6 Beds
4 Baths
2,492 sqft
$349,900
1240 32nd Street, Des Moines IA, 50311
Price per sqft$140.41
Built in1915
Property size2,492 sqft
Property typeMulti-family
Overview
Active
Listed Oct 7, 2026
Updated 7 days ago
Income-producing fourplex located next to Drake University! 1240 32nd Street features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile mix of rental options. Updated sewer and water lines provide added value and peace of mind. With an opportunity for immediate cash flow and a convenient location near campus, this property is a great opportunity to expand your rental portfolio or get started in investment real estate.
All information obtained from seller and public record.
$2,328/mo
Est. mortgage payment based on a $349,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 750675
Interior Features
- Bedrooms
- 6
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.29 Acres
Other Property Details
- Taxes
- $5,655
- Tax Frequency
- Annually
Courtesy of RE/MAX Precision, Jonathan Musser,
Listing Contact: (515) 953-8466
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 Jill Budden shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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