Value-Add Triplex Conversion Opportunity
This property is currently used as a single-family home, but it presents an excellent value-add opportunity for conversion into a tri-plex. At present, the building does not have a rental certificate, making it ideal for an investor or developer ready to update, renovate, and bring it up to code while unlocking its full income potential.
With the right improvements, this property can be transformed into a profitable multi-unit rental, appealing to tenants seeking modern, comfortable living spaces. Its current layout and structure provide a strong foundation for maximizing rental income in a high-demand market.
This is a rare chance to convert a single-family property into a thriving investment asset, creating long-term value while taking advantage of a flexible redevelopment opportunity.
Legal: LOT 280 MANNS 2ND ADD TO LAKE PARK
731394
$144,900
Sale
Residential
ThreeStory
Residential
3215 7th Street
Des Moines
Polk
IA
50313
4
2881
2
2
3
Unfinished
2881
6500
Attached, Garage, TwoCarGar
2
Des Moines N.West
1507.26
1896
Des Moines Independent
1
ThreeStory
Hardwood
Microwave, Refrigerator, Stove
NaturalGas, Radiant
Public
PublicSewer
No
LPT Realty, LLC, Benjamin Grotzke (515.745.0425)
Listed by : HOMES IOWA LLC, SCOTT KACHER (515.205.3633)
Listed by : CENTURY 21 SIGNATURE, TAYLOR HIRD (515.402.6026)
Listed by : PLATINUM REALTY LLC, KAREN NING (515.777.4155)
Listed by : LPT REALTY, LLC, JENNIFER AGUIRRE (515.779.9047)
Listed by : KELLER WILLIAMS REALTY GDM, KARLA ALANIZ (515.897.9027) & KELLER WILLIAMS REALTY GDM, JORGE IBARRA (515.497.8133)
Listed by : KELLER WILLIAMS REALTY GDM, KARLA ALANIZ (515.897.9027) & KELLER WILLIAMS REALTY GDM, JORGE IBARRA (515.497.8133)