4309 9Th StDes Moines, IA 50315

This exceptional investment opportunity presents two adjacent buildings totaling 6,000 square feet situated on a 0.31-acre lot at 4309 & 4311 SW 9th Street in Des Moines, Iowa, zip code 50315. The property is zoned RX1 and offers a compelling chance to acquire a portfolio with significant upside. The buildings are separated by a shared driveway/alley and include 10 parking spaces. Building 4309 features two separately metered units with individual entrances. One unit currently has a tenant interested in renewing their lease under new ownership. Building 4311 will be vacant upon sale. Current rental income is below market value, presenting a strong potential for increased revenue and a cap rate approaching 10% with market-rate adjustments. This prime location on the SW 9th corridor offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking immediate cash flow and long-term appreciation in a thriving Des Moines market. The asking price for this portfolio is $530,000.