2938 E Euclid Avenue, Des Moines, IA 50317
Polk County
Key Facts
Description
Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add. The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors. Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.
Property Information
Property Type
Residential
Sub-Type
Duplex
Structure Type
Duplex
Year Built
1948
Living Area
1,275 sq ft
Lot Size
0.38 acres
Lot Dimensions
55X300
Days on Market
21
MLS® Listing#
743525
Property Features
Appliances
Cooling
Heating
Basement
Laundry
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,412
Parcel Number
06002608000000
Directions
From I-235, take the East 14th Street exit and head north. Turn right onto E Euclid Avenue. Property is located on the north side of E Euclid Avenue at 2938 E Euclid with rear parking access
Affordability Calculator
$31,980
Estimated monthly payment
$851/mo
Principal $127,920 · Est. interest $178,460 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Des Moines, IA
- $294,567
- Median Listing Price
- 57
- Median Days on Market
- 1,410
- Median Sq Ft
- $203
- Median Price / Sq Ft
- 1,324
- Active Listings
- This home’s price is 46% below the area median.
- Its price per sq ft is 38% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Des Moines, IA.
Location
Points of Interest in Des Moines, IA
Showing the Des Moines area map.
Nearby Schools
Goodrell Middle School
Secondary · 0.3 mi away
Garton Elementary School
Elementary · 0.9 mi away
Grand View Christian School
School · 1.1 mi away
St. Josephs Catholic Church
School · 1.1 mi away
Grand View Christian School
School · 1.4 mi away
Grandview Park Baptist Church
School · 1.4 mi away
McKee Elementary School
Elementary · 1.4 mi away
Des Moines Public Schools
Secondary · 1.4 mi away
Brubaker Elementary School
Elementary · 1.5 mi away
Phillips Elementary School
Elementary · 1.5 mi away
Stowe Elementary School
Elementary · 1.6 mi away
Delaware Elementary School
Elementary · 2.1 mi away
Cattell Elementary School
Elementary · 2.3 mi away
Madison Elementary School
Elementary · 2.5 mi away
Willard Elementary School
Elementary · 2.6 mi away
Hiatt Middle School
Secondary · 2.7 mi away
Harding Middle School
Secondary · 2.9 mi away
Capitol View Elementary School
Elementary · 3.0 mi away
Findley Elementary School
Elementary · 3.0 mi away
Holy Family School
Secondary · 3.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1448 8th Street, Des Moines, IA | $115,000 | 5 | 2 | 2,842 |
| 1430 8th Street, Des Moines, IA | $129,000 | 6 | 6 | 2,430 |
| 1429 Martin Luther King Jr Parkway, Des Moines, IA | $150,000 | 5 | 2 | 2,544 |
| 1325 6th Avenue, Des Moines, IA | $155,000 | 6 | 3 | 2,167 |
| 2803 E Grand Avenue, Des Moines, IA | $174,900 | 5 | 2 | 2,081 |
| 401 Franklin Avenue, Des Moines, IA | $200,000 | 5 | 3 | 2,381 |
Moving Cost Estimate
EXIT Agents in Des Moines
Listing Courtesy: GoSynergy Realty - 5154412173