3509/3511 Keyes DriveDes Moines, IA 50315

Multi-Family · 4 Beds · 2 Full Baths · 1,600 Sq. ft. | 0.19 Acres
$279,000 Active

3509/3511 Keyes Drive Overview

Time on Site:
74 days
Visits:
40

Investor special in Des Moines! Duplex opportunity at 3509 & 3511 priced to move and ready for your value-add strategy. Whether you're looking to renovate, reposition, or expand your rental portfolio, this property offers strong upside potential. Each unit features a functional layout with solid bones, ideal for investors looking to add value through updates and improvements. Separate units provide multiple income streams and flexibility. Located in a high-demand rental area with convenient access to major employers, shopping, and transportation. With the right vision, this duplex offers excellent potential for long-term performance.

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3509/3511 Keyes Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,600
  • Price/Sq.ft. $174
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Des Moines Independent

Income/Expenses

  • Gross Income: 700.0

Building Information

  • Year Built: 1960

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: Des Moines S.West
  • Postal City: Des Moines

Rent/Lease Information

  • Lease Considered: false
  • Tenant Pays: Electricity,Water

Tax Information

  • Tax Annual Amount: 5585.01
  • Tax Year: 2026

General Information

  • Furnished: Furnished
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 01005876001000
  • Property Type: Multi Family
  • Zoning: R

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Below Grade Finished Area: 350.0
  • Building Area Total: 1600.0

General Information

  • Appliances: Dryer,Microwave,Refrigerator,Stove,Washer
  • Flooring: Laminate,Tile
  • Living Area: 1600.0
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Detached,Garage,One Car Garage

Lot Information

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Square Feet: 8280.0
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Water Available

3509/3511 Keyes Drive Neighborhood

Community

50315 (Des Moines) Demographics

37
Median Age
3,516
Population Density (per sq. mile)
27%
College Educated
$51,710
Estimated Median Income
8,933
Estimated Total Home Owners
5,516
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3509/3511 Keyes Drive Monthly Cost

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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3509/3511 Keyes Drive Market Data

Based on the last 30 days in this zip code

$236,757
Average List Price
$196
Average Price per Square Foot
50
Properties Sold
81
Average Days on Market
173
Properties for Sale
Calculations provided by Reliance Network

3509/3511 Keyes Drive History

Date Event Value Agent
6/15/2026Source: Central Iowa MLS Price Reduction
$279,000 -3.5%
6/15/2026Source: Des Moines Area Price Reduction
$279,000 -3.5%
4/16/2026Source: Central Iowa MLS Added to Database
April 16, 2026
4/16/2026Source: Des Moines Area Added to Database
April 16, 2026
Listing provided courtesy of RE/MAX Concepts-Ames- MLS# 738592MLS ProviderContact Information: (515) 276-2872