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Income-Producing Multifamily Property For Sale

717 Franklin Avenue Des Moines, IA 50314

717 Franklin Avenue, Des Moines, IA, 50314
$269,000
For Sale
$269,000

Six-unit multifamily property with income and parking.

Lot Size0.30 Acres
Days on Market280

Property Features for 717 Franklin Avenue

General Information

Standard status
Active
Lot size
0.30 Acres
Property subtype
Multi-Family

Building Details

Year Built
1901
Listing Agency Greater Des Moines
Listed by Abby Hausmann Virgil · License #S64723000
Source Kw
Added: Oct 11, 2025 Checked: Jul 17 at 4:51 am

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 Greater Des Moines


Investment Insights

Based on property information with market context.

This is a six-unit multifamily property that is currently income-producing. All units are rented, generating a total monthly income of $3850. There is potential for rent increases. The property includes a large basement suitable for landlord storage and a huge parking lot.

Key Highlights

  • Income‑producing property with all 6 units currently rented.
  • Monthly rental income of $3850.
  • Potential for rent increases.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Accounting Firm (Bike/Boat/Book/etc) Store Storage Facility Nail Salon

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

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property with income and parking.
Where is this apartment building located?
The property is located at 717 Franklin Avenue Des Moines, IA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Income‑producing property with all 6 units currently rented.; Monthly rental income of $3850.; Potential for rent increases.
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