This well-sized 3-bedroom, 1-bath walkout duplex is ideally located just off McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low.
Conveniently located near shopping, dining, and everyday essentials along SE 14th St, with easy access to Gray's Lake Park and Water Works Park, and just minutes from downtown Des Moines.
Recent updates include a new roof in 2020 and water heaters replaced in 2023 and 2012. Additional features include a basement toilet in unit 1024, a spacious backyard, and a functional layout.
This property offers strong potential for investors looking to enhance value and maximize returns in a prime location. All information obtained from seller and public records.
Pending
$275,000
1022 McKinley Ave, Des Moines, IA 50315
6beds
1,944sqft
:
Get pre-qualified$1,959/mo
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
Spacious backyardFunctional layout
- 7 days |
- 21 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Dustin Kupka (515)681-7001,
RE/MAX Precision
Source: DMMLS,MLS#: 737820
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove
Features
- Flooring: Carpet, Vinyl
- Basement: Unfinished,Walk-Out Access
Interior area
- Total structure area: 1,944
- Total interior livable area: 1,944 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,367 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 12003528000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $212,800
- Annual tax amount: $4,011
- Date on market: 4/8/2026
- Cumulative days on market: 107 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas, Water
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Pending sale | $275,000$141/sqft |
Source:  DMMLS #737820 Report a problem | ||
| 4/8/2026 | Listed for sale | $275,000+169.6%$141/sqft |
Source: DMMLS #737820 Report a problem | ||
| 3/30/2026 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2026 | Listed for rent | $1,200-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2025 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2025 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2000 | Sold | $102,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,987 +1.5% | $212,800 +12.5% |
| 2024 | $4,911 +39.4% | $189,200 |
| 2023 | $3,522 +0.8% | $189,200 +26.6% |
| 2022 | $3,494 -0.7% | $149,400 |
| 2021 | $3,518 -3.8% | $149,400 +6% |
| 2020 | $3,656 +8.2% | $141,000 |
| 2019 | $3,378 +1% | $141,000 +12.2% |
| 2018 | $3,344 | $125,700 |
| 2017 | $3,344 +8.1% | $125,700 +7.1% |
| 2016 | $3,094 | $117,400 |
| 2015 | $3,094 +11.7% | $117,400 +8.5% |
| 2014 | $2,770 | $108,200 |
| 2013 | -- | $108,200 -0.4% |
| 2012 | -- | $108,600 |
| 2011 | -- | $108,600 -11.6% |
| 2010 | -- | $122,900 |
| 2009 | -- | $122,900 -0.9% |
| 2008 | -- | $124,000 |
| 2007 | -- | $124,000 +8.8% |
| 2006 | -- | $114,000 |
| 2005 | -- | $114,000 +7% |
| 2003 | -- | $106,520 +14.9% |
| 2002 | -- | $92,730 |
| 2001 | -- | $92,730 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Watrous South
Nearby schools
GreatSchools rating
- 3/10Wright Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Brody Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $153,2003 bd1 ba972 sqft1024 McKinley Ave, Des Moines, IA 50315Off Market
- $240,8005 bd2 ba1.9k sqft1016 McKinley Ave, Des Moines, IA 50315Off Market
- $244,9003 bd2 ba960 sqft1026 McKinley Ave, Des Moines, IA 50315Sold
- $197,0003 bd1 ba834 sqft1013 Evans St, Des Moines, IA 50315Off Market
- $104,5001 bd1 ba912 sqft1009 Evans St, Des Moines, IA 50315Off Market
- $190,4003 bd1 ba834 sqft1017 Evans St, Des Moines, IA 50315Off Market
- $122,5002 bd1 ba904 sqft1028 McKinley Ave, Des Moines, IA 50315Off Market
- $154,1003 bd1 ba1.3k sqft1007 Evans St, Des Moines, IA 50315Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $280,0004 bd2 ba2k sqft612 McKinley Ave, Des Moines, IA 50315For Sale
MLS ID #737823, Dustin Kupka, RE/MAX Precision. DMMLS - $270,0004 bd2 ba1.4k sqft3310 SE 5th St, Des Moines, IA 50315For Sale
MLS ID #743681, Roshni Ryan, Keller Williams Realty GDM. DMMLS - $259,9004 bd2 ba1.3k sqft1431 Frazier Ave, Des Moines, IA 50315For Sale
MLS ID #744328, Mason Good, RE/MAX Revolution. DMMLS - $279,0004 bd2 ba1.8k sqft1616 Southlawn Dr, Des Moines, IA 50315For Sale
MLS ID #732821, Jenny Overturf, Realty ONE Group Impact. DMMLS - $250,0004 bd2 ba1.9k sqft4210 Wakonda Pkwy, Des Moines, IA 50315For SaleMLS ID #736400, Karla Alaniz, Keller Williams Realty GDM. DMMLS
- $240,0003 bd2 ba1k sqft3 E Bell Ave, Des Moines, IA 50315For SaleMLS ID #744664, Sara Summy, Iowa Realty Beaverdale. DMMLS
- $300,0007 bd4 ba1.8k sqft3903 Oakshire Rd, Des Moines, IA 50310For SaleMLS ID #743230, Darson Grantham, Keller Williams Realty GDM. DMMLS
- $275,0005 bd-- ba2k sqft900 Morton Ave, Des Moines, IA 50316For SaleMLS ID #739687, Pennie Carroll, Pennie Carroll & Associates. DMMLS
- $285,0004 bd2 ba1k sqft4520 Wakonda Dr, Norwalk, IA 50211For SaleMLS ID #745847, Shane Guely, RE/MAX Concepts. DMMLS
- $289,9003 bd3 ba1.1k sqft603 Lally St, Des Moines, IA 50315For SaleMLS ID #735704, JULIA WATERMILLER, Iowa Realty Beaverdale. DMMLS
- $275,0003 bd2 ba1.1k sqft4828 Fairview Dr, Pleasant Hill, IA 50327For SaleMLS ID #745855, Char Klisares, RE/MAX Concepts. DMMLS
- $306,9503 bd3 ba1.4k sqft3300 SE 8th St, Des Moines, IA 50315For Sale
MLS ID #70140, Karlai Thornburg, Friedrich Realty. CIBR - $300,0004 bd3 ba1k sqft3231 Summit Vista Dr, Des Moines, IA 50321For SaleMLS ID #743903, Matt Mauro, RE/MAX Concepts. DMMLS
- $300,0003 bd3 ba1.9k sqft1112 27th St, Des Moines, IA 50311For SaleMLS ID #743994, Allen Lundgren, Iowa Realty Beaverdale. DMMLS
- $199,0003 bd2 ba1.4k sqft1987 & 1989 SW 1st St, Des Moines, IA 50315For SaleMLS ID #738867, Darson Grantham, Keller Williams Realty GDM. DMMLS
- $298,0003 bd2 ba1.4k sqft1104 57th St, Des Moines, IA 50311For SaleMLS ID #745813, Holly Craiger, RE/MAX Concepts. DMMLS
- $249,9003 bd2 ba1.4k sqft2814 School St, Des Moines, IA 50311For SaleMLS ID #745329, Peggy Harmeyer, Boutique Real Estate. DMMLS
- $299,0004 bd2 ba1.5k sqft4308 69th St, Urbandale, IA 50322For SaleMLS ID #745733, Andy Algreen, Keller Williams Realty GDM. DMMLS
- $300,0005 bd3 ba1.6k sqft1700 E 14th St, Des Moines, IA 50316For SaleMLS ID #736898, Talor Woodson, Iowa Realty Ankeny. DMMLS
- $275,0003 bd1 ba1.2k sqft4255 NW 6th Dr, Des Moines, IA 50313For SaleMLS ID #739269, Charles Reeder, RE/MAX Revolution. DMMLS
