3215 7th St Des Moines, IA 50313
Oak Park NeighborhoodEstimated payment $912/month
Highlights
- Wood Flooring
- 1 Fireplace
- No HOA
About This Home
Value-Add Triplex Conversion Opportunity This property is currently used as a single-family home, but it presents an excellent value-add opportunity for conversion into a tri-plex. At present, the building does not have a rental certificate, making it ideal for an investor or developer ready to update, renovate, and bring it up to code while unlocking its full income potential. With the right improvements, this property can be transformed into a profitable multi-unit rental, appealing to tenants seeking modern, comfortable living spaces. Its current layout and structure provide a strong foundation for maximizing rental income in a high-demand market. This is a rare chance to convert a single-family property into a thriving investment asset, creating long-term value while taking advantage of a flexible redevelopment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,507
Year Built
- Built in 1896
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50x130
- Property is zoned n5
Home Design
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- 2,881 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Wood Flooring
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- Stove
- Microwave
Bedrooms and Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
Utilities
- Radiant Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 07002900000000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,460 | $80,100 | $18,700 | $61,400 |
| 2024 | $1,460 | $74,200 | $16,400 | $57,800 |
| 2023 | $1,422 | $74,200 | $16,400 | $57,800 |
| 2022 | $1,662 | $60,300 | $13,700 | $46,600 |
| 2021 | $1,476 | $60,300 | $13,700 | $46,600 |
| 2020 | $1,656 | $49,400 | $12,500 | $36,900 |
| 2019 | $1,452 | $49,400 | $12,500 | $36,900 |
| 2018 | $1,544 | $41,000 | $12,500 | $28,500 |
| 2017 | $1,450 | $41,000 | $12,500 | $28,500 |
| 2016 | $1,512 | $37,000 | $10,500 | $26,500 |
| 2015 | $1,512 | $37,000 | $10,500 | $26,500 |
| 2014 | $1,476 | $33,000 | $10,500 | $22,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $149,900 | +31.5% | $52 / Sq Ft | |
| 07/14/2022 07/14/22 | Sold | $114,000 | -11.6% | $40 / Sq Ft | View Prior Sale |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- | |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- | |
| 04/07/2022 04/07/22 | For Sale | $129,000 | 0.0% | $45 / Sq Ft | |
| 03/23/2022 03/23/22 | For Sale | $129,000 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $114,000 | None Listed On Document | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $145,008 | None Available | |
| Warranty Deed | $81,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,521 | New Conventional | |
| Previous Owner | $66,750 | Commercial |
Source: Des Moines Area Association of REALTORS®
MLS Number: 731394
APN: 070-02900000000
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