5136 Ingersoll AveDes Moines, IA 50312

Property Details for 5136 Ingersoll Ave

Year built

1918

Property size (Sq ft)

3,315 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 5-unit apartment building, located at 5136 Ingersoll Avenue in Des Moines, Iowa, presents a compelling investment opportunity. Built in 1918, this two-story structure boasts a total of 3,315 square feet. The property consists of five individual units, each featuring one bedroom and one bathroom. Residents share convenient on-site laundry facilities. The building's prime location in Des Moines offers excellent potential for rental income and appreciation. All five units are being sold together in a single transaction, providing a streamlined acquisition process for investors. The property's address is 5136 Ingersoll Ave, Des Moines, IA 50312, situated within Polk County. This historic building represents a chance to acquire a well-established multifamily property in a desirable Des Moines neighborhood. The asking price for this turnkey investment is $489,900. This presents a rare opportunity to acquire a stable, cash-flowing asset in a thriving Iowa market. The property's age and character contribute to its unique charm and appeal, while its solid construction and established tenancy suggest a low-risk investment. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property.

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.5861

Longitude

-93.6886

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