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    3831 40Th St Des Moines, IA 50310

    For Sale
    $289,900

    MULTI_FAMILY - Other - Des Moines, IA

    Type:Duplex
    Property size:
    884 SF
    Lot size:
    0.20 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 3831 40Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    N3B
    Rooms
    Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    4
    Bathrooms
    2
    APN
    12676-001-000
    Parking features
    Garage
    Size
    884 SF
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1963
    Number of units
    2
    Building materials
    MetalSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Exit Realty Capital City (515) 991-4204 [email protected]

    Listing agent Timothy Schutte (515) 681-5677

    Listing date Nov 26, 2025

    MLS# 731016 Listing URL

    Copyright © 2025 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

    Beaverdale Duplex with Updated Roof

    This duplex is located in the Beaverdale neighborhood of Des Moines, Iowa. Each side of the duplex features 2 bedrooms and 1 bathroom. The total rent for both units is $2,200. Each unit is equipped with a washer and dryer. Tenants are responsible for paying their own electric and gas bills, while the landlord covers the water expenses. The roof has been updated. The property is located in Polk County and has a lot size of 0.2 acres. The property size is 884 square feet. The zoning is N3B.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.671689
    Latitude
    41.630547

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    FAQs

    What type of property is this?
    Duplex - Des Moines duplex in Beaverdale neighborhood, tenant-paid utilities.
    Where is this duplex located?
    The property is located at 3831 40Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: - Duplex in desirable Beaverdale neighborhood; - $2,200 total monthly rental income; - Tenants pay electric and gas
    (515) 681-5677
    Request Owner's contact information
    3831 40Th St Des Moines, IA 50310
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    Des Moines, IA 50310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3831 40Th St Des Moines, IA 50310
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