1134 39th StreetDes Moines, IA 50311

Multi-Family · 3 Beds · 2 Full Baths · 2,187 Sq. ft. | 0.15 Acres
$229,900 Active

1134 39th Street Overview

Time on Site:
166 days
Visits:
27

Ideal Investment Opportunity! Nestled in a quiet cul-de-sac street just off University Avenue, this well-maintained duplex is perfect for investors or someone looking for a place to live while supplementing their income. The main level unit is currently occupied by long-term tenants and features 2 bedrooms, 1 bath, a cozy living room, formal dining room, kitchen, and an additional office/bonus room. The basement provides ample extra storage space for tenant convenience, plus a shared washer and dryer. The upper-level is a 1 bed, 1 bath unit with a large living room area. Upper unit is also occupied as of April 1, 2026. The upper unit was recently updated with new paint, stove, and flooring. City of Des Moines rental certificate is good through August 23, 2027. Both units are equipped with newer separate water heaters and furnaces. Located close to amenities and transportation, this property offers incredible potential for passive income or multi-generational living. Don't miss your chance to own this fantastic investment property in a prime Des Moines location.

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1134 39th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,187
  • Price/Sq.ft. $105
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Des Moines Independent

Building Information

  • Year Built: 1920

Location/Region

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

Rent/Lease Information

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

Tax Information

  • Tax Annual Amount: 3992.0
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 09003446000000
  • Property Type: Multi Family
  • Zoning: N5

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 2187.0

General Information

  • Foundation Details: Brick/Mortar
  • Levels: One and One Half
  • Living Area: 2187.0

Exterior

Lot Information

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.152
  • Lot Size Area: 0.152
  • Lot Size Dimensions: 50X132
  • Lot Size Square Feet: 6600.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: One and One Half Story
  • Construction Materials: Wood Siding
  • Roof: Asphalt,Shingle

General Information

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

1134 39th Street Neighborhood

Community

50311 (Des Moines) Demographics

29
Median Age
6,344
Population Density (per sq. mile)
52%
College Educated
$55,066
Estimated Median Income
3,085
Estimated Total Home Owners
2,994
Estimated Total Renters
51% / 49%
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.

1134 39th Street 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.

1134 39th Street Market Data

Based on the last 30 days in this zip code

$264,849
Average List Price
$181
Average Price per Square Foot
27
Properties Sold
131
Average Days on Market
93
Properties for Sale
Calculations provided by Reliance Network

1134 39th Street History

Date Event Value Agent
2/20/2026Source: Des Moines Area Price Reduction
$229,900 -4.2%
1/14/2026Source: Des Moines Area Added to Database
January 14, 2026
Listing provided courtesy of PMI Realty Central Iowa- MLS# 732873MLS ProviderContact Information: (515) 314-3997