Des Moines, IA 50311 1206 39th Street

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Presented By: Keller Williams Realty GDM
  • Des Moines Area AOR (DMAAR) - 188 - IA
  • MLS# 722298
  • 07/24/2025
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  • Beds • 4
  • Baths • 3
  • SQFT • 1,964

Home Details

$2636 per month Gross rent. Currently 2 long term leases and 1 furnished short term rental. This is a prime rental property in a sought-after Des Moines neighborhood just west of the Drake University Campus. The property comes with a renewed rental license. A new roof was installed in 2021, providing peace of mind for years to come. Unit 1 and Unit 2 have had updates in the past 2 years. This property is in a high-demand rental area, with proximity to local amenities, schools, and public transportation. Whether you're looking to add to your existing investment cash flowing portfolio or step into the Des Moines rental market for the first time, this location offers excellent cash flow potential with minimal maintenance concerns due to recent updates. (Neighboring property 3903 University is also for sale, would consider a discount if sold together)
Presented By: Keller Williams Realty GDM

Interior Features for 1206 39th Street

Bedrooms

Total Bedrooms4

Bathrooms

3/4 Baths0
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NYes
BasementUnfinished
Basement (Y/N)Yes
Fireplace Y/NNo
Heating Y/NYes

General for 1206 39th Street

Additional Parcels Y/NNo
AppliancesBuiltInOven, Refrigerator
Architectural StyleOneAndOneHalfStory
Attached Garage No
Carport Y/NNo
CityDes Moines
Construction MaterialsAsbestos
CoolingWindowUnits
CountyPolk
DirectionsHead west on East 3rd Street, then turn left onto Martin Luther King Jr. Parkway (US-69) heading north. Continue on MLK Jr. Parkway for about two miles and then turn left onto 39th Street. Follow 39th
Elementary School DistrictDes Moines Independent
Full Baths3
Garage Y/NNo
HOANo
HeatingBaseboard, Electric
High School DistrictDes Moines Independent
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionN 43 FT S 143 FT E 86 1/4 FT LOT 61 CHETWYND
LevelsOneAndOneHalf
Listing TermsCash, Conventional
Lot Size Square Feet3709.0
Lot Size UnitsAcres
MLS AreaDes Moines N.West
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
OwnerPaysWater
PostalCityDes Moines
Property Attached Y/NNo
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount3303.0
Tax Year2025
Tenant PaysElectricity
UtilitiesElectricityAvailable, WaterAvailable
Year Built1918
ZoningNX1

Exterior for 1206 39th Street

Building Area Total1964.0
Crops Included Y/NNo
Foundation DetailsBrickMortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.085
Lot Size Area0.085
Private PoolNo
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Rachel Tiskevics

Realtor®
Price $225,000
MLS#722298
List Date 07/24/2025
Property Type Multi-Family
Phone 641.230.0537
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