401 Franklin Ave Des Moines, IA 50314
River Bend NeighborhoodEstimated payment $1,337/month
Highlights
- 2 Kitchens
- Shades
- Storage
- No HOA
- Laundry Room
- Tile Flooring
About This Home
Fully refreshed from top to bottom with new LVP flooring, fresh paint, new carpet, and new appliances, this duplex is move-in ready for tenants or an ideal house-hack. The owner also added central air to both units for year-round comfort. Unit 1 is on the main level and has an open floor plan with dining area that consists of 2 bedroom, 2 bathrooms. Unit 2 is on the 2nd and 3rd floor and consists of 2 bedroom, 1 bathroom on the 2nd floor with an open floor plan and doing area and the 3rd bedroom and bathroom that has a loft area is on the 3rd floor. Two-story layout (2nd & 3rd floors)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,473
Year Built
- Built in 1901
Parking
- Gravel Driveway
Home Design
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 2,381 Sq Ft Home
- 3-Story Property
- Shades
- Storage
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- 2 Kitchens
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Additional Features
- 8,352 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 08000150001000
Community Details
Overview
- No Home Owners Association
- Property Management By Design Association, Phone Number (515) 304-7242
Building Details
- Operating Expense $250
- Gross Income $2,190
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 | $3,132 | $184,600 | $17,900 | $166,700 |
| 2024 | $3,132 | $159,200 | $15,400 | $143,800 |
| 2023 | $2,960 | $159,200 | $15,400 | $143,800 |
| 2022 | $2,938 | $125,600 | $12,800 | $112,800 |
| 2021 | $2,728 | $125,600 | $12,800 | $112,800 |
| 2020 | $2,834 | $109,300 | $11,200 | $98,100 |
| 2019 | $1,556 | $109,300 | $11,200 | $98,100 |
| 2018 | $1,540 | $57,900 | $10,100 | $47,800 |
| 2017 | $2,950 | $57,900 | $10,100 | $47,800 |
| 2016 | $2,874 | $109,100 | $9,400 | $99,700 |
| 2015 | $2,874 | $109,100 | $9,400 | $99,700 |
| 2014 | $2,706 | $105,700 | $9,200 | $96,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $199,900 | +29.8% | $84 / Sq Ft | |
| 06/15/2021 06/15/21 | Sold | $154,000 | -0.6% | $65 / Sq Ft | View Prior Sale |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- | |
| 05/07/2021 05/07/21 | For Sale | $154,900 | +19.2% | $65 / Sq Ft | |
| 01/02/2020 01/02/20 | Sold | $130,000 | 0.0% | $55 / Sq Ft | View Prior Sale |
| 01/02/2020 01/02/20 | Pending | -- | -- | -- | |
| 11/18/2019 11/18/19 | For Sale | $130,000 | +136.4% | $55 / Sq Ft | |
| 10/26/2017 10/26/17 | Sold | $55,000 | 0.0% | $23 / Sq Ft | View Prior Sale |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- | |
| 09/01/2017 09/01/17 | For Sale | $55,000 | -3.5% | $23 / Sq Ft | |
| 02/24/2017 02/24/17 | Sold | $57,000 | -40.0% | $24 / Sq Ft | View Prior Sale |
| 02/13/2017 02/13/17 | Pending | -- | -- | -- | |
| 01/04/2016 01/04/16 | For Sale | $95,000 | -- | $40 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $154,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $130,000 | None Available | |
| Warranty Deed | $55,000 | None Available | |
| Warranty Deed | $57,000 | None Available | |
| Corporate Deed | $84,500 | -- | |
| Warranty Deed | $71,500 | -- | |
| Corporate Deed | -- | -- | |
| Contract Of Sale | $72,000 | -- | |
| Warranty Deed | $27,500 | -- | |
| Contract Of Sale | $50,000 | -- | |
| Warranty Deed | $27,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $97,500 | New Conventional | |
| Previous Owner | $97,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $68,000 | Commercial | |
| Previous Owner | $71,900 | Commercial | |
| Previous Owner | $45,000 | Seller Take Back |
Source: Des Moines Area Association of REALTORS®
MLS Number: 726000
APN: 080-00150001000
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