Login

3920-3922 E 38th Street, Des Moines, IA 50317

Des Moines
Local realty services provided by:CENTURY 21 Signature Real Estate
3920-3922 E 38th Street,Des Moines, IA 50317
$240,000
  • 4 Beds
  • 2 Baths
  • 1,536 sq. ft.
  • Multi-family
  • Active
Listed by: pennie carroll, joe carroll
Office: pennie carroll & associates
MLS#:749497
Source:IA_DMAAR

Price summary

  • Price:$240,000
  • Price per sq. ft.:$156.25

About this home

Investors, here’s an opportunity to add two more doors to your portfolio! This tenant-occupied Des Moines duplex offers immediate income with additional potential for future rental growth. The ranch-style property features two units, each with its own kitchen and living space, along with off-street parking and a large 0.55-acre lot. Major property features include a brick exterior, central air, gas forced-air heat, city water and sewer. Located just off Hubbell Ave with convenient access to shopping, dining, employment and other Des Moines amenities. Priced at $240,000—just $120,000 per door. For investors looking to scale further, 3906–3908 E 38th St is also available nearby, creating an opportunity to acquire four doors in the same immediate area. Purchase this property individually or combine it with additional available duplexes to expand your Des Moines rental portfolio.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1973
  • Listing ID #:749497
  • Added:1 day(s) ago
  • Updated:September 18, 2026 at 05:55 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,536 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1973
  • Building area:1,536 sq. ft.
  • Lot area:0.55 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$240,000
  • Price per sq. ft.:$156.25
  • Tax amount:$4,171

New listings near 3920-3922 E 38th Street