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1429 Martin Luther King Jr Parkway Des Moines, IA $ 159,900
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1429 Martin Luther King Jr Parkway
$ 159,900
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1429 Martin Luther King Jr Parkway

Des Moines, IA, 50314
$ 159,900
Bedrooms5 Baths2.0 Sq 2,544

Monthly Estimate*

$ 985

1429 Martin Luther King Jr Parkway, Des Moines, IA 50314 - Image 1
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Multi-Family Home for sale in Des Moines, IA

for $159,900 with 5 bedrooms and 2 full baths. This 2,544 square foot home was built in 1905 on a lot size of 0.147.

This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.

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Multi-Family Active

Price

$ 159,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,468

Style

Lot Size

0.147

Year Built

1905

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

738465
List By
Seth Walker

Listing Agent

Re/Max Concepts

Broker

seth@515homes.net

Email

Affordability Calculator

$1,190
Per Month
83%
17%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$206
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2026$159,900 Listed Price

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1429 Martin Luther King Jr Parkway, Des Moines, IA, 50314 is a Multi-Family Home for sale at $159,900 with 2,544 sqft and a lot size of 0.147. 1429 Martin Luther King Jr Parkway has 5 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 50314 which is in Des Moines, IA

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