3920-3922 E 38th Street

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Address: 3920 E 38th St, Des Moines, IA 50317, USA
Chicago & Midwest + 2-4 Units
Created date: September 17, 2026
Date last updated: September 19, 2026
Price: $240,000Investment Analyzer NEW!

Property Description

Investors, here's an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000-just $120,000 per door. For investors looking to scale further, 3906-3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $240,000
No. of Units: 2
Year Built: 1973
Lot Size: 1,536.00 Sq ft
Opportunity Zone: No
Price per unit: $120,000
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 3920-3922 E 38th Street, Des Moines, IA 50317, USA
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