1315 E 12th Street, Des Moines, IA 50316

$206,000
3
BA
1,621
SqFt

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Sold Price
$206,000
List Price
$215,000
Status
CLOSED
MLS#
723486
Year Built
1900
Closing Date
Nov 24, 2025
Bathrooms
3
Living Area
1,621
Lot Size
7,600
Region
Des Moines N.East

Property Description

This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.

Additional Information

Street Name
E 12th Street
Agent Id
34814
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Roof
Asphalt, Shingle
Zip
50316
Region
Des Moines N.East
Style
Two Story
City
Des Moines
Acres
0.17
School District
Des Moines Independent
Zoning
R1-60

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Gillum Group Real Estate LLC. Selling Office: Gillum Group Real Estate LLC.

Data courtesy of the Des Moines Area Association of REALTORS