 3 2 1,000 1,000 SqFt
801 & 807 E Mckinley Av.., Des Moines, IA, 50315 $550,000 8 4 3,499 3,499 SqFt
707 & 715 E Mckinley Av.., Des Moines, IA, 50315 $590,000 8 4 3,499 3,499 SqFt
5205 SE 8th Street, Des Moines, IA, 50315 $235,000 3 2 1,044 1,044 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 08/07/2026 @ 18:23

MLS: 746261 LISTED BY: Shonna Murrey, Epique Realty 319-540-1002 SOURCE: Des Moines Area Association of REALTORS

Homes around $275,000

Selling? Save $16,001 when you sell a home like this

Tour with a ByOwner Agent