2573 Onawa Street Des Moines, IA 50317
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 768 sqft
Price per Sqft $162
MLS Listing ID 733322
Style Bungalow
Bedrooms 2
Three Quarter Bath 1
HOA Y/N No
Year Built 1918
Annual Tax Amount $1,584
Lot Size 0.269 Acres
Acres 0.269
Property Sub-Type Residential
Property Description
Excellent opportunity to own a 2-bedroom, 1 partial-bath home offering 768 square feet of efficient living space on a generous .2690-acre lot, located just a couple blocks south of the new MLK Jr. Parkway with an easy 9-minute commute to downtown Des Moines per Google Maps. An open front porch adds charm and curb appeal, while off-street parking provides everyday convenience.
Currently tenant-occupied at $1,050 per month, this property offers immediate cash flow potential for investors, along with long-term upside driven by continued development and infrastructure improvements along the MLK Jr. Parkway corridor. The large lot size creates flexibility for outdoor use, future expansion, or additional value-add strategies.
Whether you're searching for an affordable primary residence, a buy-and-hold rental, or a property to add to a growing portfolio, this home combines location, income potential, lot size, and financing flexibility in one opportunity.
Location
State IA
County Polk
Area Des Moines East
Zoning N3C
Rooms
Basement Crawl Space
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Detached, Garage, One Car Garage
Garage Spaces 1.0
Garage Description 1.0
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Rectangular Lot
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Senior Community No
Tax ID 05000419000000
Monthly Total Fees $132
Acceptable Financing Cash, Conventional, Contract, FHA, VA Loan
Listing Terms Cash, Conventional, Contract, FHA, VA Loan
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