Back 401 Franklin Ave
Off Market

401 Franklin Ave

Des Moines IA 50314

5
3
2381 sq. ft.
8352 sq. ft.
Duplex
Last sold for $190,000
Meghan O BrienMeghan O Brien, last sold this property on 03 September 2026 after 118 days on market.

Overview

Fantastic opportunity to invest! Property provides the opportunity to serve as a 2 unit rental, an owner occupied rental, or conversion to a grand single family home in an area of Des Moines seeing continued development. Main level (Unit 1) houses 2 bedrooms and 2 baths with dining area in an appealing open concept. Unit 2 has 2 bedrooms and 1 bath on the second floor, with an additional third bedroom/loft on the third floor. Recent updates include central air for both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Current rent rates are $1000 for Unit 1 and $1025 for Unit 2. This could be the one to start or extend your real estate portfolio at an amazing price point.

Features

5 bedrooms
3 bathrooms
2381 sq. ft. floor area
8352 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Des Moines over the last 12 months.

Property history for 401 Franklin Ave

2026
Sold
$190,000
03 Sep 2026 by Meghan O Brien, of Realty ONE Group Impact
2021
Sold
$154,000
15 Jun 2021 by Karoline Benskin, of Keller Williams Realty GDM
2020
Sold
$130,000
02 Jan 2020 by Chris Chiaramonte, of Century 21 Signature

Happy sellers in Des Moines

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Local market activity for 5 bedroom duplexes in Des Moines

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