Properties

Excellent investment opportunity in Valley Junction! 317 7th St West Des Moines, IA triplex offers three separate rental units: two main-floor units and a spacious upper unit with two bedrooms and an additional flex space in the finished attic. Unit 101 and 103 are both studio apartments with a living area, spacious kitchen and full bathroom. Unit 201 consists of 2 bedrooms, separate kitchen and living room plus an additional flex space in the finished attic area! Built in 1920 with insulated exterior walls, the property combines historic character with important updates, including a new water heater (2023) and multiple electrical upgrades throughout the years. Tenants will appreciate the open layout, functional updates, and easy access to nearby shopping, dining, and events in the heart of Historic Valley Junction. The home also features backyard parking with alley access, providing practical off-street parking for multiple occupants. With strong rental demand in this area, this triplex is ideal for investors looking to expand their portfolio or owner-occupants seeking additional income. A rare opportunity to own a multi-unit property in one of West Des Moines' most desirable neighborhoods. All information obtained by Seller and public records.

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.