$234,000

349 E Rose Ave Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated payment $1,604/month

Total Views 7,478
-- Bed
2 Baths
1,408 Sq Ft
$166 Price per Sq Ft

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Laundry Room
  • Wood Siding

About This Home

Fantastic Investment Opportunity!
This turnkey, income-producing duplex comes with a current rental certificate and immediate cash flow potential. Each unit features 2 bedrooms, 1 bathroom, a spacious kitchen, and a comfortable living room.

The walk-out basements offer expansion opportunities—finish them to add additional bedrooms and living space, increasing rental income. The deep backyard also provides space to add a garage for even more rent potential.

With a strong rental history, this property is a solid portfolio addition for investors. It’s also ideal for owner-occupants who want to live in one unit while offsetting their mortgage with rental income.

Recent updates include new windows in 2023. Each unit rents for $925/month. Unit 347 is currently occupied, Unit 349 is vacant.

Close to shopping and the bus line.

Don’t miss this chance—schedule your showing today with a Realtor!

Listing Agent

Ryan Rivera

Zealty Home Advisors Listed on: 04/24/2025

Co-Listing Agent

Angela Ousley

Zealty Home Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1972

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 79x239

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,408 Sq Ft Home
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Renter's Warehouse Association, Phone Number (515) 528-4429

Listing and Financial Details

  • Assessor Parcel Number 01004561000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 166.19
  • Termite: Call Listing Agent
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Laminate Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Walkout
  • Sq Ft Bsmt: 1408
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Association/Amenities

  • Management Firm: Renter's Warehouse
  • Management Firm Phone: (515) 528-4429

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.4330
  • Lot S F: 18881
  • Lot Shape: Regular
  • Lot Size: 79X239
  • Assessor Parcel Number: 01004561000000
  • Zoning: N3A

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Landlord, Insurance Tenant, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 4278.00
  • Net Taxes: 4278.00

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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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 $4,034 $205,100 $40,800 $164,300
2023 $3,926 $205,100 $40,800 $164,300
2022 $4,076 $166,600 $34,700 $131,900
2021 $3,788 $166,600 $34,700 $131,900
2020 $3,936 $151,800 $31,400 $120,400
2019 $3,672 $151,800 $31,400 $120,400
2018 $3,634 $136,600 $28,000 $108,600
2017 $4,107 $136,600 $28,000 $108,600
2016 $3,300 $125,200 $25,100 $100,100
2015 $3,300 $125,200 $25,100 $100,100
2014 $3,491 $126,300 $24,900 $101,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Rent $995 0.0% --
04/24/2025 04/24/25 For Sale $234,000 -- $166 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $118,500 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Closed $94,880 Purchase Money Mortgage
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 716304

Des Moines Area Association of REALTORS®

APN: 010-04561000000

Iowa Polk County Des Moines 50315 Indianola Hills

349 E Rose Ave, Des Moines, IA

This home is located at 349 E Rose Ave, Des Moines, IA 50315 and is currently priced at $234,000, approximately $166 per square foot. This property was built in 1972. 349 E Rose Ave is a home located in Polk County with nearby schools including South Union Elementary School, Weeks Middle School, and Lincoln High School.

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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Ryan Rivera
Listing Agent
Ryan Rivera
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Zealty Home Advisors
(515) 497-9965