Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add.
The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors.
Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion.
Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.
Pending
Price cut: $10K (7/13)
$159,900
2938 E Euclid Ave, Des Moines, IA 50317
6beds
1,275sqft
Duplex, Multi Family
Built in 1948
-- sqft lot
$156,000 Zestimate®
$125/sqft
$-- HOA
What's special
Spacious floor plansConvenient rear parkingOff-street rear parkingLarge lot
- 75 days
- 29
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lindsay Prothero 515-745-7595,
GoSynergy Realty
Source: DMMLS,MLS#: 743525
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
- Main level bedrooms: 6
Heating
- Baseboard, Electric, Forced Air, Gas, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Refrigerator, Stove
- Laundry: Main Level
Features
- Basement: Partial
Interior area
- Total structure area: 1,275
- Total interior livable area: 1,275 sqft
- Finished area below ground: 200
Property
Lot
- Size: 0.38 Acres
- Dimensions: 55 x 300
Details
- Parcel number: 06002608000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Metal Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Resale
- New construction: No
- Year built: 1948
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: $125/sqft
- Tax assessed value: $128,800
- Annual tax amount: $2,412
- Date on market: 6/22/2026
- Cumulative days on market: 109 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Concrete
Estimated market value
$156,000
$148,000 - $164,000
$1,290/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Pending sale | $159,900$125/sqft |
Source:  DMMLS #743525 Report a problem | ||
| 7/13/2026 | Price change | $159,900-5.9%$125/sqft |
Source: DMMLS #743525 Report a problem | ||
| 7/1/2026 | Price change | $169,900-5.6%$133/sqft |
Source: DMMLS #743525 Report a problem | ||
| 6/22/2026 | Listed for sale | $179,900+421.4%$141/sqft |
Source: DMMLS #743525 Report a problem | ||
| 9/26/2005 | Sold | $34,500-23.3%$27/sqft |
Source: Public Record Report a problem | ||
| 5/21/2002 | Sold | $45,000+52.5%$35/sqft |
Source: Public Record Report a problem | ||
| 1/12/1999 | Sold | $29,500$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,412 +2.1% | $128,800 +7.2% |
| 2024 | $2,362 -2.5% | $120,100 |
| 2023 | $2,422 +0.7% | $120,100 +16.8% |
| 2022 | $2,404 +2.7% | $102,800 |
| 2021 | $2,340 -3.8% | $102,800 +9.6% |
| 2020 | $2,432 +11.2% | $93,800 |
| 2019 | $2,188 +1% | $93,800 +15.2% |
| 2018 | $2,166 | $81,400 |
| 2017 | $2,166 +8.7% | $81,400 +7.7% |
| 2016 | $1,992 | $75,600 |
| 2015 | $1,992 +10.9% | $75,600 +7.8% |
| 2014 | $1,796 | $70,100 |
| 2013 | -- | $70,100 +0.7% |
| 2012 | -- | $69,600 |
| 2011 | -- | $69,600 -5.9% |
| 2010 | -- | $74,000 |
| 2009 | -- | $74,000 -1.9% |
| 2008 | -- | $75,400 |
| 2007 | -- | $75,400 +12.2% |
| 2006 | -- | $67,200 |
| 2005 | -- | $67,200 +14.9% |
| 2003 | -- | $58,510 +10.5% |
| 2002 | -- | $52,960 |
| 2001 | -- | $52,960 |
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: Douglas Acres
Nearby schools
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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