1358 22nd St, Des Moines, IA 50311

Located just minutes from Drake University, this 4-unit multifamily property presents a prime opportunity for investors looking to add value and build long-term cash flow. With 2,009 square feet of total living space, this property offers four separate apartment units, making it ideal for student housing, long-term rentals, or a mix of both. The strong rental demand in the Drake area provides consistent income potential and the ability to improve rents over time. The home does need some TLC, but that's where the opportunity lies. With the right updates and improvements, this property could significantly increase in value while generating steady monthly income. Whether you're an experienced investor looking for your next project or someone ready to step into multifamily ownership, this property offers solid upside potential. Situated near campus, shopping, dining, and public transportation, the location alone makes this a smart addition to any portfolio. Don't miss your chance to invest in one of Des Moines' most reliable rental markets.