$229,900

1134 39th Street, Des Moines, IA 50311

  • 3 beds |
  • 2 baths |
  • 2,187 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,621sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $105/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors or someone looking for a place to live while supplementing their income. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra storage space for tenant convenience, plus a shared washer and dryer. The upper-level is a 1 bed, 1 bath unit with a large living room area. Upper unit is also occupied, but tenant is moving out the end of January and unit will remain vacant. The upper unit was recently updated with new paint, stove, and flooring. City of Des Moines rental certificate is good through August 23, 2027. Both units are equipped with newer separate water heaters and furnaces. Located close to amenities and transportation, this property offers incredible potential for passive income or multi-generational living. Don't miss your chance to own this fantastic investment property in a prime Des Moines location.

Listing Status:
Active
Date Added:
January 14, 2026
Data Last Updated:
March 12, 2026 at 3:19AM
Listing Office:
PMI Realty Central Iowa : (515) 303-1027
Listing Agent:
Tim Hegwood : (515) 314-3997
MLS ID:
732873
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas
  • Style: One and One Half Story
  • Roofing: AsphaltShingle
  • General: Wood SidingOne and One HalfBrick/Mortar
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: N5LOT 9 KENWOOD09003446000000
  • Utilities: Electricity AvailableNatural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Tim Hegwood , PMI Realty Central Iowa

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hubbell Elementary School

800 42nd St, Des Moines, IA, 50312

Grades KG-5

0.58 miles away

C

Callanan Middle School

3010 Center St, Des Moines, IA, 50312

Grades 6-8

0.85 miles away

R

Roosevelt High School

4419 Center St, Des Moines, IA, 50312

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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