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About This Home
This 5-bedroom, 2-bathroom residential multi family at 1429 Martin Luther King Jr Parkway in Des Moines, IA is listed for $159,900 ($63 per sqft). Built in 1905, the home offers 2,544 sqft of living space on a 0.15 acres lot.
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.
Key Features
- Built in 1905
- 0.15 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$855/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1429 Martin Luther King Jr Parkway
Des Moines, IA 50314
Property Details
Construction
Heating
Cooling
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 1429 Martin Luther King Jr Parkway is listed at $159,900 ($63/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.15 acre lot, 2 stories.
This property is listed by Seth Walker and can be reached at 5155773728 or seth@515homes.net.
