121 E Watrous Avenue Des Moines, IA $ 275,000
121 E Watrous Avenue
$ 275,000
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121 E Watrous Avenue

Des Moines, IA, 50315
$ 275,000
Bedrooms4 Baths2.0 Sq 1,408

Monthly Estimate*

$ 1,736

121 E Watrous Avenue, Des Moines, IA 50315 - Image 1
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Multi-Family Home for sale in Des Moines, IA

for $275,000 with 4 bedrooms and 2 full baths. This 1,408 square foot home was built in 1977 on a lot size of 0.223.

Attention investors and owner occupants. This updated duplex is a fantastic opportunity to build wealth through real estate while generating rental income. Whether you're looking to add to your investment portfolio or live in one unit and rent the other, this property offers flexibility and long term potential. Both units feature durable luxury vinyl plank flooring throughout with no carpet, creating a clean, modern look that is easy to maintain and appealing to tenants. The functional layouts provide comfortable living spaces that are move in ready, helping you attract renters quickly. One of the standout features is the walk out basement, offering the potential to finish additional living space, create extra storage, or explore future income producing possibilities. The private backyard provides outdoor space that tenants will appreciate and adds to the property's overall appeal. Conveniently located near downtown Des Moines, schools, restaurants, shopping, parks, and major highways, this duplex offers easy access to everything tenants are looking for. With updated finishes, low maintenance flooring, and room to add value, this is an investment opportunity you won't want to miss.

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Multi-Family Active

Price

$ 275,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,958

Style

Lot Size

0.223

Year Built

1977

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

746261

List By
Shonna Murrey

Listing Agent

Epique Realty

Broker

shonna@tmgmove.com

Email

Affordability Calculator

$2,066
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,736
Monthly Property Taxes
$330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/29/2026$275,000 Listed Price

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121 E Watrous Avenue, Des Moines, IA, 50315 is a Multi-Family Home for sale at $275,000 with 1,408 sqft and a lot size of 0.223. 121 E Watrous Avenue has 4 bedrooms, 2.0 baths, and was built in 1977. The property's zip code is 50315 which is in Des Moines, IA