1240 32nd Street

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Address: 1240 32nd St, Des Moines, IA 50311, USA
Chicago & Midwest + 2-4 Units
Created date: October 7, 2026
Date last updated: October 8, 2026
Price: $349,900Investment Analyzer NEW!

Property Description

Income-producing fourplex located next to Drake University! 1240 32nd Street features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering a versatile mix of rental options. Updated sewer and water lines provide added value and peace of mind. With an opportunity for immediate cash flow and a convenient location near campus, this property is a great opportunity to expand your rental portfolio or get started in investment real estate. All information obtained from seller and public record.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $349,900
No. of Units: 4
Year Built: 1915
Lot Size: 2,492.00 Sq ft
Opportunity Zone: No
Price per unit: $87,475
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 1240 32nd Street, Des Moines, IA 50311, USA
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