4025 54th Street new

Des Moines,IA 50310

$ 260000

5 Beds

2 Baths

1358 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,358 sqft

Price per Sqft $191

MLS Listing ID 716369

Style Ranch

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1958

Annual Tax Amount $5,135

Lot Size 8,407 Sqft

Acres 0.193

Property Description

4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, both with access to a shared laundry setup. A new roof was installed in 2020, and in 2021 the furnace blower was replaced and the ductwork was updated. Even better, the property holds a valid rental certificate through 2027, giving you a worry-free runway for cash flow. Set in a quiet residential pocket of Des Moines, the location offers stable tenant demand and long-term rental potential. Whether you're looking to live in one unit and rent the other or simply lock in a smart buy-and-hold opportunity, this duplex is a clean, straightforward investment play with upside and flexibility.

Location

State IA

County Polk

Area Des Moines N.West

Zoning N3A

Rooms

Basement Finished,Walk-Out Access

Interior

Heating Forced Air,Gas,Natural Gas

Cooling Central Air

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator,Stove

Exterior

Parking Features Attached,Garage,One Car Garage

Garage Spaces 1.0

Garage Description 1.0

Utilities Available Electricity Available,Natural Gas Available,Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Tax ID 10000530000000

Monthly Total Fees $427

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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