Single family rental property portfolio for sale with great tenants in place! The asset mix includes 3 Single Family Homes...2 BR/1 BA's for the investor looking for a single family home portfolio package perfect for the first time investor! No major deferred maintenance needed, but value add opportunity. Low expenses, easy to maintain. Close to downtown, shopping, restaurants and more. With affordable home prices, inexpensive taxes, and a low cost of living. Des Moines is the best place to invest and rated by USNews in 2023 as the top #19 best places to live! Appliances plus washer & dryer included. Roof is 2 years old, egress window in LL & partially finished basement. 3 SFH portfolio to include: 1547 13th St & 1910 10th St, DSM. Rents: $2950/mo. Great Cap Rate!
Sold for $105,000
$105,000
2214 Lincoln Ave, Des Moines, IA 50310
2beds
788sqft
Single Family Residence
Built in 1915
5,270.76 Square Feet Lot
$118,800 Zestimate®
$133/sqft
$1,085 Estimated rent
Home value
$118,800
$105,000 - $132,000
$1,085/mo
Zestimate® history
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$1,085/mo
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$576/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 02, 2023 at 10:44am
Listed by:
Jamie Sheldahl Silver (515)991-4919,
Realty ONE Group Impact
Bought with:
Tim Hegwood
PMI Realty Central Iowa
Source: DMMLS,MLS#: 679360
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Stove
Features
- Separate/Formal Dining Room
- Basement: Egress Windows,Partially Finished
Interior area
- Total structure area: 788
- Total interior livable area: 788 sqft
- Finished area below ground: 0
Property
Lot
- Size: 5,270 sqft
- Dimensions: 63 x 84
Details
- Parcel number: 08002274000000
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,See Remarks
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2023 | Sold | $105,000-12.5%$133/sqft |
Source:  DMMLS #679360 Report a problem | ||
| 10/18/2023 | Pending sale | $120,000$152/sqft |
Source: DMMLS #679360 Report a problem | ||
| 8/20/2023 | Listed for sale | $120,000$152/sqft |
Source: DMMLS #679360 Report a problem | ||
| 8/7/2023 | Pending sale | $120,000$152/sqft |
Source: DMMLS #679360 Report a problem | ||
| 8/2/2023 | Listed for sale | $120,000+300%$152/sqft |
Source: DMMLS #679360 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,412 +7.8% | $71,800 |
| 2023 | $1,310 +0.8% | $71,800 +29.1% |
| 2022 | $1,300 +4.2% | $55,600 |
Find assessor info on the county website
Neighborhood: Drake
Nearby schools
GreatSchools rating
- 2/10Monroe Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Meredith Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Hoover High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$118,800
2% more
+$2,376
With Zillow Showcase(estimated)
$121,176
- Iowa
- Polk County
- Des Moines
- 50310
- Drake
- 2214 Lincoln Ave