$575,000
$50K PRICE DROP

3820 Grand Ave Des Moines, IA 50312

Salisbury Oaks Neighborhood

Estimated payment $4,048/month

Total Views 9,292
-- Bed
6 Baths
4,133 Sq Ft
$139 Price per Sq Ft

Highlights

  • 6 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Attention investors and developers! 6 unit investment property in the heart of one of Des Moines' most popular neighborhoods. The property features 6- 1 bedroom and 1 bath units as well as a large off street parking area. On nearly a half acre, this property would be prime for redevelopment along with all of the other new developments on the Grand and Ingersoll corridor.

Last Listed By

Jason Stuyvesant

RE/MAX Concepts Listed on: 04/16/2025

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,027

Year Built

  • Built in 1910

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6 Full Bathrooms
  • 4,133 Sq Ft Home
  • 2-Story Property
  • 6 Kitchens

Additional Features

  • 0.49 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09001175001000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Gross Income $5,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,027

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 139.12
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 6
  • Stoves Total: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • First Floor Full Bathrooms: 6
  • Sq Ft Bsmt: 1548
  • Kitchens: 6
  • Living Area Sq Ft: 4133
  • Total Sq Ft: 4133

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.4870
  • Lot S F: 21229
  • Assessor Parcel Number: 09001175001000
  • Zoning: R-3

Rental Info

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

Tax Info

  • Gross Taxes: 10027.00
  • Net Taxes: 10027.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Average Value
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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 $9,068 $461,000 $67,400 $393,600
2023 $8,838 $461,000 $67,400 $393,600
2022 $10,330 $375,000 $56,400 $318,600
2021 $9,168 $375,000 $56,400 $318,600
2020 $10,296 $307,000 $51,200 $255,800
2019 $9,030 $307,000 $51,200 $255,800
2018 $9,604 $255,000 $51,200 $203,800
2017 $9,014 $255,000 $51,200 $203,800
2016 $9,398 $230,000 $42,500 $187,500
2015 $9,398 $230,000 $42,500 $187,500
2014 $9,748 $218,000 $42,500 $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $575,000 -4.2% $139 / Sq Ft
05/15/2025 05/15/25 Price Changed $599,900 -4.0% $145 / Sq Ft
04/16/2025 04/16/25 For Sale $625,000 -- $151 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Corporate Deed -- Itc
Contract Of Sale $265,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 Commercial
Closed $224,000 Commercial
Previous Owner $230,000 Seller Take Back
Previous Owner $230,000 Commercial
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 715773

Des Moines Area Association of REALTORS®

APN: 090-01175001000

Iowa Polk County Des Moines 50312 Salisbury Oaks

3820 Grand Ave, Des Moines, IA

This home is located at 3820 Grand Ave, Des Moines, IA 50312 and is currently priced at $575,000, approximately $139 per square foot. This property was built in 1910. 3820 Grand Ave is a home located in Polk County with nearby schools including Greenwood Elementary School, Callanan Middle School, and Roosevelt 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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Jason Stuyvesant
Listing Agent
Jason Stuyvesant
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RE/MAX Concepts
(515) 436-4716