NOT LISTED FOR SALE

Estimated Value: $124,000 - $148,627

Studio
2 Baths
1,874 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2026

Last sale price $125,000 $67 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $918 / mo

57 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Asbestos
  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Drake Park

About This Home

As of April 2026

Looking for a smart investment in a neighborhood that keeps getting better? This two-story home has been converted into a duplex in the heart of the growing Drake University area—offering flexibility whether you’re an owner-occupant or a long-term investor. Live in one unit and let the other help offset your mortgage, or keep both units rented and enjoy steady cash flow from day one. Both units feature 2 bedrooms and 1 bathroom and currently rent for $730 each. Tenants pay their own electric bill, while water and gas is paid by the landlord. The rental certificate will be provided upon request. Opportunities like this don’t hang around long—especially at this price point. Schedule your showing before someone else does.

Last Agent to Sell the Property

Darson Grantham

Keller Williams Realty GDM Listed on: 01/15/2026

Keller Williams Realty GDM

Last Buyer's Agent

Brett Opdahl

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1908

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 40x160

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 1,874 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 03001489000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,337

Year Built

Built in 1908

Lot Details

6,400 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 72.04
  • Sp Amt Sq Ft: 66.70
  • Termite: Follow Showing Instructions
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: See Remarks
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1874
  • Total Sq Ft: 1874

Exterior Features

  • Exterior: Asbestos
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1470
  • Lot S F: 6400
  • Lot Size: 40X160
  • Assessor Parcel Number: 03001489000000
  • Zoning: N5

Tax Info

  • Gross Taxes: 2337.00
  • Net Taxes: 2337.00
  • Tax Year: 2025

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2026
Closed on
Apr 20, 2026
Sold by
Bought by
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Brett Opdahl
RE/MAX Precision
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Views
528
Current Estimated Value
$136,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,314
Avg. Annual Appreciation
37.84%

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 1, 2022
Sold by
Bought by
Seller's Agent
Sonja Winter
Keller Williams Realty GDM
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$129,999
Sold Price
$129,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.07%
Original Mortgage
$123,499
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jul 2, 2014
Sold by
Bought by
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Stephanie Dart
RE/MAX Concepts
List Price
$49,000
Sold Price
$23,000
Premium/Discount to List
-$26,000
-53.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 None Listed On Document
$130,000 --
$23,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $123,499
Previous Owner $470,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2026 04/22/26 Sold $125,000 -7.4% $67 / Sq Ft
03/13/2026 03/13/26 For Sale $135,000 0.0% $72 / Sq Ft
03/13/2026 03/13/26 Pending -- -- --
02/25/2026 02/25/26 Price Changed $135,000 -3.6% $72 / Sq Ft
01/15/2026 01/15/26 For Sale $140,000 +7.7% $75 / Sq Ft
09/01/2022 09/01/22 Sold $129,999 0.0% $69 / Sq Ft View Prior Sale
08/10/2022 08/10/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $129,999 0.0% $69 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $129,999 +465.2% $69 / Sq Ft
07/02/2014 07/02/14 Sold $23,000 -53.1% $16 / Sq Ft View Prior Sale
06/06/2014 06/06/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $49,000 -- $33 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,104 $124,000 $25,900 $98,100
2024 $2,104 $107,000 $22,300 $84,700
2023 $1,958 $107,000 $22,300 $84,700
2022 $1,944 $83,100 $18,000 $65,100
2021 $1,826 $83,100 $18,000 $65,100
2020 $1,898 $73,200 $16,000 $57,200
2019 $1,854 $73,200 $16,000 $57,200
2018 $1,836 $69,000 $11,800 $57,200
2017 $1,694 $69,000 $11,800 $57,200
2016 $1,650 $62,600 $10,700 $51,900
2015 $1,650 $62,600 $10,700 $51,900
2014 $1,552 $58,400 $9,900 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 732729

Des Moines Area Association of REALTORS®

APN: 030-01489000000

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