2938 E Euclid Avenue, Des Moines, IA 50317

$159,900
6
BD
2
BA
1,275
SqFt

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List Price
$159,900
Status
PENDING
MLS#
743525
Year Built
1948
Price Change
▼ $10,000 1783968637
Bedrooms
6
Bathrooms
2
Living Area
1,275
Lot Size
16,500
Region
Des Moines N.East

Property Description

Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add. The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors. Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.

Additional Information

Street Name
E Euclid Avenue
Agent Id
507690
Water
Public
Sewer
Public Sewer
Basement
Partial
Foundation
Block
Roof
Asphalt, Shingle
Zip
50317
Region
Des Moines N.East
Style
Duplex
City
Des Moines
Acres
0.38
School District
Des Moines Independent

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Calculator source: Real Geeks

Listing courtesy of GoSynergy Realty.

Data courtesy of the Des Moines Area Association of REALTORS