PRICE SLASHED!! Owner Retiring. This duplex might be the best buy out there. Nestled among single family homes in the Merle Hay area, this unique duplex is a great income producer. One side has 2 bedrooms 1 bath with 2nd floor laundry. The other side has 4 bedrooms, 2 baths, basement storage, and laundry facilities off garage. Believe it or not, the rent from the 4 bedroom unit covers your PITI so you can live in the 2 BR side for practically nothing. The tenants pay their own utilities except for water and sewer. Large 2 car attached garage and fenced yard. Needs a little TLC but priced $49,000 BELOW assessed value!!
Single-familyProperty Type
1947Year Built
8,400 sq ftLot Size
$104Est. Price/Sq.Ft.
2 car garageParking
Listed by Thomas Casey• Key Realty
Bought with OUTSIDE AGENT• OTHER
Bought with OUTSIDE AGENT• OTHER
Source:DMMLS #505245
Redfin Estimate
$274,520
$20K since sold in September 2024$11K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 30.2% higher than the average sale price ($211K) of 6 comparable homes.
PRICE SLASHED!! Owner Retiring. This duplex might be the best buy out there. Nestled among single family homes in the Merle Hay area, this unique duplex is a great income producer. One side has 2 bedrooms 1 bath with 2nd floor laundry. The other side has 4 bedrooms, 2 baths, basement storage, and laundry facilities off garage. Believe it or not, the rent from the 4 bedroom unit covers your PITI so you can live in the 2 BR side for practically nothing. The tenants pay their own utilities except for water and sewer. Large 2 car attached garage and fenced yard. Needs a little TLC but priced $49,000 BELOW assessed value!!
DMMLS #444829
Apr 29, 2015
Listing Removed
—
Nov 3, 2014
Listed
$139,000
$53/sq ft
Public Records
Jul 1, 2004
Sold
$138,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,608 (+2.1%)
$47,700 + $211,200
$258,900
2024
$4,514 (+3.2%)
$41,500 + $188,000
$229,500
2023
$4,374 (+0.8%)
$41,500 + $188,000
$229,500
2022
$4,340 (−0.5%)
$36,500 + $149,100
$185,600
2021
$4,360 (−8.9%)
$36,500 + $149,100
$185,600
2020
$4,788 (−1.0%)
$36,500 + $149,100
$185,600
2019
$4,838 (+1.0%)
$34,000 + $140,700
$174,700
2018
$4,788 (+7.9%)
$34,000 + $140,700
$174,700
2017
$4,438 (+13.6%)
$29,800 + $150,200
$180,000
2016
$3,908 (+6.5%)
$26,700 + $137,400
$164,100
2013
$3,670
$23,800 + $123,300
$147,100
Tax history for 4131 55th St
Year
Property tax
Land + Additions
Assessment*
2025
$4,608 (+2.1%)
$47,700 + $211,200
$258,900
2024
$4,514 (+3.2%)
$41,500 + $188,000
$229,500
2023
$4,374 (+0.8%)
$41,500 + $188,000
$229,500
2022
$4,340 (−0.5%)
$36,500 + $149,100
$185,600
2021
$4,360 (−8.9%)
$36,500 + $149,100
$185,600
2020
$4,788 (−1.0%)
$36,500 + $149,100
$185,600
2019
$4,838 (+1.0%)
$34,000 + $140,700
$174,700
2018
$4,788 (+7.9%)
$34,000 + $140,700
$174,700
2017
$4,438 (+13.6%)
$29,800 + $150,200
$180,000
2016
$3,908 (+6.5%)
$26,700 + $137,400
$164,100
2013
$3,670
$23,800 + $123,300
$147,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
N3A
Neighborhood District
N3a is intended to preserve the scale and character of residential neighborhoods developed predominantly during the 1950s, 1960s, and 1970s, typically in the ranch or split-level style pursuant to House B building type in section 135- 2.14 of this code.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Nov 3, 2022 • Final
Mechanical (residential) - hvac changeout
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 906
Bathroom Information
# of Full Baths: 3
# of Bathroom Fixtures: 1
Heating & Cooling
Heating Type: Forced Air Gas
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Building Style Type: Conventional
Exterior Wall: Wood Siding
Roof Shape Type: Gable
Building Type: Converted
Property Information
Subdivision Name: AVIATION PARK
Living Sq. Ft: 2,643
Building Sq. Ft: 4,209
# of Stories: 2
Stories Type: 2
Legal Description: LOTS 76 & 77 BLK E AVIATION PARK
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 660
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,400
Legal Lot Number: 76
Legal Block Number: E
Municipality Type: DES MOINES
Acres: 0.193
Depth Footage: 140
Front Footage: 60
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,643
Stories: 2.0
Lot Size: 8,400 square feet
Style: Single Family Residential
Year Built: 1947
Year Renovated: —
County: Polk County
APN: 10000594000000
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Moore Elementary School
Public K-5 • Assigned • 0.5mi
2/10
Meredith Middle School
Public 6-8 • Assigned • 0.6mi
5/10
Hoover High School
Public 9-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Des Moines, IA • 50310
Average low and high temperatures (°F)
31
14
40
20
59
35
64
45
75
52
83
64
86
69
83
65
81
59
71
49
50
34
38
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 4.1 hours in December, which is comparable to the
U.S. average for solar exposure.
10.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$261,000 – $316,000
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