29 MckinleyDes Moines, IA 50315

  • Residential income properties
  • 17,241 SF
Off market
$1,633,500 Estimated

Property Details for 29 Mckinley

Year built
1980
Construction
FRAME
Lot size
1.06 AC
Property size (Sq ft)
17,241 SF
Zone code
R-3
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
120/05818-002-000
APU
12005818002000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,727,868
    6.5%
    $3,441,109
    7%
    $3,195,316
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,363,970
    Method 2
    $1,363,970
  • Alternative Use

    Use
    Valuation
    Residential
    $3,441,109
    Hospitality
    $3,152,037
    Educational
    $2,622,458
    Medical
    $2,712,648
    Retail
    $4,079,379
29 Mckinley, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5404
Longitude
-93.6146
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,226,000
  • Assessed land value
    $124,000
  • Assessed value
    $1,350,000
  • Tax year
    2020
  • Tax bill
    $30,352

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