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Listed price in listed location currency (USD).
$385,000

652

MLS® 740269

Overview

Key Facts

Type 
Levels Residential Income
Size 3367 sqft
Garage Yes
Taxes $5,120
Days Active 24
Lot Size 
Approx. Age 1909
Avg. Price Per Sqft $114
MLS® Number 740269

Property Address: 2931 Kingman Blvd, Des Moines, IA, 50311-3936

Average square foot calculated using Size range provided by listing agent.

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 (Occupied) 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.
MLS® Number740269
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1909
BasementUnfinished
DrivewayDetached, Garage, Two Car Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$385,000List Price

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