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2931 Kingman Blvd

Des Moines IA 50311

6
5
2
3367 sq. ft.
11250 sq. ft.
Other
Currently for sale - view listing

Overview

Rare investment opportunity grossing $4,140 per month in the highly desirable Kingman neighborhood of Des Moines. A 5 unit property with assigned off street parking for each unit. Additionally there is a detached car garage for further potential rental income. The units have been well updated, including 200 amp service metered to each unit, fresh paint, carpet, and the majority of the hardwood flooring being refinished. Current rental rates are: Unit 1 (occupied 8/01) $1200. Unit 2 (occupied) $815 Unit 3 (Occupied) $695. Unit 4 (occupied) $835. Unit 5 (occupied) $595. This is a perfect combination of a well maintained and highly marketable rental property that still has room for future revenue enhancing improvements.

Features

6 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
3367 sq. ft. floor area
11250 sq. ft. lot size
Other

Property history for 2931 Kingman Blvd

2020
Sold
$225,000
06 Feb 2020 by Bryant Pickering, of Iowa Realty - Jordan Grove

Happy sellers in Des Moines

92%
92% of sellers in Des Moines reported that their sale price either exceeded or met their price expectations.

Des Moines stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Des Moines over the last 12 months.

Local market activity for 6 bedroom other properties in Des Moines

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