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124 E Olinda Avenue

Des Moines, IA 50315
  • $255,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 718590
$255,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,422
    SQFT
  • $105
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

School District:

Description

Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatilityperfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering ideal separation and privacy. Both have spacious living areas, and functional layouts. Conveniently located within walking distance to Principal Park, the Downtown Farmers Market, restaurants, shopping, and more. Easy access to major roads and public transportation. Whether you're looking to live in one unit and rent the other or add to your investment portfolio, this property offers flexibility and location appeal. Don't miss this excellent opportunity to own a duplex in the heart of Des Moines!

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© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | RE/MAX Concepts. Data last updated: 2025-07-13T00:22:22.053.
www.kooymanrealestateteam.com/homes/164074313
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124 E Olinda Avenue Des Moines, IA 50315

  • Price: $255,000
  • Status: Active
  • On Site: 52 Days
  • MLS #: 718590
6
Beds
2
Baths
0
½ Baths
0.16
Acres
2,422
SQFT
$105
$/SQFT
1913
Built
Neighborhood:
Des Moines S.East
County:
Polk
Area:
Des Moines S.East
School District:
Des Moines Independent
Property Description
Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatilityperfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering ideal separation and privacy. Both have spacious living areas, and functional layouts. Conveniently located within walking distance to Principal Park, the Downtown Farmers Market, restaurants, shopping, and more. Easy access to major roads and public transportation. Whether you're looking to live in one unit and rent the other or add to your investment portfolio, this property offers flexibility and location appeal. Don't miss this excellent opportunity to own a duplex in the heart of Des Moines!
Exterior Features

Architectural Style Two Story Construction Materials Stucco Foundation Details Brick / Mortar Slab Levels Two Road Surface Type Concrete Roof Asphalt Shingle

Interior Features

Below Grade Finished Area 920 Cooling Central Air Cooling YN Yes Heating Forced Air Gas Natural Gas Heating YN Yes

Property Features

Lease Considered YN No Listing Terms Cash Conventional Lot Features Rectangular Lot Lot Size Dimensions 54 X133 Sewer Public Sewer Tax Annual Amount 2498.75 Tax Year 2025 Water Source Public Zoning N5

Listing provided courtesy of BH&G Real Estate Innovations: (515) 962-5555. © 2025 Des Moines Multiple Listing Service.
© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | RE/MAX Concepts. Data last updated: 2025-07-13T00:22:22.053.
 
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