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1206 39th Street

Des Moines, IA 50311
  • $210,000
  • STATUS: Pending
  • ON SITE: 142 Days
  • MLS #: 722298
Pending
UPDATED: 42 min ago
$210,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,964
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

School District:

Description

$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years. This property is in a high-demand rental area, with proximity to local amenities, schools, and public transportation. Whether you're looking to add to your existing investment cash flowing portfolio or step into the Des Moines rental market for the first time, this location offers excellent cash flow potential with minimal maintenance concerns due to recent updates. (Neighboring property 3903 University is also for sale, would consider a discount if sold together)

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© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2025-12-14T17:22:23.207.
www.exitrealtycc.com/homes/166232707
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1206 39th Street Des Moines, IA 50311

  • Price: $210,000
  • Status: Pending
  • On Site: 142 Days
  • Updated: 42 min ago
  • MLS #: 722298
4
Beds
3
Baths
0
½ Baths
0.08
Acres
1,964
SQFT
$0
$/SQFT
1918
Built
Neighborhood:
Des Moines N.West
County:
Polk
Area:
Des Moines N.West
School District:
Des Moines Independent
Property Description
$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years. This property is in a high-demand rental area, with proximity to local amenities, schools, and public transportation. Whether you're looking to add to your existing investment cash flowing portfolio or step into the Des Moines rental market for the first time, this location offers excellent cash flow potential with minimal maintenance concerns due to recent updates. (Neighboring property 3903 University is also for sale, would consider a discount if sold together)
Exterior Features

Architectural Style One and One Half Story Construction Materials Asbestos Foundation Details Brick / Mortar Levels One and One Half Road Surface Type Asphalt Roof Asphalt Shingle

Interior Features

Appliances Built- In Oven Refrigerator Basement Unfinished Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Heating Baseboard Electric Heating YN Yes

Property Features

Home Warranty YN No Lease Considered YN No Listing Terms Cash Conventional Owner Pays Water Sewer Public Sewer Tax Annual Amount 3303 Tax Year 2025 Tenant Pays Electricity Utilities Electricity Available Water Available Water Source Public Zoning NX1

Listing provided courtesy of Keller Williams Realty GDM: (515) 334-4900. © 2025 Des Moines Multiple Listing Service.
© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2025-12-14T17:22:23.207.
 
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