$250,000
PENDING

Estimated payment $1,547/month

Total Views 3,188
Studio
4 Baths
2,237 Sq Ft
$112 Price per Sq Ft

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA

About This Home

Step into a solidly constructed multi-family investment opportunity in the desirable Oak Park area of Des Moines. This classic 1900-built property boasts four total units with four full bathrooms, totaling 2,237 square feet of living space. Conveniently situated on a 0.15-acre lot, this building offers reliable rental income potential with existing 1-bedroom units and additional bedrooms spread across the layout. Public utilities, forced air heating, and a traditional asphalt shingle roof add to the property’s functional appeal. Whether you’re an investor looking to expand your portfolio or a buyer wanting an owner-occupied property with supplemental income, this property presents an inviting blend of historic charm and practical rental functionality in a well-established Des Moines neighborhood

Listing Agent

Latrice Brauckman

Realty ONE Group Impact Listed on: 02/06/2026

Realty ONE Group Impact

Co-Listing Agent

Nora Crosthwaite

Realty ONE Group Impact

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • Driveway

Home Design

  • 2,237 Sq Ft Home
  • Asphalt Shingled Roof

Kitchen

  • 4 Kitchens
  • Stove

Laundry

  • Laundry Room
  • Laundry on main level

Additional Features

  • 4 Full Bathrooms
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 07003780000000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,655

Year Built

Built in 1900

Lot Details

6,600 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 111.76
  • Year Built: 1900
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Kitchens: 4
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2237
  • Total Sq Ft: 2237

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Heat: Gas Forced Air
  • Separate Meters: 4

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1520
  • Lot S F: 6600
  • Lot Shape: Regular
  • Lot Size: 50X132
  • Assessor Parcel Number: 07003780000000
  • Zoning: R1-60

Rental Info

  • Deposit: Yes

Tax Info

  • Gross Taxes: 2655.00
  • Net Taxes: 2655.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $2,600 $231,000 $19,000 $212,000
2024 $2,600 $132,200 $16,700 $115,500
2023 $2,172 $214,000 $16,700 $197,300
2022 $3,121 $174,000 $13,900 $160,100
2021 $1,828 $174,000 $13,900 $160,100
2020 $2,052 $143,000 $12,700 $130,300
2019 $2,168 $143,000 $12,700 $130,300
2018 $2,298 $130,000 $12,700 $117,300
2017 $3,330 $61,000 $12,500 $48,500
2016 $3,474 $85,000 $10,600 $74,400
2015 $3,474 $85,000 $10,600 $74,400
2014 $3,376 $75,500 $10,600 $64,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Pending -- -- --
02/06/2026 02/06/26 For Sale $250,000 -- $112 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $175,000 None Available
Warranty Deed $125,000 None Available
Warranty Deed $55,000 None Available
Warranty Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 734002

Des Moines Area Association of REALTORS®

APN: 070-03780000000

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