West Des Moines, IA 50265 704 12th Street
$1,100,000
5 more
Presented By: Keller Williams Realty GDM
Home Details
The KataLYST Team as part of KW Commercial is pleased to bring to market this 11-plex located in Valley Junction, West Des Moines, IA. This property was recently purchased as part of a larger portfolio and prior to the sale had only one owner over the last 30+ years who took immaculate care of the property and truly showed pride of ownership!
With great unit mixes and low rents that are estimated to be 30%+ below market, this property offers significant value-add through repositioning!
Presented By: Keller Williams Realty GDM
Interior Features for 704 12th Street
Bedrooms
Total Bedrooms25
Bathrooms
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
BasementPartiallyFinished
Basement (Y/N)No
Below Grade Finished Area1939.0
Fireplace Y/NNo
Heating Y/NNo
General for 704 12th Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityWest Des Moines
CoolingWindowUnits
CountyPolk
DirectionsHead west along Grand Ave. and turn South onto 12th St. Turn left (East) on Prospect Ave. and immediately turn right (South) onto 12th St. Building will be on your right (West).
Electric On Property Y/NNo
Elementary School DistrictWest Des Moines
Full Baths2
Garage Y/NNo
Gross Income7950.0
High School DistrictWest Des Moines
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOTS 33 & 34 PENROD PLACE
Lot Size Square Feet16500.0
Lot Size UnitsAcres
MLS AreaWest Des Moines
Middle/Junior School DistrictWest Des Moines
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Operating Expense5747.0
OwnerPaysGas, Insurance, JanitorialService, Taxes, Water
PostalCityWest Des Moines
Private PoolNo
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount14899.0
Tax Year2024
Tenant PaysElectricity
TermsCash, Conventional
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
Waterfront Y/NNo
Year Built1965
ZoningRH
Exterior for 704 12th Street
Building Area Total6640.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions120X137.5
Lot Size Acres0.379
Lot Size Area0.379
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®