Updated Duplex with
For Sale
$200,000
Pending
401 Franklin Avenue, Des Moines, IA 50314
Residential, Duplex, Residential, Des Moines, IA
Property Size2,381 SF
Lot Size0.19 Acres
Days on Market118
Property Features for 401 Franklin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RES
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2
Appliances
Cooktop, Refrigerator
Lot features
Rectangular Lot
Elementary school district
Des Moines Independent
Middle school district
Des Moines Independent
High school district
Des Moines Independent
Directions
6th Ave, N to Franklin Ave and take a right onto Franklin.
Subdivision
Des Moines N.West
Standard status
Pending
APN
08000150001000
Size
2,381 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
-EX N 6F- E 2F W 1/2 LOT 11 RIVERVIEW PARK; AND ALL LOTS 11 & 12 W OF A LINE DRAWN FROM A PT 4 FT E OF NW COR LOT (complete is on assessor)
Tax Annual Amount
3196
Legal Description
-EX N 6F- E 2F W 1/2 LOT 11 RIVERVIEW PARK; AND ALL LOTS 11 & 12 W OF A LINE DRAWN FROM A PT 4 FT E OF NW COR LOT (complete is on assessor)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1901
Building materials
VinylSiding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Realty ONE Group Impact
(515) 446-7524
Listed By:
Meghan O'Brien
(515) 554-5312
Added: May 7
Changed: Aug 19
Last Checked: Sep 1 at 10:06AM
MLS# 740254
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.
Investment Insights
Based on property information with market context.
This 2381-square-foot duplex includes two residential units within a 1901-built property. The main-level unit has two bedrooms, two bathrooms, a dining area, and an open-concept arrangement. The second unit occupies the second floor with two bedrooms and one bathroom, plus a third-floor bedroom or loft. The layout can also support conversion to a single-family residence.
Recent improvements include central air serving both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Additional property features include vinyl siding, asphalt shingle roofing, natural-gas forced-air heat, public water, and public sewer. The property is zoned RES and occupies 0.192 acres at 401 Franklin Avenue in Des Moines, Iowa.
Recent improvements include central air serving both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Additional property features include vinyl siding, asphalt shingle roofing, natural-gas forced-air heat, public water, and public sewer. The property is zoned RES and occupies 0.192 acres at 401 Franklin Avenue in Des Moines, Iowa.
Key Highlights
- Two‑unit duplex with 2381 square feet of property size
- Main‑level unit includes 2 bedrooms, 2 bathrooms, dining area, and open‑concept living
- Second unit offers 2 bedrooms, 1 bathroom, and a third‑floor bedroom or loft
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 50314, IA
11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer flexible rental or owner-occupant use with refreshed interiors and separate living arrangements.
Where is this duplex located?
The property is located at 401 Franklin Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑unit duplex with 2381 square feet of property size; Main‑level unit includes 2 bedrooms, 2 bathrooms, dining area, and open‑concept living; Second unit offers 2 bedrooms, 1 bathroom, and a third‑floor bedroom or loft
