Address
707 & 715 E Mckinley Avenue, Des Moines, IA
Price
$ 590,000
Property Attributes
- MLS#742767
- TypeSingle Family
- Listing Status Active
- CountyPolk
- CityDes Moines
- AreaDes Moines S.East
- Zip50315
- Style
- Year Built1984
- Taxes$ 10333
- Price$ 590,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3499
- Lot Size0.669 Acres
Data Source:
Des Moines Area AOR (DMAAR)
Property Description
If you're looking for a duplex portfolio, this is your chance! 707 & 715 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage. The combined gross monthly income for both duplexes is $4,893. Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 715 New furnace & Ac (2023) & 717 water heater replaced (2024). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 801, 807 and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.
| Price History | |
|---|---|
| 6/11/2026 | Listed $590,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 50315
Price
Taxes
Year Built
DMAAR: Des Moines Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Central Iowa Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
