542 Guthrie Avenue

Des Moines IA 50313

2954 sq. ft.

7700 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Step into a rare value-add opportunity with this grand Victorian gem—an investor’s dream with serious upside potential. Boasting nearly 3,000 square feet, this historically rich property offers the perfect canvas for a high-impact flip or income-producing transformation. Once a cornerstone of this iconic neighborhood, the home has functioned as both a spacious single-family residence and a multiplex, giving savvy buyers multiple exit strategies. With 6 bedrooms and 2 bathrooms, the scale alone opens the door for strong resale margins or rental income optimization. Original character and architectural charm are waiting to be revived, making this an ideal project for flippers or investors looking to capitalize on both historic appeal and modern demand. Opportunities like this don’t come around often—bring your vision and unlock the full potential of this standout property. Sold AS IS.