1429 Martin Luther King Jr Parkway, Des Moines, IA 50314
Local realty services provided by:CENTURY 21 Signature Real Estate
1429 Martin Luther King Jr Parkway,Des Moines, IA 50314
$142,500
- 5 Beds
- 2 Baths
- 2,544 sq. ft.
- Multi-family
- Active
Listed by: seth walker
Office: re/max concepts
MLS#:738465
Source:IA_DMAAR
Price summary
- Price:$142,500
- Price per sq. ft.:$56.01
About this home
This duplex offers a fantastic investment opportunity with strong cash flow potential. Featuring one 2 bedroom unit and one 3 bedroom unit, this property provides flexibility and solid rental appeal. Tenants will appreciate the ample off street parking and convenient alley access. Centrally located with easy access to downtown and the entire metro, it is ideally positioned for consistent demand. Projected rental income of $1800 per month makes this a great addition to any investment portfolio.
Contact an agent
Home facts
- Year built:1905
- Listing ID #:738465
- Added:132 day(s) ago
- Updated:August 25, 2026 at 07:44 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,544 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1905
- Building area:2,544 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Two Story
- Construction Materials:Vinyl Siding
- Foundation Description:Brick/Mortar, Stone
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$142,500
- Price per sq. ft.:$56.01
- Tax amount:$2,468
New listings near 1429 Martin Luther King Jr Parkway
- New
$334,900Active5 beds 4 baths1,950 sq. ft.2400 Watrous Avenue, Des Moines, IA 50321
MLS# 747788Listed by: REALTY ONE GROUP IMPACT - New
$319,000Active3 beds 3 baths1,560 sq. ft.6820 Sweetwater Drive, Des Moines, IA 50320
MLS# 747819Listed by: REALTY ONE GROUP IMPACT - New
$269,900Active3 beds 2 baths1,548 sq. ft.1006 Knob Hill Drive, Des Moines, IA 50317
MLS# 747843Listed by: LPT REALTY, LLC - Open Sun, 1 to 3pmNew
$250,000Active3 beds 1 baths1,008 sq. ft.3211 Lindlavista Way, Des Moines, IA 50310
MLS# 747833Listed by: FATHOM REALTY - Open Sat, 1 to 3pmNew
$260,000Active3 beds 1 baths948 sq. ft.2906 SE 20th Street, Des Moines, IA 50320
MLS# 747772Listed by: KELLER WILLIAMS REALTY GDM - New
$215,000Active3 beds 2 baths1,092 sq. ft.2966 Hubbell Avenue, Des Moines, IA 50317
MLS# 747832Listed by: RE/MAX REVOLUTION - New
$240,000Active4 beds 2 baths928 sq. ft.2024-2026 E Caulder Avenue, Des Moines, IA 50320
MLS# 747817Listed by: PENNIE CARROLL & ASSOCIATES - New
$549,000Active3 beds 3 baths1,725 sq. ft.6045 N Waterbury Road, Des Moines, IA 50312
MLS# 747824Listed by: IOWA REALTY MILLS CROSSING - New
$339,900Active3 beds 4 baths1,740 sq. ft.3205 SE 24th Court, Des Moines, IA 50320
MLS# 747735Listed by: IOWA REALTY SOUTH - New
$179,900Active2 beds 2 baths864 sq. ft.2300 Dean Avenue, Des Moines, IA 50317
MLS# 747776Listed by: REAL BROKER, LLC