1434 Martin Luther King Jr Pkwy, Des Moines, IA, 50314

Location

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1434 Martin Luther King Jr Pkwy, Des Moines$183,900

Buyer Closing Credits

$2,184^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeResidential

Year Built1890

HeatingForced Air, Natural Gas

BasementYes

MLS #698307

Lot Size0.18 Acres

StatusActive

About 1434 Martin Luther King Jr Pkwy

Care for some income while building equity? This 6-bedroom, 2,100+ sq.ft. duplex may just be your ticket! The upper unit is currently rented on a month-to-month basis, while the ground-level unit is being held empty as some updates are being completed. The new owner should have at least three choices of how to maximize the value of this home: live in the lower unit, rent the lower unit for extra income, or convert the property back to one single family home and enjoy the 6 bedrooms all to yourself. Numerous properties close by have undergone extensive renovations, and the City of Des Moines is slated in 2024 to begin a $10,000,000+ public works building project just a block to the North, showing its commitment to the continued enhancement of this neighborhood.

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1890
• Stories: 2
• Living Area: 3,385 SqFt

Listing Office:

• Office Name: Network Realty
• Office Phone: (641) 792-1212
• Listing Agent: Dennis Combs

Interior Features

Interior Information:

• Basement: Yes

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 6

Lot Features

Lot Information:

• Lot Size: 0.18 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas

Other

Directions Information:

• Directions: Parking is accessed from the alley. Turn South into the alley from Clark Street, next to the Community Youth Concepts building. 2nd house south of the Youth Concepts building. Entrance to the ground unit is on the South side of the duplex.

Price Information

Listing Price Info

Price Summary:

• List Price: $183,900
• Price Per SqFt: $54/SqFt

Tax Information:

• Annual Amount: $2,032
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

Des Moines, IA

City

Med. Sold Price

$214.9K

Med. Price/SqFt

$190

Avg. Days On Market

32

# of Sold Homes

240

1434 Martin Luther King Jr Pkwy vs Des Moines

141 DAYS ON ROCKET

+109 Days

$183,900

-$31K Less

$54/SqFt

-$137 Less

KEY TAKEAWAY

This property is $31K less than the Median Sold Price and $137/SqFt less than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: DMAAR
• MLS Number: #698307

Listing Office:

• Office Name: Network Realty
• Office Phone: (641) 792-1212
• Listing Agent: Dennis Combs

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,032	$87,600
2020	$2,032	$78,400
2019	$2,000	$78,400
2018	$2,000	$75,200
2017	$1,894	$75,200

History based on county public records data.

Rocket Homes›Iowa›Polk County›Des Moines›50314›1434 Martin Luther King Jr Pkwy

This home is located at 1434 Martin Luther King Jr Pkwy in Des Moines, IA and zip code 50314 in the Drake neighborhood. This 3,385 square foot home, which was built in 1890, sits on a 0.18 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $183,900.

In October 2024 more than 39 listings in Des Moines, IA were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 139 were sold below. Between September 2024 and October 2024, Des Moines, IA real estate market has seen increase in the number of listings by 6.9%. In October 2024 median list price was $214,985 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.