25
See all 25 photos
$255,000
Est. payment /mo
6 Beds
2 Baths
2,422 SqFt
Active
124 E Olinda Avenue Des Moines, IA 50315
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,422 sqft
Price per Sqft $105
MLS Listing ID 718590
Style Two Story
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1913
Annual Tax Amount $2,498
Tax Year 2025
Lot Size 7,187 Sqft
Acres 0.165
Property Description
Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering ideal separation and privacy. Both have spacious living areas, and functional layouts. Conveniently located within walking distance to Principal Park, the Downtown Farmers Market, restaurants, shopping, and more. Easy access to major roads and public transportation. Whether you're looking to live in one unit and rent the other or add to your investment portfolio, this property offers flexibility and location appeal. Don't miss this excellent opportunity to own a duplex in the heart of Des Moines!
Location
State IA
County Polk
Area Des Moines S.East
Zoning N5
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Rectangular Lot
Entry Level Two
Foundation Brick/Mortar, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Des Moines Independent
Others
Tax ID 01001364001000
Monthly Total Fees $208
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by BH&G Real Estate Innovations