$265,000
$140K PRICE INCREASE

Estimated payment $1,735/month

Total Views 675
-- Bed
-- Bath
2,851 Sq Ft
$93 Price per Sq Ft

About This Home

This cash-flowing 3-unit property features flexible month-to-month tenants and currently generates $2,350 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

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1909

Lot Details

  • 7,036 Sq Ft Lot

Home Design

  • 2,851 Sq Ft Home

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 07005290001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,530

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 92.95
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Sq Ft Bsmt: 1092
  • Living Area Sq Ft: 2851
  • Total Sq Ft: 2851

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1620
  • Lot S F: 7036
  • Assessor Parcel Number: 07005290001000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 3530.00
  • Net Taxes: 3530.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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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 $3,404 $173,000 $17,800 $155,200
2023 $3,324 $173,000 $17,800 $155,200
2022 $3,884 $141,000 $14,900 $126,100
2021 $3,644 $141,000 $14,900 $126,100
2020 $4,092 $122,000 $13,500 $108,500
2019 $3,576 $122,000 $13,500 $108,500
2018 $3,804 $101,000 $14,000 $87,000
2017 $3,762 $101,000 $14,000 $87,000
2016 $3,922 $96,000 $11,300 $84,700
2015 $3,922 $96,000 $11,300 $84,700
2014 $3,824 $85,500 $11,300 $74,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $265,000 +112.0% $93 / Sq Ft
08/15/2025 08/15/25 For Sale $125,000 +106.6% $44 / Sq Ft
10/11/2013 10/11/13 Sold $60,500 -20.4% $21 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $76,000 -- $27 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $101,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $60,500 None Available
Warranty Deed $131,500 None Available
Warranty Deed $97,500 --
Special Warranty Deed $49,500 --
Warranty Deed $2,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $115,102 Commercial
Closed $75,000 Construction
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Previous Owner $69,750 Credit Line Revolving
Previous Owner $26,380 No Value Available
Previous Owner $105,520 Commercial
Previous Owner $87,975 Commercial
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 724445

Des Moines Area Association of REALTORS®

APN: 070-05290001000