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Des Moines, IA 50316 1315 E 12th Street
$215,000
5 more
Presented By: Gillum Group Real Estate LLC
- MLS# 723046
- 07/25/2025
Beds • 3
Baths • 3
SQFT • 1,621
Home Details
This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.
Presented By: Gillum Group Real Estate LLC
Interior Features for 1315 E 12th Street
Bedrooms
Main Level Bedrooms2
Total Bedrooms3
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 1315 E 12th Street
Additional Parcels Y/NNo
AppliancesRefrigerator, Stove
Architectural StyleTwoStory
Attached Garage No
Carport Y/NNo
CityDes Moines
CoolingCentralAir, WindowUnits
CountyPolk
DirectionsUniversity to 12th Street. Head North on 12th Street and Property is on the right hand side of the road or the east side of the street.
Elementary School DistrictDes Moines Independent
Full Baths3
Garage Y/NNo
HOANo
HeatingForcedAir, Gas
High School DistrictDes Moines Independent
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 198 CAPITAL PARK
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7600.0
Lot Size UnitsAcres
MLS AreaDes Moines N.East
Middle/Junior School DistrictDes Moines Independent
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
PostalCityDes Moines
Property Attached Y/NNo
Property Sub Type AdditionalResidential
Property SubtypeResidential
Property TypeResidential
Rent Control Y/NNo
RoofAsphalt, Shingle
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount2812.0
Year Built1900
ZoningR1-60
Exterior for 1315 E 12th Street
Building Area Total1621.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50X152
Lot Size Acres0.174
Lot Size Area0.174
Private PoolNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Rachel Tiskevics
Realtor®