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This Multifamily Property is no longer advertised on LoopNet.com.
4131 55th St
Des Moines, IA 50310
Multifamily Property For Sale
·
4 Units

Investment Highlights
- Unique Duplex Opportunity
- Purchase Caprate: 8.10%
- Tenants pay all utilities and take care of lawn care and snow removal
- NOI: $19,845
- Purchase CoC Return: 8.57%
- Fully occupied and managed!
Property Facts
| No. Units | 4 | Building Size | 2,643 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1947/2007 |
| Building Class | C | Parking Ratio | 3.03/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | N3A | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,643 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1947/2007 |
| Parking Ratio | 3.03/1,000 SF |
| Zoning | N3A |
Property Taxes
| Parcel Number | 100-00594000000 | Improvements Assessment | $211,200 |
| Land Assessment | $47,700 | Total Assessment | $258,900 |
Property Taxes
Parcel Number
100-00594000000
Land Assessment
$47,700
Improvements Assessment
$211,200
Total Assessment
$258,900
Listing ID: 29110407
Date on Market: 7/26/2023
Last Updated:
Address: 4131 55th St, Des Moines, IA 50310
The Merle Hay Multifamily Property at 4131 55th St, Des Moines, IA 50310 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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