2938 E Euclid AvenueDes Moines, IA 50317

Multi-Family · 6 Beds · 2 Full Baths · 1,275 Sq. ft. | 0.38 Acres
$179,900 Active

2938 E Euclid Avenue Overview

Time on Site:
8 days
Visits:
6

Excellent investment opportunity with this spacious duplex offering two 3-bedroom, 3-bath units on a large lot. Each unit features its own washer and dryer hookups and convenient rear parking. One unit was completely remodeled in 2026, while the other provides an opportunity for future value-add. The property is currently generating rental income with one unit leased at $650 per month and the other at $1,200 per month. A current rental certificate is in place through October 2027, providing added peace of mind for investors. Tenant occupied. Please do not disturb tenants. Serious, qualified buyers only. Property may be viewed upon acceptance of a contingent offer or with proof of funds or lender preapproval at the seller's discretion. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential with spacious floor plans, off-street rear parking, separate washer and dryer hookups for each unit, and an established rental history.

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2938 E Euclid Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,275
  • Price/Sq.ft. $141
  • Lot 0.38 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Des Moines Independent

Building Information

  • New Construction: false
  • Year Built: 1948

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: Des Moines N.East
  • Postal City: Des Moines

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 2412.0

General Information

  • Listing Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
  • Parcel Number: 06002608000000
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Senior Community: false

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 6

Building Interior

  • Below Grade Finished Area: 200.0
  • Building Area Total: 1275.0

General Information

  • Appliances: Refrigerator,Stove
  • Foundation Details: Block
  • Laundry Features: Main Level
  • Living Area: 1275.0
  • Main Level Bedrooms: 6

Exterior

Lot Information

  • Lot Size Acres: 0.379
  • Lot Size Area: 0.379
  • Lot Size Dimensions: 55X300
  • Lot Size Square Feet: 16500.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Duplex
  • Construction Materials: Metal Siding
  • Roof: Asphalt,Shingle
  • Structure Type: Duplex

General Information

  • Sewer: Public Sewer

2938 E Euclid Avenue Neighborhood

Community

50317 (Des Moines) Demographics

36
Median Age
1,581
Population Density (per sq. mile)
24%
College Educated
$55,294
Estimated Median Income
9,782
Estimated Total Home Owners
4,229
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
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.

2938 E Euclid Avenue 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.

2938 E Euclid Avenue Market Data

Based on the last 30 days in this zip code

$254,540
Average List Price
$202
Average Price per Square Foot
44
Properties Sold
106
Average Days on Market
216
Properties for Sale
Calculations provided by Reliance Network

2938 E Euclid Avenue History

Date Event Value Agent
6/22/2026Source: Des Moines Area Added to Database
June 22, 2026
Listing provided courtesy of GoSynergy Realty- MLS# 743525MLS Provider