$449,900

1372 E 12th St Des Moines, IA 50316

Capitol Park Neighborhood

Estimated payment $2,620/month

Total Views 7,213
Studio
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 4 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • No HOA
  • Central Air

About This Home

Great opportunity to invest in this Muti-use building 4 large units with three bedrooms each! The two units in the first level are vacant and contain 3 Beds, 2 bathrooms and Central air. The two apartments in the second level are occupied, rent is charged at $1400 type of leasing agreement is month to month. Rental certificate has been approved by the City of Des Moines for the two apartments that are occupied.

Listing Agent

Julia Mena

RE/MAX Concepts Listed on: 09/09/2025

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1907

Lot Details

  • 9,700 Sq Ft Lot
  • Lot Dimensions are 50x194

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property
  • Partial Basement
  • 4 Kitchens
  • Laundry Room

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 11001319000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,408

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Termite: Follow Showing Instructions
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Stoves Total: 3
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Third Floor Full Bathrooms: 6
  • Basement Description: Partial
  • Kitchens: 4
  • Laundry: Yes

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Sidewalk: Y

Garage/Parking

  • Garage: 3 Detached

Utilities

  • Air Conditioner: Central, Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2230
  • Lot S F: 9700
  • Lot Size: 50X194
  • Assessor Parcel Number: 11001319000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Electric Landlord, Gas Landlord, Water Landlord

Tax Info

  • Gross Taxes: 3408.14
  • Net Taxes: 3408.14

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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
2025 $3,106 $218,800 $24,600 $194,200
2024 $3,106 $157,920 $21,500 $136,420
2023 $2,936 $195,600 $21,500 $174,100
2022 $3,136 $109,000 $12,420 $96,580
2021 $3,162 $109,000 $12,420 $96,580
2020 $2,112 $106,950 $11,320 $95,630
2019 $2,028 $73,200 $15,250 $57,950
2018 $2,022 $68,500 $15,250 $53,250
2017 $1,896 $68,500 $15,250 $53,250
2016 $1,860 $63,240 $12,740 $50,500
2015 $1,860 $63,240 $12,740 $50,500
2014 $1,702 $63,500 $13,700 $49,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2025 09/09/25 For Sale $449,900 +121.6% --
01/04/2022 01/04/22 Sold $203,000 +9.7% $17 / Sq Ft View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $185,000 -- $15 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $203,000 None Available
Warranty Deed $137,500 None Available
Warranty Deed $84,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,000 Future Advance Clause Open End Mortgage
Previous Owner $103,125 Future Advance Clause Open End Mortgage
Previous Owner $78,750 Commercial
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 725835

Des Moines Area Association of REALTORS®

APN: 110-01319000000

Iowa Polk County Des Moines 50316 Capitol Park

1372 E 12th St, Des Moines, IA

For Sale

MultiFamily

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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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Listing Agent
Julia Mena
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RE/MAX Concepts
(515) 316-4706