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About This Home

This 4-bedroom, 2-bathroom residential multi family at 1004 Kingman Circle in Des Moines, IA is listed for $320,000 ($181 per sqft). Built in 1951, the home offers 1,768 sqft of living space on a 0.15 acres lot.

Agent Description

Don't miss this outstanding investment opportunity- a turnkey duplex ready to generate income from day one. Both units offer 2 spacious bedrooms, 1 full bath, and partially finished basements, providing flexibility and added value. Ideal for investors looking for a low-maintenance, income-producing property. Long term tenants with room to increase rents. Can be purchased with 1008/1010 Kingman as well for total of 4 units.

Key Features

  • Built in 1951
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
2 full
1951

Amenities

A/C

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

1004 Kingman Circle

Des Moines, IA 50311

Property Details

Flooring

Carpet

Heating

BaseboardElectric (Heating)Forced AirNatural Gas

Cooling

Window Unit(s)

Appliances

DryerMicrowaveRefrigeratorStoveWasher

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 1004 Kingman Circle is listed at $320,000 ($181/sqft). The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.

Key features include: Built in 1951, 0.15 acre lot, 2 stories.

This property is listed by Timothy Schutte and can be reached at 5156815677 or Timothy@SoldDesMoines.com.

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TS

Timothy Schutte

Agent at EXIT Realty & Associates

(515) 681-5677

Listed by EXIT Realty & Associates · View on Broker Site

MLS# 738442· Source: listhub· Updated 2 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1004 Kingman Circle, Des Moines, IA 50311

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