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425 NE Broadway Avenue

Des Moines, IA 50313
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Bed 2

Bed

Bath 1

Bath

SqFt1,038

Sqft

Acres0.42

Acre(Lot)

Discover a rare mixed-use investment opportunity on a spacious lot. This home is ideal for both traditional buyers and investors seeking rental income or space for a side business. With mixed-use zoning, you can build a shop or small commercial space behind the house making it perfect for a workshop, storage, office, or boutique-style venture. Much of the remodeling is already done, making it rental-ready with lower upfront maintenance costs. Low county taxes add even more value. This property offers the best of both worlds: a turn-key home for tenants plus the flexibility to expand or create additional income on the rear lot. A solid, versatile option for anyone looking to grow their portfolio or launch a new project. Property being sold As-Is.

Detail Ic Property Details

Property Type : Residential

Price : $120,500

AD Id : 85783083

MLS Id : 732499

Beds : 2

Lot Size : 0.42 Acre

Living Area Size : 1,038

Year Built : 1939

County : Polk

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Basement: Crawl Space
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle
  • Heating & Cooling

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

  • Building Information

    Year Built: 1939 Building Area Total: 1038 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.423 Acres Lot Size Acres: 0.423 Lot Size Square Feet: 18424

  • Listing Price Information

    Listing Price: $120500 Original Price: $139000 Cash, Conventional

  • Tax Information

    Parcel Number: 27001206000000 Tax Year: 2025 Annual Tax: $1764.57 Tax Legal Desc: LOT 68 FREEHOLD

  • Location Information

    Direction: 2nd Ave to Broadway. East to home. Home on the south side of the street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
964 NE 64th Avenue, Des Moines, IA, 50313 $392,500 4 3 1,410 1,410 SqFt
1250 NE 52nd Avenue, Des Moines, IA, 50313 $217,990 3 1 1,230 1,230 SqFt
1020 NE 60th Avenue, Des Moines, IA, 50313 $415,000 3 2 1,983 1,983 SqFt
2337 Amherst Street, Des Moines, IA, 50313 $139,000 2 1 1,080 1,080 SqFt
3120 Amherst Street, Des Moines, IA, 50313 $244,900 4 2 850 850 SqFt
3805 Bowdoin Street, Des Moines, IA, 50313 $230,000 5 2 2,015 2,015 SqFt
3901 Bowdoin Street, Des Moines, IA, 50313 $219,900 2 2 1,100 1,100 SqFt
3832 Bowdoin Street, Des Moines, IA, 50313 $169,000 2 1 792 792 SqFt
3206 Bowdoin Street, Des Moines, IA, 50313 $149,900 2 1 750 750 SqFt
3208 Bowdoin Street, Des Moines, IA, 50313 $185,000 2 1 892 892 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 06/25/2026 @ 11:30

MLS: 732499 LISTED BY: Thomas Butler, LPT Realty, LLC 515-669-4010 SOURCE: Des Moines Area Association of REALTORS

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