$129,000

Estimated payment $982/month

Total Views 416
-- Bed
-- Bath
2,914 Sq Ft
$44 Price per Sq Ft

About This Home

Online bidding starts at $129,000! This is your chance to own your investment property with full transparency in the bidding process. Cash or financing is accepted, and our unique open bidding platform allows you to see exactly what others are offering—no guesswork or blind offers. You set the value, making the process simple and fair. Bidding ends August 25, 2025. This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $2,900 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

Year Built

  • Built in 1886

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x132

Home Design

  • 2,914 Sq Ft Home

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 08005490001000

Property Details

Home Type

Multi-Family

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 44.27
  • Year Built: 1886
  • Special Features: BrokerOpen
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Bsmt: 1152
  • Living Area Sq Ft: 2914
  • Total Sq Ft: 2914

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2730
  • Lot S F: 11887
  • Lot Size: 90X132
  • Assessor Parcel Number: 08005490001000
  • Zoning: R-3

Tax Info

  • Gross Taxes: 3720.00
  • Net Taxes: 3720.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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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 $3,580 $182,000 $12,300 $169,700
2023 $3,484 $182,000 $12,300 $169,700
2022 $4,072 $147,800 $10,300 $137,500
2021 $4,002 $163,000 $10,300 $152,700
2020 $4,494 $134,000 $9,400 $124,600
2019 $3,930 $134,000 $9,400 $124,600
2018 $4,180 $111,000 $9,400 $101,600
2017 $3,918 $111,000 $9,400 $101,600
2016 $4,086 $100,000 $8,000 $92,000
2015 $4,086 $100,000 $8,000 $92,000
2014 $3,818 $89,000 $8,000 $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $129,000 -- $44 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Contract Of Sale $54,750 --
Warranty Deed $44,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $33,750 Commercial
Closed $0 Seller Take Back
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 724437

Des Moines Area Association of REALTORS®

APN: 080-05490001000