Price Reduced Listing
$1,499,000 $8,047 est/mo Sourced by Back At You
4221 SE 13th Street , Des Moines, IA 50315
Des Moines, IA 50315
Description
Presenting the Southview Apartment Complex on Des Moines' SE side. This 24-unit property features all 1 bed/1 bath units, perfect for steady rental demand. Nestled on a quiet street, residents enjoy easy access to public transportation and the convenience of two dedicated parking lots, eliminating the hassle of street parking. Consistent rental history and untapped potential for income growth. Current rents are 4% below market value, providing a lucrative opportunity for increased returns. Don?t miss out on this chance to enhance your investment portfolio with a solid and promising asset.
Details
| MLS# | 697989 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 100 |
| Listing Provided By | RE/MAX Concepts | Brett Fine |
Features
| Bed(s) | 24 |
|---|---|
| Bath(s) | 24 Total |
| SQ Feet | 14,256 |
| Units | 24 |
| Zoning | C-2 |
| Acreage | 0.65 |
Market Activity 50315
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Learn More About This Property
| State | IA |
|---|---|
| County | Polk |
| City | Des Moines |
| Zip Code | 50315 |
| Area | Des Moines S.East |
| Listing VS Median (in 50315) | |
Price: $1,499,000 low | high Med: $221,250 SqFt: 14,256 low | high Med: 1,048 $ / SqFt: $105 low | high Med: $213 On Site: 100 low | high Med: 14.500000 | |
Listing Updated: September 30, 2024 at 8:31:46 AM PDT
