2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
2931 Kingman Boulevard, Des Moines, IA 50311
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$ 385,000
Est. payment | /mo

6 Beds

5 Baths

3,367 SqFt


Save
$ 385,000
Est. payment | /mo
Save

6 Beds

5 Baths

3,367 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,367 sqft

Price per Sqft $114

MLS Listing ID 740269

Style Three Story

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1909

Annual Tax Amount $5,120

Property Description

Rare investment opportunity in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood flooring being refinished. Current rental rates are: Unit 1 (occupied) $1050. Unit 2 (occupied) $795. Unit 3 (Vacant) Published rate $695. Unit 4 (occupied) $820. Unit 5 (occupied) $595. This is a perfect combination of a well maintained and highly marketable rental property that still has room for future revenue enhancing improvements.

Location

State IA

County Polk

Area Des Moines West

Zoning R1-60

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Entry Level Three Or More

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Des Moines Independent

Others

Tax ID 09003767000000

Monthly Total Fees $426

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Realty ONE Group Impact
Schools and Properties Nearby
Vicki Beveridge

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2931 Kingman Boulevard