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Duplex Residential Income Property

4025/4027 79th Street Urbandale, IA 50322

New
4025/4027 79th Street, Urbandale, IA, 50322
$279,900
For Sale
Claim this Listing
$279,900

MULTI_FAMILY - Ranch - Urbandale, IA

Property Size1,408 SF
Lot Size0.26 Acres
Price / SF$198.79
AddedJul 15
Days on Market1
Last RefreshJul 15 at 6:06 pm

Property Features for 4025/4027 79th Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1S
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2
Appliances
Dryer, Microwave, Refrigerator, Stove, Washer
Standard status
Active
APN
31202612811000
Size
1,408 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Description
LOT 1 RICHARDS PARK PLAZA PLAT 4
Tax Annual Amount
4173

Utilities

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

Building Details

Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Carpet
Building materials
Brick, VinylSiding
Roof type
Shingle, Asphalt
Architectural style
Ranch

Listing agent Deb Stokka License #S535011000

Listing office RE/MAX Precision 709 SW 3rd Street, Clive, IA

Listing date Jul 15, 2026

MLS# 745193 Listing URL

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 duplex offers a functional layout with a spacious living/family room, a well-sized kitchen, and two bedrooms with a full bath. The walkout basement includes convenient laundry. The unit configuration also includes private outdoor space/yard. The seller notes that major components have been updated, including the roof, HVAC, and siding.

The property is zoned R-1S and located at 4025/4027 79th Street in Urbandale, Iowa (Polk County). According to public remarks, two additional duplexes on the same street are available for sale as part of a package or individually.

The duplex provides a straightforward residential income setup with in-unit appliances included, and a configuration designed for comfortable everyday living while maintaining dedicated outdoor space.

Key Highlights

  • Duplex with ranch architectural style, built in 1972
  • All‑appliances included: refrigerator, stove, microwave, washer, and dryer
  • Central air cooling plus forced‑air natural gas heating

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 $18.9k $13.44
− Vacancy −$1.1k −$0.77
EGI $17.8k $12.67
− OpEx −$5.4k −$3.80
NOI $12.5k $8.87
1,408 SF · lease $13.44/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$178.4K
$156.1K – $208.2K (±1% cap)
NOI $12,491 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$156.0K
$136.5K – $182.0K (±1% cap)
NOI $10,919 @ 7.0% cap · market cap 3.90%
Theoretical Best
Flex RnD
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $94,877 @ 7.0% cap · market cap 33.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Real Estate Agency HVAC Service Electrical Service Locksmith Bakery (Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods

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

FAQs

What type of property is this?
Duplex - Duplex for sale with two bedrooms, full bath, and a walkout basement with convenient laundry and private outdoor space.
Where is this duplex located?
The property is located at 4025/4027 79th Street Urbandale, IA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Duplex with ranch architectural style, built in 1972; All‑appliances included: refrigerator, stove, microwave, washer, and dryer; Central air cooling plus forced‑air natural gas heating
Contact an agent
More about this property
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