3420 Kingman Blvd, Des Moines, IA 50311

Exceptional 4-Plex Investment Opportunity | Proven Cash Flow + Turnkey Airbnb Income Rare opportunity to own a highly versatile 4-unit multifamily property offering immediate income, flexible rental strategies, and exceptional investment potential. Whether you’re an experienced investor looking to expand your portfolio or a buyer interested in offsetting your mortgage through rental income, this property offers multiple proven paths to success. The property currently has two occupied long-term rental units providing stable income, while an additional fully furnished unit is actively operating as a successful Airbnb with strong occupancy, repeat guests, and an established track record of short-term rental performance. The furnished Airbnb unit can be included in the sale, allowing the next owner to step into a completely turnkey short-term rental operation from day one. An additional vacant basement unit was previously owner-occupied and served as an ideal house hacking setup, allowing ownership to live onsite while rental income from the remaining units substantially offset living expenses. The vacant unit creates immediate flexibility for a new owner to move in, rent long-term, or create additional income opportunities. This property offers the rare ability to combine stable long-term rental income, proven short-term rental revenue, and owner-occupant flexibility — all within one investment. Property Highlights • 4-unit income-producing multifamily property • 2 long-term rental units currently occupied • Active Airbnb unit with repeat business and proven success • Furnished Airbnb unit can transfer with sale for turnkey operation • Vacant basement unit ready for owner-occupant or additional rental income • Excellent house hack opportunity for owner-occupants • Multiple proven income strategies already established • Immediate cash flow with long-term appreciation potential A rare opportunity to purchase an investment property that is already producing income in more ways than one.