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$759,000
2542088 MLS ACTIVE Status
Exceptional opportunity for homeowners and investors alike! This versatile 5-bedroom, 4.5-bath property offers strong income potential, flexible living arrangements, and future development possibilities on a generous lot. With separate entrances for both levels, it's ideal for multigenerational living, owner-occupants seeking rental income, or savvy investors. The main level features a gourmet kitchen, spacious living areas, and three generously sized bedrooms with two full bathrooms. The lower level offers multiple income-producing units, each with its own bathroom, while the larger unit includes a full kitchen. Currently partially rented on a month-to-month basis, the property has the potential to generate approximately $6,000 per month in rental income, including about $3,000 from each level. With a projected cap rate approaching 6%, this is a rare investment opportunity in a desirable location. Situated on a large lot surrounded by established single-family homes and attractive new construction, the property offers immediate cash flow and long-term upside. Explore the potential to build your dream home while collecting rental income from the existing residence. Also listed as a duplex, this unique offering provides exceptional flexibility and value. Conveniently located within walking distance to the light rail station, with easy access to shopping, dining, and major employment centers, this is an opportunity you won't want to miss.

24029 24th Avenue S, Des Moines

Listing courtesy of Keller Williams Rlty Bellevue.

$759,000
5 Beds 5 Baths 2542068 MLS ACTIVE Status
Exceptional opportunity for homeowners and investors alike! This versatile 5-bedroom, 4.5-bath property offers strong income potential, flexible living arrangements, and future development possibilities on a generous lot. With separate entrances for both levels, it's ideal for multigenerational living, owner-occupants seeking rental income, or savvy investors. The main level features a gourmet kitchen, spacious living areas, and three generously sized bedrooms with two full bathrooms. The lower level offers multiple income-producing units, each with its own bathroom, while the larger unit includes a full kitchen. Currently partially rented on a month-to-month basis, the property has the potential to generate approximately $6,000 per month in rental income, including about $3,000 from each level. With a projected cap rate approaching 6%, this is a rare investment opportunity in a desirable location. Situated on a large lot surrounded by established single-family homes and attractive new construction, the property offers immediate cash flow and long-term upside. Explore the potential to build your dream home while collecting rental income from the existing residence. Also listed as a duplex, this unique offering provides exceptional flexibility and value. Conveniently located within walking distance to the light rail station, with easy access to shopping, dining, and major employment centers, this is an opportunity you won't want to miss.

24029 24th Avenue S, Des Moines

Listing courtesy of Keller Williams Rlty Bellevue.

$569,950
3 Beds 2 Baths 2526064 MLS ACTIVE Status
Welcome to 24855 16th Ave S, where the best of Des Moines living awaits you! This charming 3-bedroom rambler offers a delightful blend of modern updates and timeless appeal. Experience the spaciousness of the open-concept living area, enhanced by vaulted ceiling that elevates the sense of space and light. The seamless flow into the kitchen makes it perfect for entertaining and everyday living. With restored hardwood floors, fresh paint, a newly remodeled bathroom, and a bonus room, this home is move-in ready, embracing both comfort and style. Outside, enjoy an established garden, a workshop area in the shed for your creative projects, and a covered patio for year-round relaxation. Featuring RV parking and conveniently close to Saltwater State Park, downtown Des Moines, the Marina, major freeways, and the new light rail station, you’ll experience unrivaled access to both natural beauty and urban connectivity. Come and see all this beautiful home has to offer!

24855 16TH Avenue S, Des Moines

Listing courtesy of Coldwell Banker Danforth.

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