3920-3022 E 38th Street, Des Moines, IA 50317
3920-3022 E 38th Street, Des Moines, IA 50317
3920-3022 E 38th Street, Des Moines, IA 50317
3920-3022 E 38th Street, Des Moines, IA 50317
3920-3022 E 38th Street, Des Moines, IA 50317
3920-3022 E 38th Street, Des Moines, IA 50317
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Shonna Murrey

Shonna Murrey

+1(515) 612-8939
$ 240,000
Est. payment | /mo

4 Beds

2 Baths

1,536 SqFt

Save
$ 240,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,536 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,536 sqft

Price per Sqft $156

MLS Listing ID 749497

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1973

Annual Tax Amount $4,171

Lot Size 0.551 Acres

Acres 0.551

Property Description

Investors, here's an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.

Location

State IA

County Polk

Area Des Moines N.East

Zoning N2A-2

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Flooring Carpet

Fireplace No

Exterior

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Foundation Block

Sewer Public Sewer

Water Public

Schools

School District Des Moines Independent

Others

Tax ID 06000065003000

Monthly Total Fees $347

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Pennie Carroll & Associates

Nearby Locations

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Shonna Murrey
Shonna Murrey

Broker Associate License ID: 64826000

+1(515) 612-8939

315 SW Maple St, Ankeny, IA 50023, USA

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3920-3022 E 38th Street

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