$150,000
1429 Martin Luther King Jr Parkway, Des Moines, IA 50314
- 5 beds |
- 2 baths |
- 2,544 sqft
Multi-Family Home 
Built in 1905 
6,403sqft lot
—— car garage 
$59/sqft 
Listed 3 months ago
Property Description
This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.
- Listing Status:
- Active
- Date Added:
- April 15, 2026
- Data Last Updated:
- July 26, 2026 at 7:19AM
- Listing Office:
- RE/MAX Concepts : (515) 276-2872
- Listing Agent:
- Seth Walker : (515) 577-3728
- MLS ID:
- 738465
- Style: Two Story
- Roofing: AsphaltShingle
- General: Vinyl Siding2Brick/MortarStone
- Road/Access: Concrete
- Originating MLS: DMAAR_DM
- School District: Des Moines Independent
- County: Polk
- Zoning: NX1LOT 5 BLK 1 MARQUARDTS 2ND ADDITION TO NORTH DES MOINES08004325000000
- Water: Public
- Sewer: Public Sewer
- Source: DMAAR_DM
This listing courtesy of Seth Walker , RE/MAX Concepts
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
