1438 33rd Street, Des Moines, IA 50311
1438 33rd Street, Des Moines, IA 50311
1438 33rd Street, Des Moines, IA 50311
1438 33rd Street, Des Moines, IA 50311
1438 33rd Street, Des Moines, IA 50311
1438 33rd Street, Des Moines, IA 50311
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Amanda Welch

Amanda Welch

+1(515) 577-6581
$ 190,000
Est. payment | /mo

2 Beds

4 Baths

1,951 SqFt

Save
$ 190,000
Est. payment | /mo
Save

2 Beds

4 Baths

1,951 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,951 sqft

Price per Sqft $97

MLS Listing ID 748077

Style Two Story

Bedrooms 2

Full Baths 4

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,827

Lot Size 6,795 Sqft

Acres 0.156

Property Description

Investor opportunity near Drake University! This 4-unit property offers two 1-bedroom apartments and town efficiency units, all currently vacant and ready for a new owner to lease, improve, and manage their way. The property is functional and rentable as-is, with opportunity to increase value through updates and stronger rent performance over time. Tenants pay their own utilities with the owner responsible for water only. No garage. Convenient location near Drake, downtown Des Moines, shopping, dinning, transit, and major commuting routes. Weather you are looking to add doors to your portfolio or take on a value-add multifamily project, this property offers a compelling entry point at $190,000.

Location

State IA

County Polk

Area Des Moines N.West

Zoning R1-60

Rooms

Basement Unfinished

Interior

Heating Electric

Furnishings Unfurnished

Fireplace No

Exterior

Utilities Available Water Available

Private Pool No

Building

Entry Level Two

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Des Moines Independent

Others

Tax ID 10009612001000

Monthly Total Fees $235

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by LPT Realty, LLC

Schools and Properties Nearby

Learn More About LPT Realty

+1(515) 577-6581
https://.welchdsm.com
2425 N Ankeny Blvd, Ankeny, IA 50023, USA
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1438 33rd Street