1161 21st Street

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Address: 1161 21st St, Des Moines, IA 50311, USA
Chicago & Midwest + Apartment Buildings
Created date: August 6, 2026
Date last updated: September 13, 2026
Price: $164,900Investment Analyzer NEW!

Property Description

2-sty+top-bottom duplex with both units currently occupied with long-term tenants. $1,550 monthly gross income. Unit 1: 2 BR, 1BA rents at $750/mo. Unit 2: 2 BR, 1 BA rents at $800/mo. and has finished attic area of add'l 294sf currently being used as a 3rd BR. Separate meters with tenants paying gas & electric. Owner/landlord pays water, trash, taxes, insurance, misc expenses. New water service line was installed May 2026 from the street to the interior main. Rental certificate is current through October 2028. Property is being sold as-is.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $164,900
Year Built: 1891
Lot Size: 2,214.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 1161 21st Street, Des Moines, IA 50311, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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