1442 34th Street, Des Moines, IA 50311
MULTI_FAMILY - Other - Des Moines, IA
- Added:
- Jan 16, 2026
- Days on Market:
- 148
- Last Refresh:
- Jun 13 at 10:06 am
Property Features for 1442 34th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- N5
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
- Parking features
- Garage
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- APN
- 10004108000000
- Size
- 1,282 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- 1/2 VAC ALLEY LYNG W OF & ADJ TO & ALL LT 2 C W DOMBACKS SUB DIV
- Tax Annual Amount
- 3292
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Building materials
- MetalSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Laura Slavin License #2093000 (515) 202-4129
Listing office RE/MAX Precision 5465 Mills Civic Pkwy, Ste.200, Clive, IA (515) 223-9492
Listing date Jan 16, 2026
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.
HighLights
- Opportunity for investors or homeowners to live in one unit and rent the other.
- Two units provide income potential: one unit with 2 beds/1 bath, the other with 1 bed/1 bath.
- Large backyard with mature trees offers outdoor space and privacy.
- Convenient location close to parks, schools, and local amenities.
- Includes essential appliances: Refrigerator and Stove.
- Garage parking available.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.7k | $13.80 |
| − Vacancy | −$605 | −$0.47 |
| EGI | $17.1k | $13.33 |
| − OpEx | −$5.1k | −$4.00 |
| NOI | $12.0k | $9.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.663659
- Latitude
- 41.60551
