1315 E 12th Street Des Moines, IA $ 215,000
1315 E 12th Street
$ 215,000
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1315 E 12th Street

Des Moines, IA, 50316
$ 215,000
Baths3.0 Sq 1,621

Monthly Estimate*

$ 1,341

1315 E 12th Street, Des Moines, IA 50316 - Image 1
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Studio

Multi-Family Home for sale in Des Moines, IA

for $215,000 with 3 full baths. This 1,621 square foot home was built in 1900 on a lot size of 0.174.

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.

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Multi-Family Pending

Price

$ 215,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,812

Style

Lot Size

0.174

Year Built

1900

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

723486

List By
Jeff Horner

Listing Agent

Gillum Group Real Estate Llc

Broker

JeffHorner@Gillum-Group.com

Email

Affordability Calculator

$1,576
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,341
Monthly Property Taxes
$234
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4324878 Elementary School
4324877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$215,000 Listed Price

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1315 E 12th Street, Des Moines, IA, 50316 is a Multi-Family Home for sale at $215,000 with 1,621 sqft and a lot size of 0.174. 1315 E 12th Street is a studio with 3.0 baths and was built in 1900. The property's zip code is 50316 which is in Des Moines, IA