NOT LISTED FOR SALE

1503 Forest Ave Des Moines, IA 50314

King Irving Neighborhood

Estimated Value: $115,000 - $120,225

Studio
2 Baths
1,676 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2025

Last sale price $120,000 $72 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $780 / mo

197 Days on Market

Highlights

  • 2 Kitchens
  • Forced Air Heating System
  • 4-minute walk to Evelyn Davis Park
  • No HOA

About This Home

As of November 2025

This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit (2024) and a PRIME location near parks, walking distance to King Elementary School, and amenities. Don't miss out on this WELL -MAINTAINED investment property with great rental potential!

Last Agent to Sell the Property

Ingrid Williams

RE/MAX Concepts Listed on: 03/10/2025

RE/MAX Concepts

Last Buyer's Agent

Jasmine Martinez-Castaneda

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1900

Lot Details

  • 6,700 Sq Ft Lot
  • Lot Dimensions are 50x134

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08003847000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,725

Year Built

Built in 1900

Lot Details

6,700 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 77.57
  • Sp Amt Sq Ft: 71.60
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Kitchens: 2
  • Living Area Sq Ft: 1676
  • Total Sq Ft: 1676

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1540
  • Lot S F: 6700
  • Lot Size: 50X134
  • Assessor Parcel Number: 08003847000000
  • Zoning: N5

Rental Info

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

Tax Info

  • Gross Taxes: 1725.00
  • Net Taxes: 1725.00

Multi Family

  • Total Units: 2

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
Mar 10, 2025
Closed on
Nov 4, 2025
Sold by
Bought by
Seller's Agent
Ingrid Williams
RE/MAX Concepts
Buyer's Agent
Jasmine Martinez-Castaneda
EXP Realty, LLC
List Price
$155,000
Sold Price
$120,000
Premium/Discount to List
-$35,000
-22.58%
Views
90
Current Estimated Value
$117,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,387
Avg. Annual Appreciation
-2.95%
Original Mortgage
$102,000
Interest Rate
0.0873%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 28, 2020
Sold by
Bought by
Seller's Agent
Beverly Williams
RE/MAX Concepts
Buyer's Agent
Jacob Krull
Real Property Management
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$59,623
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2000
Sold by
Bought by
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
$120,000 None Listed On Document
$80,000 None Listed On Document
$52,000 --
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
Open $102,000
Previous Owner $59,623
Previous Owner $90,000
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
11/10/2025 11/10/25 Sold $120,000 -7.7% $72 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
09/16/2025 09/16/25 Price Changed $130,000 -6.5% $78 / Sq Ft
07/29/2025 07/29/25 Price Changed $139,000 -4.1% $83 / Sq Ft
04/11/2025 04/11/25 Price Changed $145,000 -6.5% $87 / Sq Ft
03/10/2025 03/10/25 For Sale $155,000 +94.0% $92 / Sq Ft
10/30/2020 10/30/20 Sold $79,900 0.0% $48 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $79,900 -- $48 / 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 $1,686 $99,800 $13,800 $86,000
2024 $1,686 $85,700 $11,800 $73,900
2023 $1,468 $85,700 $11,800 $73,900
2022 $1,458 $62,300 $9,000 $53,300
2021 $1,368 $62,300 $9,000 $53,300
2020 $1,420 $54,800 $8,000 $46,800
2019 $1,334 $54,800 $8,000 $46,800
2018 $1,320 $49,600 $7,100 $42,500
2017 $1,344 $49,600 $7,100 $42,500
2016 $1,310 $49,700 $7,100 $42,600
2015 $1,310 $49,700 $7,100 $42,600
2014 $1,120 $43,700 $6,900 $36,800
Source: Public Records

Agents Affiliated with this Home

  • Ingrid Williams

    Seller's Agent in 2025

    Ingrid Williams

    RE/MAX Concepts

    (515) 216-0848

    1 in this area

    1,209 Total Sales

    Ingrid Williams
    Section Image

  • J

    Buyer's Agent in 2020

    Jacob Krull

    Real Property Management

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 713188

Des Moines Area Association of REALTORS®

APN: 080-03847000000

Iowa Polk County Des Moines 50314 King Irving

1503 Forest Ave, Des Moines, IA

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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