NOT LISTED FOR SALE

612 Bancroft St Des Moines, IA 50315

Indianola Hills Neighborhood
-- Bed
12 Baths
5,695 Sq Ft
0.75 Acres

Last Sold December 08, 2021

Last sale price $625,000 $110 Per Sq Ft

108 Days on Market

Highlights

  • 12 Kitchens
  • No HOA
  • Forced Air Heating System
  • 0.75 Acre Lot

About This Home

As of December 2021

Wonderful Multi-unit Investment Opportunity in an upcoming location, just across the river and less than 5 minutes from Downtown Des Moines! This area is growing in popularity and there is a New development in eye sight from the apartments. There are Four buildings, each with 3 units. Out of the 12 units, 10 are 1 bedroom and 2 are 2 bedrooms. Recent updates include: new roofs, new exterior doors, some windows, some new fridges, new toilets and a couple new bathroom vanities. There is also a security camera system that can be accessed through your phone. Could add more cash flow each month by improving the 4 garages to rent and adding coin laundry in current laundry room space. 100% Occupied! Call your agent today!

Last Agent to Sell the Property

Dustin Kupka

RE/MAX Precision Listed on: 08/17/2021

RE/MAX Precision

Last Buyer's Agent

Crystal Arguello

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,094

Year Built

  • Built in 1950

Lot Details

  • 0.75 Acre Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 5,695 Sq Ft Home
  • 2-Story Property

Kitchen

  • 12 Kitchens
  • Stove

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 01003068000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,094

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 109.75
  • Sp Amt Sq Ft: 109.75
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 12
  • Stoves Total: 12
  • Total Bathrooms: 12.00
  • Full Bathrooms: 12
  • First Floor Full Bathrooms: 10
  • Second Floor Full Bathrooms: 2
  • Kitchens: 12
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 5695
  • Total Sq Ft: 5695

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Lot Info

  • Acres: 0.7500
  • Assessor Parcel Number: 01003068000000
  • Zoning: R-4

Rental Info

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

Tax Info

  • Gross Taxes: 15094.41
  • Net Taxes: 15094.41

Multi Family

  • Total Units: 12

MLS Schools

  • School District: Des Moines Independent

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2021 12/08/21 Sold $625,000 0.0% $110 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $625,000 +1251.4% $110 / Sq Ft
07/01/2013 07/01/13 Sold $46,250 -28.8% -- View Prior Sale
06/01/2013 06/01/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $65,000 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dustin Kupka

    Seller's Agent in 2021

    Dustin Kupka

    RE/MAX

    (515) 975-2119

    2 in this area

    195 Total Sales

    Dustin Kupka
    Section Image
  • Crystal Arguello

    Buyer's Agent in 2021

    Crystal Arguello

    Realty ONE Group Impact

    (515) 494-9388

    3 in this area

    95 Total Sales

    Crystal Arguello
    Section Image

  • T

    Seller's Agent in 2013

    Tim Stanley

    Iowa Realty South

  • E

    Buyer's Agent in 2013

    Edwin Morris

    Keller Williams Realty GDM

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 635819

Des Moines Area Association of REALTORS®
Iowa Polk County Des Moines 50315 Indianola Hills

612 Bancroft St, Des Moines, IA

Not Listed for Sale

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