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SINGLE_FAMILY - Other - Des Moines, IA
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.
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Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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