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For sale
  • Price cut: $10K (7/9)
    $229,000

    1242 McKinley Ave, Des Moines, IA 50315

    4beds
    1,513sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Plenty of private parkingLovely kitchenInviting front porchSpacious family roomLarge dining area
    Back on the market due to no fault of the seller or property! This beautifully updated home offers incredible flexibility as either a single family residence w/income potential or multi-family investment opportunity. Recent major improvements include a BRAND NEW ROOF & other significant repairs already completed, providing peace of mind for the next owner. This property features 2 distinct units w/a total of 4 bedrooms. *UNIT DETAILS* MAIN UNIT-Experience the charm & comfort of the main house w/2 bedrooms on main level complemented by your own inviting front porch, spacious family room, large dining area & lovely kitchen. The inclusion of a basement adds a 3rd bedroom, storage & laundry space. *UPPER UNIT* The upstairs unit offers privacy & convenience. This apartment has separate or joint access & is perfect for renting out or could be utilized as an in-law suite. It has a full kitchen, bedroom, bath & private deck. *FLEXIBILITY FOR ALL NEEDS* The unique structure of this property allows for both units to be either combined into a single family home or separated for rental income. One car tuck under garage & plenty of private parking!
    77 days
    |
    2,817
    |
    199
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Valerie Kenworthy (515)988-7469,

    LPT Realty, LLC,

    David Vaughan,

    LPT Realty, LLC

    Source: DMMLS,MLS#: 738296MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Heating
      • Forced Air, Gas, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
      Features
      • Window Treatments
      • Flooring: Carpet, Tile
      • Basement: Finished,Partially Finished
      Interior area
      • Total structure area: 1,513
      • Total interior livable area: 1,513 sqft
      • Finished area below ground: 140

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage, One Car Garage
      • Attached garage spaces: 1
      Features
      • Levels: One and One Half
      • Stories: 1
      Lot
      • Size: 8,624 Square Feet
      • Dimensions: 62 x 138
      • Features: Corner Lot
      Details
      • Parcel number: 12003493000000
      • Zoning: N3A

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: One and One Half Story,Ranch,Duplex
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Brick/Mortar
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1926

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $151/sqft
      • Tax assessed value: $177,900
      • Annual tax amount: $3,186
      • Date on market: 4/13/2026
      • Cumulative days on market: 92 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Price change$229,000-4.2%$151/sqft
        Source: DMMLS #738296 Report a problem
        6/1/2026Price change$239,000-4.4%$158/sqft
        Source: DMMLS #738296 Report a problem
        5/19/2026Price change$249,900-3.5%$165/sqft
        Source: DMMLS #738296 Report a problem
        5/4/2026Listed for sale$259,000$171/sqft
        Source: DMMLS #738296 Report a problem
        4/27/2026Pending sale$259,000$171/sqft
        Source: DMMLS #738296 Report a problem
        4/13/2026Price change$259,000-2.3%$171/sqft
        Source: DMMLS #738296 Report a problem
        3/12/2026Price change$265,000-3.6%$175/sqft
        Source: DMMLS #732773 Report a problem
        2/16/2026Price change$275,000-5.1%$182/sqft
        Source: DMMLS #732773 Report a problem
        2/2/2026Price change$289,900-3%$192/sqft
        Source: DMMLS #732773 Report a problem
        12/22/2025Listed for sale$299,000+69.9%$198/sqft
        Source: DMMLS #731950 Report a problem
        7/9/2025Sold$176,000-7.4%$116/sqft
        Source: DMMLS #720151 Report a problem
        6/26/2025Pending sale$190,000$126/sqft
        Source: DMMLS #720151 Report a problem
        6/12/2025Listed for sale$190,000-15.6%$126/sqft
        Source: DMMLS #720151 Report a problem
        5/22/2025Listing removed$225,000$149/sqft
        Source: DMMLS #710636 Report a problem
        4/26/2025Price change$225,000-3.2%$149/sqft
        Source: DMMLS #710636 Report a problem
        4/10/2025Price change$232,500-4.1%$154/sqft
        Source: DMMLS #710636 Report a problem
        3/26/2025Price change$242,500-5.8%$160/sqft
        Source: DMMLS #710636 Report a problem
        3/14/2025Price change$257,500-1.9%$170/sqft
        Source: DMMLS #710636 Report a problem
        2/21/2025Price change$262,500-1.9%$173/sqft
        Source: DMMLS #710636 Report a problem
        1/23/2025Listed for sale$267,500+481.5%$177/sqft
        Source: DMMLS #710636 Report a problem
        11/3/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/16/2023Price change$1,475-3.3%$1/sqft
        Source: Zillow Rentals Report a problem
        10/13/2023Listed for rent$1,525+29.8%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        7/19/2017Listing removed$1,175$1/sqft
        Source: Owner Report a problem
        6/20/2017Listed for rent$1,175$1/sqft
        Source: Owner Report a problem
        9/4/2015Sold$46,000$30/sqft
        Source: DMMLS #458514 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,915 +35.8%$177,900 +14.5%
        2024$2,882 +7.7%$155,400
        2023$2,676 +0.8%$155,400 +27%
        2022$2,656 +1.7%$122,400
        2021$2,612 -3.7%$122,400 +7.8%
        2020$2,712 +9.6%$113,500
        2019$2,474 +1.1%$113,500 +13.3%
        2018$2,448 $100,200
        2017$2,448 +1.2%$100,200 +0.7%
        2016$2,420 $99,500 +8.4%
        2015$2,420 +18.9%$91,800 +3.8%
        2014$2,036 $88,400
        2013-- $88,400 -0.7%
        2012-- $89,000
        2011-- $89,000 -7.7%
        2010-- $96,400
        2009-- $96,400 +7.6%
        2008-- $89,600
        2007-- $89,600 +9.7%
        2006-- $81,700
        2005-- $81,700 +10.1%
        2003-- $74,230 +21.1%
        2002-- $61,320
        2001-- $61,320
        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: Watrous South

        Getting around

        56 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        37 / 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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