Description
The KataLYST Team by KW Commercial Realty is pleased to exclusively present the opportunity to acquire eight standalone duplexes in the Des Moines marketplace, offered as a single package for sale with strong financials and a TRUE 7.61% Cap rate.
Positioned in the heart of one of the Midwest’s most stable workforce housing markets, this portfolio delivers immediate cash flow with the ability to increase returns through either; self-management or stronger long-term occupancy.
Details
Address: 2733-2897 Boston Ave.
City & State: Des Moines, IA 50310
Current Price: $1,695,000
Building SF: 12,200 SF
Lot Size: 1.08 Acres
Year Built: 1968
Documents
Property Highlights
- Eight (8) standalone duplexes offered as a single portfolio by The KataLYST Team at KW Commercial Realty
- Located in Des Moines, one of the Midwest’s most stable workforce housing markets
- Immediate day-one cash flow with rents ~6.8% below market, providing clear upside
- Five (5) properties with walkout basements; three (3) with existing windows suitable for egress conversion
- Repeatable value-add opportunity to create true three-bedroom units without heavy renovations
- Light value-add execution drives higher rents and forced appreciation
- Eligible for residential financing with flexible debt options
- Durable workforce housing with consistent occupancy and long-term rent growth














