1987 & 1989 SW 1st Street, Des Moines, IA 50315
1987 & 1989 SW 1st Street, Des Moines, IA 50315
1987 & 1989 SW 1st Street, Des Moines, IA 50315
1987 & 1989 SW 1st Street, Des Moines, IA 50315
1987 & 1989 SW 1st Street, Des Moines, IA 50315
1987 & 1989 SW 1st Street, Des Moines, IA 50315
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Tammi Ornelis

Tammi Ornelis

+1(641) 344-0333
$ 210,000
Est. payment | /mo

3 Beds

2 Baths

1,436 SqFt

Save
$ 210,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,436 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,436 sqft

Price per Sqft $146

MLS Listing ID 738867

Style Bungalow,One and One Half Story

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,701

Lot Size 8,581 Sqft

Acres 0.197

Property Description

Two homes on one lot—ideal investment or house hack opportunity! Property includes 1987 & 1989 SW 1st St. 1987 is a 1.5 story featuring 2 bedrooms, 1 bath, and is currently vacant—move-in or rent-ready for immediate occupancy (currently being advertised for rent at $1,100). 1989 offers 1 bedroom, 1 bath and is currently tenant occupied, providing instant rental income (current rent is $850). Separate living spaces allow flexibility for owner-occupants or investors looking to maximize cash flow. Convenient location with easy access to downtown, major roads, and amenities. Great opportunity to live in one unit while the other helps offset your mortgage or add to your portfolio with a turnkey income-producing property.

Location

State IA

County Polk

Area Des Moines S.West

Zoning N5

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Fireplace No

Exterior

Roof Type Asphalt,Shingle

Private Pool No

Building

Entry Level One and One Half

Sewer Public Sewer

Water Public

Level or Stories One and One Half

Schools

School District Des Moines Independent

Others

Tax ID 02002923000000

Monthly Total Fees $225

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Keller Williams Realty GDM

Schools and Properties Nearby

Tammi Ornelis
Tammi Ornelis

Agent | License ID: S72655000

+1(641) 344-0333 | tammirai.realtor@gmail.com

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1987 & 1989 SW 1st Street