401 Franklin Ave Des Moines, IA 50314
River Bend NeighborhoodEstimated payment $1,349/month
About This Home
Fantastic opportunity to invest! Property provides the opportunity to serve as a 2 unit rental, an owner occupied rental, or conversion to a grand single family home in an area of Des Moines seeing continued development. Main level (Unit 1) houses 2 bedrooms and 2 baths with dining area in an appealing open concept. Unit 2 has 2 bedrooms and 1 bath on the second floor, with an additional third bedroom/loft on the third floor. Recent updates include central air for both units, new appliances, LVP and carpet flooring, and fresh paint throughout. Current rent rates are $1000 for Unit 1 and $1025 for Unit 2. This could be the one to start or extend your real estate portfolio at an amazing price point.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,196
Year Built
- Built in 1901
Parking
- Driveway
Home Design
- 2,381 Sq Ft Home
- Brick Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
Additional Features
- Cooktop
- 8,352 Sq Ft Lot
- Forced Air Heating and Cooling System
- Unfinished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08000150001000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $200,000 | +29.9% | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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: 740254
APN: 080-00150001000
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.
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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