Jennifer Weigel - Nerem & Associates Real Estate Logo
$159,900
 $858 est/mo Sourced by Back At You

2938 E Euclid Avenue,Des Moines, IA 50317

Des Moines, IA 50317

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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.

Details

MLS #743525
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusPending
Year1948
Days On Site61
Listing Provided ByGoSynergy Realty | Lindsay Prothero

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet1,275
BasementY
Acreage0.38

Taxes

Tax Annual Amount2412

Area Information

StateIA
CountyPolk
CityDes Moines
Zip Code50317
AreaDes Moines N.East
Listing VS Median (in 50317)
Price:
$159,900
low | high
Med:
$235,000
3.033145716073% of Average
sqft:
1,275
low | high
Med:
1,153
59.56862745098% of Average
$ / sqft:
$125
low | high
Med:
$204
12.988837447764% of Average
On site:
61
low | high
Med:
69.5
87.769784172662% of Average
Sourced by Back At You

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The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

Jennifer Weigel

Jennifer Weigel

Nerem and Associates

 (515) 230-5535jenniferaweigel@gmail.com
StateIA
CountyPolk
CityDes Moines
Zip Code50317
AreaDes Moines N.East
Listing VS Median (in 50317)
Price:
$159,900
low | high
Med:
$235,000
3.033145716073% of Average
sqft:
1,275
low | high
Med:
1,153
59.56862745098% of Average
$ / sqft:
$125
low | high
Med:
$204
12.988837447764% of Average
On site:
61
low | high
Med:
69.5
87.769784172662% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $119K - $199K
sqft: 956 - 1,500
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Listing Updated: August 4, 2026 at 6:42:32 PM PDT