# 1429 Martin Luther King Jr Parkway, Des Moines, IA 50314

> **TL;DR:** 5bd/2ba residential multi family, $159,900 ($63/sqft), built 1905, 2,544 sqft.
> A/C. Est. $693/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $159,900 |
| Price/sqft | $63 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 2,544 |
| Year Built | 1905 |
| Lot Size | 6,403 sqft (0.15 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $693 |
| **Total** | **$693** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1905
- 0.15 acre lot
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 1429 Martin Luther King Jr Parkway, Des Moines, IA 50314
- **County:** Polk
- **Coordinates:** 41.60519, -93.6435
- **Google Maps:** https://www.google.com/maps?q=41.60519,-93.6435

## Listing Agent

- **Name:** Seth Walker
- **Brokerage:** RE/MAX Concepts
- **Phone:** 5155773728
- **Email:** seth@515homes.net

## Primary Photo

![1429 Martin Luther King Jr Parkway - Primary Photo](http://lh.rdcpix.com/208787ae9768796c7ae530eecd604961l-f2464710119r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/1429-martin-luther-king-jr-parkway-des-moines-ia-50314-a738465)*

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**MLS#:** 738465 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1429-martin-luther-king-jr-parkway-des-moines-ia-50314-a738465)

---

## Structured Data

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  "name": "1429 Martin Luther King Jr Parkway, Des Moines, IA 50314",
  "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.",
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  "datePosted": "2026-04-25",
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  "numberOfRooms": 5,
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```