1642 E Grand Avenue, Des Moines, IA 50316

$199,000
4
BD
3
BA
1,768
SqFt
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Sold Price
$199,000
List Price
$189,900
Status
CLOSED
MLS#
722579
Year Built
1882
Closing Date
Oct 31, 2025
Bedrooms
4
Bathrooms
3
Living Area
1,768
Lot Size
5,250
Region
Des Moines East
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+1 515-371-5002

Property Description

Great investor opportunity with this tri-plex in east Des Moines! This property is fully occupied with Units 1 and 2 bringing $850 per month and Unit 3 bringing $750 per month. Monthly costs are between $1600-$1800. Cash Flow is great if you're looking for a side hustle! Rental certificate in place. Open to creative financing.

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Additional Information

Street Name
E Grand Avenue
Agent Id
505287
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Foundation
Brick/Mortar
Roof
Asphalt, Shingle
Zip
50316
Region
Des Moines East
Style
Two Story
City
Des Moines
Acres
0.12
School District
Des Moines Independent
Zoning
RX1
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Agency Iowa. Selling Office: Agency Iowa.

Data courtesy of the Des Moines Area Association of REALTORS