Sold for $265,000

$265,000

505 & 507 SW Watrous Ave, Des Moines, IA 50315

4beds

1,944sqft

Multi Family

Built in 1978

-- sqft lot

$263,700 Zestimate^®

$136/sqft

$1,436 Estimated rent

Home value

$263,700

$251,000 - $280,000

$1,436/mo

Zestimate^® history

Owner options

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$1,436/mo

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$1,436/mo

Rent Zestimate^®

Refinance and save

$1,768/mo

Est. payment

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$1,768/mo

Est. payment

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What's special

Very large bedroomsLarge separately fenced backyardNew vinyl sidingEat-in kitchenSpacious bathroom

Beautifully maintained south side duplex. This owner demonstrates their love of investment properties and pride of ownership in how well cared for these units are. New gutters and gutter guards and new vinyl siding are just a few of the recent updates made to keep this property in tip-top shape. Each unit is currently on its own parcel, but they must be sold together. Both have 2 very large bedrooms and 1 spacious bathroom upstairs, and an eat-in kitchen, living room, 1/2 bathroom and laundry space on the main level. Outside you'll find that both units have an oversized detached 1 car garage and their own large, separately fenced backyard. This property is perfect for dipping your toes into investment properties with a house-hack or for the seasoned investor who wants to add a long-term rental to their portfolio. Conveniently located close to parks, schools, restaurants, Wakonda Club and Des Moines Airport access. Only 6 minutes to Downtown. Don't miss your chance!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Refrigerator, Stove, Washer
Laundry: Main Level

Features

Window Treatments
Flooring: Carpet, Vinyl

Interior area

Total structure area: 1,944
Total interior livable area: 1,944 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Two Car Garage
Garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 186 Acres

Details

Parcel number: 01000414005001, 01000414003000
Zoning: N3A

Construction

Type & style

Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family

Materials

Brick, Vinyl Siding
Foundation: Block, Slab
Roof: Asphalt,Shingle

Condition

Year built: 1978

Utilities & green energy

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

Community & neighborhood

Security

Security features: Smoke Detector(s)

Location

Region: Des Moines

Other

Other facts

Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Concrete

Price history

Date	Event	Price
9/23/2025	Sold	$265,000-7%$136/sqft
Source: DMMLS #724210 Report a problem
8/28/2025	Pending sale	$284,900$147/sqft
Source: DMMLS #724210 Report a problem
8/13/2025	Listed for sale	$284,900$147/sqft
Source: DMMLS #724210 Report a problem