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For sale
  • $550,000

    801 & 807 E McKinley Ave, Des Moines, IA 50315

    8beds
    3,499sqft
    : 
    $3,882/mo
    Get pre-qualified
    Multi Family
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $157/sqft
    $-- HOA

    What's special

    If you're looking for a duplex portfolio, this is your chance! 801 & 807 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 and are located just off E. McKinley Ave in a desirable South Des Moines neighborhood. The combined gross monthly income for both duplexes is $4,830. 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. 803 has new furnace & AC (2022). 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 707, 715, and 815 E. McKinley Ave., creating the opportunity to acquire a larger multifamily portfolio. All information obtained from seller and public records.
    63 days
    |
    95
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Kupka (515)681-7001,

    RE/MAX Precision

    Source: DMMLS,MLS#: 742720MLS LogoOriginating 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, Microwave, Refrigerator, Stove
      Features
      • Flooring: Carpet
      • Basement: Egress Windows,Finished,Walk-Out Access
      Interior area
      • Total structure area: 3,499
      • Total interior livable area: 3,499 sqft
      • Finished area below ground: 0

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.28 Acres
      • Features: Rectangular Lot
      Details
      • Parcel number: 12000138103003 & 120/00138102000
      • Zoning: N3A

      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

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $157/sqft
      • Annual tax amount: $9,816
      • Date on market: 6/9/2026
      • Cumulative days on market: 64 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas, Insurance, Water
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/11/2026Listed for sale$550,000$157/sqft
        Source: DMMLS #742720 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Park

        Getting around

        47 / 100
        Car-Dependent
        28 / 100
        Some Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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