$300,000
$150K PRICE INCREASE

1079 22nd St Des Moines, IA 50311

Drake Neighborhood

Estimated payment $1,823/month

Total Views 2,011
-- Bed
-- Bath
3,812 Sq Ft
$79 Price per Sq Ft

About This Home

This cash-flowing 6-unit property features flexible month-to-month tenants and currently generates $4,185 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

Listing Agent

Jeff Downing

LPT Realty, LLC Listed on: 08/15/2025

LPT Realty, LLC

Co-Listing Agent

Randy Murphy

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1892

Lot Details

  • 9,044 Sq Ft Lot
  • Lot Dimensions are 66x136

Home Design

  • 3,812 Sq Ft Home

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 03000878000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,870

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 78.70
  • Year Built: 1892
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Bsmt: 1906
  • Living Area Sq Ft: 3812
  • Total Sq Ft: 3812

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2080
  • Lot S F: 9044
  • Lot Size: 66X136
  • Assessor Parcel Number: 03000878000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 2870.00
  • Net Taxes: 2870.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,774 $141,000 $15,300 $125,700
2023 $2,710 $141,000 $15,300 $125,700
2022 $3,168 $115,000 $12,800 $102,200
2021 $2,804 $115,000 $12,800 $102,200
2020 $3,150 $93,900 $11,600 $82,300
2019 $2,762 $93,900 $11,600 $82,300
2018 $2,938 $78,000 $11,600 $66,400
2017 $2,762 $78,000 $11,600 $66,400
2016 $2,880 $70,500 $9,500 $61,000
2015 $2,880 $70,500 $9,500 $61,000
2014 $2,794 $62,500 $9,500 $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $300,000 +100.0% $79 / Sq Ft
08/15/2025 08/15/25 For Sale $150,000 -- $39 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 724441

Des Moines Area Association of REALTORS®

APN: 030-00878000000

Iowa Polk County Des Moines 50311 Drake

1079 22nd St, Des Moines, IA

This home is located at 1079 22nd St, Des Moines, IA 50311 and is currently priced at $300,000, approximately $78 per square foot. This property was built in 1892. 1079 22nd St is a home located in Polk County with nearby schools including Callanan Middle School and Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Jeff Downing
Listing Agent
Jeff Downing
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LPT Realty, LLC
(515) 800-7184