Cross Property

duplex for sale

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Listed: 02/13/23

612 Bancroft Street, Des Moines, IA 50315, USA

Studio Bed:

12 Bath:

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Price

$ 895,000

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About This Duplex

This Cash flowing 12- unit portfolio consists of 4 Tri-Plexes next to one another. 100% occupancy. Rents have been increased to the maximum2022 HUDlimits and the property is 100% occupied. What I love about this property is the NEW roof, NEW windows, and brick exterior. Many of the units have certainty of rental collection via local rental assistance programs! All NEW Rental Certificates are in place. All units will be available to tour after an offer has been accepted.

Property Includes

Parking
Air Conditioning
Refrigerator
Roof Asphalt
Heating Forced Air
Fuel Heating Natural Gas

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Duplexes for sale in Des Moines

Indianola Hills Housing & Living

Household Income

Median household income: $49,999

Number of households: 83,916

The average household income in Des Moines, IA grew from $48,088 to $49,999 in the past year. This data is an estimate based upon 83,916 households in Des Moines, IA.
The chart below presents how household income is distributed in Des Moines, IA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Des Moines, IA compared to median property taxes around the country. The prevalent amount of property taxes in Des Moines, IA equals $3k+ , which is less than the national average.