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1355 24th Street

Des Moines, IA 50311
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Bed 4

Bed

Bath 2

Bath

SqFt2,064

Sqft

Acres0.18

Acre(Lot)

Investor opportunity within walking distance of Drake University. This turn-key duplex features two occupied units on month-to-month leases, offering immediate cash flow with room for growth. Both the upper and lower units include 2 bedrooms, 1 bathroom, and independent layouts. All appliances stay with the property, including a dedicated washer and dryer setup for each unit. The lower unit features a newer refrigerator, while the upper unit has been updated within the last two years with newer appliances and durable LVP flooring. Each tenant responsible for their own electric. The detached garage electricity is tied to the upper unit meter. Gas and water are landlord expenses. A great addition to a portfolio or a perfect house-hack opportunity close to campus. This property also featur es a possible assumable VA loan for qualified buyers. Call your agent to schedule a tour.

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Detail Ic Property Details

Property Type : Residential Income

Price : $260,000

AD Id : 87518964

MLS Id : 744385

Beds : 4

Lot Size : 0.18 Acre

Living Area Size : 2,064

Year Built : 1897

Garage : 1

County : Polk

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Heating & Cooling

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

  • Building Information

    Year Built: 1897 Building Area Total: 2064 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 48X162.5 Main Square Feet: 0.179 Acres Lot Size Acres: 0.179 Lot Size Square Feet: 7776

  • Listing Price Information

    Listing Price: $260000 Cash, Conventional

  • Tax Information

    Parcel Number: 08001569000000 Annual Tax: $3700 Tax Legal Desc: LOT 7 DRAKE UNIVERSITY OP

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    Electricity Available, Natural Gas Available, Water Available
  • Location Information

    Direction: From I-235, take the Martin Luther King Jr. Pkwy exit and head north. Turn left (west) onto Forest Avenue, then turn left (south) onto 24th Street. The property, 1355 24th St, Des Moines, IA 50311, is located on the east side of the street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1440 21st Street, Des Moines, IA, 50311 $190,000 4 2 2,196 2,196 SqFt
1131 22nd Street, Des Moines, IA, 50311 $285,000 4 2 2,010 2,010 SqFt
2210 University Avenue, Des Moines, IA, 50311 $179,900 4 3 1,440 1,440 SqFt
1357 23rd Street, Des Moines, IA, 50311 $115,000 2 1 795 795 SqFt
2303 Carpenter Avenue, Des Moines, IA, 50311 $225,000 1 -- 2,734 2,734 SqFt
1107 24th Street, Des Moines, IA, 50311 $399,000 4 4 2,192 2,192 SqFt
1011 24th Street, Des Moines, IA, 50311 $290,000 4 3 1,452 1,452 SqFt
1121 26th Street, Des Moines, IA, 50311 $429,900 6 3 2,283 2,283 SqFt
1132 26th Street, Des Moines, IA, 50311 $524,900 4 3 1,932 1,932 SqFt
1147 27th Street, Des Moines, IA, 50311 $489,000 5 4 1,792 1,792 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 07/03/2026 @ 13:50

MLS: 744385 LISTED BY: Heather Wright, RE/MAX Concepts 515-276-2872 SOURCE: Des Moines Area Association of REALTORS

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