Duplex 5BR 3BA - 401 Franklin Avenue, Des Moines, IA

Des Moines, IA Real EstateReal EstateFannie Mae HomePathUpdated 1d ago

Opens the original listing on Fannie Mae HomePath. BidProwl aggregates listings. We don't host auctions.

About this listing

This real-estate listing is being sold by Fannie Mae HomePath in Des Moines, Iowa. The asking price is $200,000. BidProwl's deal score puts it at 7/100, which scores below the median for real estate.

Description from Fannie Mae HomePath

401 Franklin Avenue, Des Moines, IA 50314. 5 bed | 3 bath | 2,381 sq ft | built 1901 | 8,364 sq ft lot. Fantastic opportunity to invest! Property provides the opportunity to serve as a 2 unit rental, an owner occupied rental, or conversion to a grand single family home in an area of Des Moines seeing continued development. Main level (Unit 1) houses 2 bedrooms and 2 baths with dining area in an appealing open concept. Unit 2 has 2 bedrooms and 1 bath on the second floor, with an additional third bedroom/loft on the third floor. Recent updates include central air for both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Current rent rates are $1000 for Unit 1 and $1025 for Unit 2. This could be the one to start or extend your real estate portfolio at an amazing pr...