About This Home

This 6-bedroom, 2-bathroom residential multi family at 1022 Mckinley Avenue in Des Moines, IA is listed for $275,000 ($141 per sqft). Built in 1971, the home offers 1,944 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1971
  • 0.24 acre lot
  • 2 stories

Property Details

2 stories
2 full
1971

Amenities

A/C
Listing Description

This well-sized 3-bedroom, 1-bath walkout duplex is ideally located just off McKinley Ave in a desirable South Des Moines neighborhood. Both units are currently rented at $1,200/month, offering immediate income. Tenants are responsible for all utilities-including water, sewer, storm water, gas, and electric, as well as snow removal and lawn care, helping keep expenses low.

Conveniently located near shopping, dining, and everyday essentials along SE 14th St, with easy access to Gray's Lake Park and Water Works Park, and just minutes from downtown Des Moines. Recent updates include a new roof in 2020 and water heaters replaced in 2023 and 2012.

Additional features include a basement toilet in unit 1024, a spacious backyard, and a functional layout. This property offers strong potential for investors looking to enhance value and maximize returns in a prime location. All information obtained from seller and public records.

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

1022 Mckinley Avenue

Des Moines, IA 50315

Property Details

Flooring

CarpetVinyl

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

DishwasherMicrowaveRefrigeratorStove

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 1022 Mckinley Avenue is listed at $275,000 ($141/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 0.24 acre lot, 2 stories.

This property is listed by Dustin Kupka.

DK

Dustin Kupka

Agent at RE/MAX Precision

Listed by RE/MAX Precision · Broker phone: (515) 223-9492 · View on Broker Site · Broker website

MLS# 737820· Source: Des Moines Area Association of REALTORS®, Inc.· 206 days on PropertySimple

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1022 Mckinley Avenue, Des Moines, IA 50315

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