1533 E 36th Street, Des Moines, IA 50317

Priced at $130,000, more than $30,000 below its current assessed value, this three-bedroom East Side ranch offers an affordable opportunity to make a home your own. The layout includes all three bedrooms and the full bathroom on the main floor. You'll also have an unfinished basement, a 19x20 detached garage, and a generous 0.35-acre lot.

The home needs some repairs and updates, but depending on your expectations, you may be able to move able to move in and improve it over time. Two important updates are already complete, including a new central A/C in 2026 and a roof replacement in 2020. Conveniently located near East Side shopping, dining, and major routes. If you've been waiting for an affordable three-bedroom home with a garage, basement, large yard and room to add value, this one deserves a closer look.