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For sale
    • $229,900

    1134 39th St, Des Moines, IA 50311

    3beds
    2,187sqft
    : 
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    Multi Family
    Built in 1920
    -- sqft lot
    $217,200 Zestimate®
    $105/sqft
    $-- HOA

    What's special

    Formal dining roomAmple extra storage spaceNew paintQuiet cul-de-sac streetShared washer and dryer
    Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors or someone looking for a place to live while supplementing their income. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra storage space for tenant convenience, plus a shared washer and dryer. The upper-level is a 1 bed, 1 bath unit with a large living room area. Upper unit is also occupied as of April 1, 2026. The upper unit was recently updated with new paint, stove, and flooring. City of Des Moines rental certificate is good through August 23, 2027. Both units are equipped with newer separate water heaters and furnaces. Located close to amenities and transportation, this property offers incredible potential for passive income or multi-generational living. Don't miss your chance to own this fantastic investment property in a prime Des Moines location.
    169 days
    |
    224
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Hegwood (515)314-3997,

    PMI Realty Central Iowa

    Source: DMMLS,MLS#: 732873MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Gas, Natural Gas
      Cooling
      • Central Air
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,187
      • Total interior livable area: 2,187 sqft

      Property

      Features
      • Levels: One and One Half
      • Stories: 1.5
      Lot
      • Size: 6,621 Square Feet
      • Dimensions: 50 x 132
      • Features: Cul-De-Sac
      Details
      • Parcel number: 09003446000000
      • Zoning: N5

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: One and One Half Story
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Brick/Mortar
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $105/sqft
      • Tax assessed value: $220,500
      • Annual tax amount: $3,992
      • Date on market: 1/14/2026
      • Cumulative days on market: 170 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        $217,200

        $206,000 - $228,000

        $1,370/mo

        Price history

        DateEventPrice
        2/20/2026Price change$229,900-4.2%$105/sqft
        Source: DMMLS #732873 Report a problem
        1/15/2026Listed for sale$239,900+0.4%$110/sqft
        Source: DMMLS #732873 Report a problem
        9/2/2025Listing removed$239,000$109/sqft
        Source: DMMLS #716707 Report a problem
        8/20/2025Price change$239,000-2%$109/sqft
        Source: DMMLS #716707 Report a problem
        7/7/2025Price change$244,000-2.2%$112/sqft
        Source: DMMLS #716707 Report a problem
        6/5/2025Price change$249,500-1%$114/sqft
        Source: DMMLS #716707 Report a problem
        5/13/2025Price change$252,000-3.1%$115/sqft
        Source: DMMLS #716707 Report a problem
        4/27/2025Listed for sale$260,000-3.7%$119/sqft
        Source: DMMLS #716707 Report a problem
        1/22/2025Listing removed$270,000$123/sqft
        Source: DMMLS #709027 Report a problem
        1/10/2025Price change$270,000-3.6%$123/sqft
        Source: DMMLS #709027 Report a problem
        12/14/2024Listed for sale$280,000+170.5%$128/sqft
        Source: DMMLS #709027 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/22/2017Listing removed$950
        Source: Owner Report a problem
        8/17/2017Listed for rent$950+1.1%
        Source: Owner Report a problem
        3/26/2017Listing removed$940
        Source: Owner Report a problem
        3/12/2017Price change$940-4.1%
        Source: Owner Report a problem
        3/7/2017Listed for rent$980
        Source: Owner Report a problem
        9/11/2008Sold$103,500-1.4%$47/sqft
        Source: Public Record Report a problem
        5/10/2008Listed for sale$105,000-8.3%$48/sqft
        Source: Point2 #327991 Report a problem
        8/22/2002Sold$114,500$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,014 +2.1%$220,500 +10.3%
        2024$3,932 +0.5%$199,900
        2023$3,912 +0.8%$199,900 +20.4%
        2022$3,882 +4.8%$166,000
        2021$3,704 -3.7%$166,000 +11.9%
        2020$3,848 +9.9%$148,400
        2019$3,500 +1%$148,400 +14%
        2018$3,464 $130,200
        2017$3,464 +9.9%$130,200 +8.9%
        2016$3,152 $119,600
        2015$3,152 +15%$119,600 +11.8%
        2014$2,740 $107,000
        2013-- $107,000 +0.3%
        2012-- $106,700
        2011-- $106,700 -7%
        2010-- $114,700 -3.9%
        2009-- $119,400 -9.3%
        2008-- $131,600
        2007-- $131,600 +16.3%
        2006-- $113,200
        2005-- $113,200 +10.2%
        2003-- $102,730 +22.7%
        2002-- $83,700
        2001-- $83,700

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Drake

        Getting around

        62 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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