349 E Rose Avenue, Des Moines, IA 50315

$227,950
4
BD
2
BA
1,408
SqFt

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Sold Price
$227,950
List Price
$234,000
Status
CLOSED
MLS#
716304
Year Built
1972
Closing Date
Nov 06, 2025
Bedrooms
4
Bathrooms
2
Living Area
1,408
Lot Size
18,881
Region
Des Moines S.East

Property Description

Fantastic Investment Opportunity! This turnkey, income-producing duplex comes with a current rental certificate and immediate cash flow potential. Each unit features 2 bedrooms, 1 bathroom, a spacious kitchen, and a comfortable living room. The walk-out basements offer expansion opportunities—finish them to add additional bedrooms and living space, increasing rental income. The deep backyard also provides space to add a garage for even more rent potential. With a strong rental history, this property is a solid portfolio addition for investors. It’s also ideal for owner-occupants who want to live in one unit while offsetting their mortgage with rental income. Recent updates include new windows in 2023. Each unit rents for $925/month. Unit 347 is currently occupied, Unit 349 is vacant. Close to shopping and the bus line. Don’t miss this chance—schedule your showing today with a Realtor!

Additional Information

Street Name
E Rose Avenue
Agent Id
4986
Water
Public
Sewer
Public Sewer
Basement
Walk-Out Access
Foundation
Poured
Roof
Asphalt, Shingle
Zip
50315
Region
Des Moines S.East
Style
Ranch
City
Des Moines
Acres
0.43
School District
Des Moines Independent
Zoning
N3A

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Zealty Home Advisors. Selling Office: Keller Williams Realty GDM.

Data courtesy of the Des Moines Area Association of REALTORS