If you're looking for a duplex portfolio, this is your chance! 707 & 715 E. McKinley Ave. are located side by side, making management and maintenance much more efficient for an investor. Per the seller, all four units offer 3 bedrooms with additional finished basement sq footage. The combined gross monthly income for both duplexes is $4,893.
Tenants are responsible for all utilities, including water, sewer, storm water, gas, electric, lawn care, and snow removal, helping keep operating expenses low. The owner is responsible for snow removal of the parking areas due to the shared driveways. 715 New furnace & Ac (2023) & 717 water heater replaced (2024). Conveniently located near shopping, dining, and everyday amenities, these properties offer strong rental appeal. Additional features include spacious backyards, walkout basements, and functional floor plans. This investment presents excellent upside potential for investors looking to enhance value and maximize returns. Also available from the same owner are 801, 807 and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.
71 days
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110
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7
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Zillow last checked:
Listing updated:
Listed by:
Dustin Kupka(515)681-7001,
RE/MAX Precision
Source: DMMLS,MLS#: 742767Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Forced Air, Gas, Natural Gas
Cooling
Central Air
Appliances
Included: Dishwasher, Refrigerator, Stove
Features
Flooring: Carpet
Basement: Finished,Walk-Out Access
Interior area
Total structure area: 3,499
Total interior livable area: 3,499 sqft
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Detached, Garage, Two Car Garage
Garage spaces: 2
Features
Levels: Two
Stories: 2
Lot
Size: 0.67 Acres
Features: Rectangular Lot
Details
Parcel number: 120/00138105000 & 120/00138104000
Zoning: N3AF
Construction
Type & style
Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family
Materials
Foundation: Block
Roof: Asphalt,Shingle
Condition
Year built: 1984
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Water Available