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Brick Duplex with Detached Garage
For Sale
$320,000

735/737 Leach Avenue Des, Des Moines, IA 50315

Two-unit property with one vacant residence and one tenant-occupied unit.

Property SizeContact for details
Days on Market122

Property Features for 735/737 Leach Avenue Des

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes

Amenities

Forced Air
Gas
Natural Gas
Central Air
Built-In Oven
Cooktop
Dryer
Dishwasher
Microwave
Refrigerator
Washer
Asphalt, Shingle

Building Details

Year Built 1983
Buildings 1
Construction brick
Listing Agency: Greater Des Moines
Listed By: Darson Grantham · License #S68402000
Source: Kw
Added: Apr 30 Changed: Aug 28 Last Checked: Aug 29 at 5:03PM

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 brick duplex, built in 1983, includes two separate residences with distinct layouts. The vacant unit offers 2 bedrooms, 2 bathrooms, and a finished basement containing 2 non-conforming rooms that can serve as living, office, or storage areas. The second residence has 2 bedrooms and 1 bathroom and is currently occupied by a tenant.

The property also includes an oversized detached 2-car garage and a large lot. Located on Leach Avenue near SW 9th, it provides access to downtown, local shops, restaurants, and major corridors. Interior features include forced-air heating, natural gas, central air, a built-in oven, cooktop, dishwasher, microwave, refrigerator, washer, and dryer.

Key Highlights

  • Brick duplex built in 1983
  • Vacant 2‑bedroom, 2‑bath unit with finished basement
  • Finished basement includes 2 non‑conforming rooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Accounting Firm

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

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

Demographics for 50315, IA

36,693
Population
16,579
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
87%
High-School Grad
10.3 sq mi
ZIP Area
3,562
Density / Sq Mi
$62,036
Median Household Income
$41,311
Median Earnings
$977
Median Rent
$164,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-unit property with one vacant residence and one tenant-occupied unit.
Where is this duplex located?
The property is located at 735/737 Leach Avenue Des Des Moines, IA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Brick duplex built in 1983; Vacant 2‑bedroom, 2‑bath unit with finished basement; Finished basement includes 2 non‑conforming rooms
More about this property
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