2316 51st Street Des Moines, IA 50310
- Added:
- Mar 25, 2026
- Days on Market:
- 8
- Last Refresh:
- Apr 1 at 10:06 am
Property Features for 2316 51st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- N3B-2
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 8, Bedroom 6, Basement, Bedroom 4, Bedroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 5
- Parking features
- Garage
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Standard status
- Active
- APN
- 11721-403-000
- Size
- 8,736 SF
- Lot size
- 0.86 Acres
Taxes and HOA fees
- TaxDescription
- See Remarks for ALL included parcels.
- TaxAnnualAmount
- 22086
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1995
- Roof type
- Shingle, Asphalt
Listing agent Nora Crosthwaite (515) 783-9815
Listing office Realty ONE Group Impact 140 S 68th St., Ste. 1105, West Des Moines, IA (515) 446-7524
Listing date Mar 25, 2026
MLS# 736837
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Des Moines Multifamily Investment Opportunity
This multifamily property in Des Moines, Iowa, comprises eight units across four duplex buildings on four separate parcels, available in a single transaction. Constructed in 1995, the property has been meticulously maintained, featuring newer roofing and updated AC. Each unit includes two bedrooms, one and a half bathrooms, and a one-car garage. The units also have dry basements with egress windows, suitable for converting into a third bedroom to increase square footage and rental income. The location is appealing to renters, contributing to a low vacancy rate. Situated minutes from downtown, Beaverdale, and Merle Hay, the property offers quick access to I-80/35 and I-235, facilitating easy commutes to Urbandale, West Des Moines, and other areas. Seven of the eight units are currently occupied and generating cash flow, with the eighth actively marketed for rent at $1,400 per month. The zoning is N3B-2. The property size is 8736 square feet on a lot of 0.864 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.689582
- Latitude
- 41.615615
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Eight-unit multifamily property near downtown Des Moines.
Where is this duplex located?
The property is located at 2316 51st Street Des Moines, IA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Below appraised value (appraised above $1,275,000).; Eight units (four duplexes) on four separate parcels, acquired in a single transaction.; Each unit features 2BD/1.5BA with a one‑car garage and a dry basement with egress windows ready for a third bedroom conversion.
