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Two-Unit Duplex with Finished Attic
For Sale
$164,900

1161 21st St, Des Moines, IA 50311

Occupied duplex with separately metered utilities and an additional finished attic area in one unit.

Property Size2,214 SF
Price / SF$74.48
Days on Market10

Property Features for 1161 21st St

General Information

Standard status Active
Size 2,214 SF
Property subtype Multi-Family

Building Details

Year Built 1891
Listing Agency: Iowa Realty Mills Crossing
Listed By: INGRID L. ROOSE
Source: Kwlegacyrealty
Added: Aug 20 Changed: Aug 24 Last Checked: Aug 29 at 12:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty Mills Crossing

Investment Insights

Based on property information with market context.

This 2,214-square-foot, two-story duplex contains two occupied residential units, each configured with 2 bedrooms and 1 bathroom. One unit includes a finished 294-square-foot attic area currently used as a third bedroom. The property is being sold as-is, and both units are leased to long-term tenants.

Separate meters serve the units, with tenants responsible for gas and electric. The owner handles water, trash, taxes, insurance, and miscellaneous expenses. A new water service line was installed from the street to the interior main in May 2026. The rental certificate remains current through October 2028. The property is located at 1161 21st St in Des Moines, Iowa.

Key Highlights

  • 2,214‑square‑foot duplex with two residential units
  • Both units are occupied by long‑term tenants
  • Each unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

613
Businesses Nearby

Demographics for 50311, IA

14,782
Population
7,180
Households
2.1
Avg Household Size
30
Median Age
41%
College-Educated
94%
High-School Grad
2.6 sq mi
ZIP Area
5,685
Density / Sq Mi
$63,233
Median Household Income
$35,086
Median Earnings
$1,019
Median Rent
$228,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied duplex with separately metered utilities and an additional finished attic area in one unit.
Where is this duplex located?
The property is located at 1161 21st St Des Moines, IA.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 2,214‑square‑foot duplex with two residential units; Both units are occupied by long‑term tenants; Each unit includes 2 bedrooms and 1 bathroom
More about this property
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