This well-maintained 4-plex is a prime investment opportunity in the heart of Windsor Heights. Located in the WDM school district with quick access to shopping, dining, and major commuter routes, the property has a strong rental history with low vacancy and solid cash-on-cash returns. Each unit offers 2 bedrooms, 1 bathroom, a spacious living area, and a functional kitchen with updated appliances and clean, simple finishes. Recent major improvements include a full roof replacement in 2021, many new appliances, and two new hvac systems. The exterior features low-maintenance brick and modest landscaping. Tenants enjoy the convenience of a detached garage stall, and the additional 1.5-car garage is ideal for owner storage. Fully occupied and well cared for, this property is a great addition to any rental portfolio-and an even better house-hack opportunity for new investors looking to live in one unit while building equity.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: ForcedAir, Gas, NaturalGas
- Heating: Yes
Land Info
- Lot Size Acres: 0.409
- Lot Size Dimensions: 89X200
- Lot Size Square Feet: 17800
Garage and Parking
- Garage Spaces: 4
- Parking Features: Detached, Garage
Exterior and Lot Features
- Road Surface Type: Asphalt
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School District: West Des Moines
- High School District: West Des Moines
- Middle or Junior School District: West Des Moines
Multi-Unit Info
Rental Info
- Lease Considered: No
- Tenant Pays: Electricity
Other Property Info
- Annual Tax Amount: 8401
- Source Listing Status: Pending
- County: Polk
- Directions: From University Ave in Windsor Heights turn right onto 70th St. Turn left onto Forest Ct. Turn left onto 72nd St.
- Source Property Type: MultiFamily
- Area: Windsor Heights
- Source Neighborhood: Windsor Heights
- Owner Pays: Water
- Parcel Number: 29200961000000
- Postal City: Windsor Heights
- Postal Code Plus 4: 1310
- Zoning: R-3
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 4586
- Year Built: 1957
- Building Area Total: 4586
- Construction Materials: Brick
- Foundation Details: Block
- Property Age: 68
- Roof: Asphalt, Shingle
- Structure Type: Apartment, MultiFamily
Utilities
- Sewer: PublicSewer
- ElectricityAvailable
- WaterAvailable
- Water Source: Public