5 Beds
3 Baths
2,381 sqft
$190,000
401 Franklin Avenue, Des Moines IA, 50314
Price per sqft$79.80
Built in1901
Property size2,381 sqft
Property typeMulti-family
Overview
Sold
Closed
Listed Sep 3, 2026
Updated Sep 4
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 price point.
Additional information
- MLS® ID
- 740254
Interior Features
- Bedrooms
- 5
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.19 Acres
Other Property Details
- Taxes
- $3,196
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of Realty ONE Group Impact, Meghan O'Brien,
Listing Contact: (515) 554-5312
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Quartz Team Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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