Drake resurgence and Drake Neighborhood Development over the past several years has resulted in aNew Life Blood and Energy into the Drake area and Opportunity exists for Ownership of a 6 Apartment Property on 22nd Street. New 100 gallon Water Heater. Rental Certificate good thru 2015. Gross Income of $32,580 for the 6 Units with Potential for increases. Investment Property can cash flow immediately-Approximate Cap Rate 14%. Separate Electric Meters for Tenants. Tenants pay electric. Landlord pay for gas. Property at 1079 22nd Street provides Heat to this Property. Call for showing-Requires a 24 Hour Notice for tenants-NO EXCEPTIONS.
Sold for $289,000
Street View
$289,000
1083 22nd St, Des Moines, IA 50311
--beds
5baths
4,244sqft
MultiFamily
Built in 1882
-- sqft lot
$-- Zestimate®
$68/sqft
$1,302 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,302/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Other, Other
Cooling
- Other
Appliances
- Included: Refrigerator
Features
- Basement: Finished
Interior area
- Total interior livable area: 4,244 sqft
Property
Features
- Exterior features: Metal
Lot
- Size: 8,712 sqft
Details
- Parcel number: 03000877000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
- Roof: Other
Condition
- Year built: 1882
Community & neighborhood
Location
- Region: Des Moines
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $289,000+65.1%$68/sqft |
Source: Public Record Report a problem | ||
| 8/15/2025 | Listed for sale | $175,000$41/sqft |
Source:  DMMLS #724440 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,978 +67.6% | $258,000 +4% |
| 2024 | $2,970 +2.5% | $248,000 +64.2% |
| 2023 | $2,898 -14.5% | $151,000 +22.8% |
| 2022 | $3,388 +12.3% | $123,000 |
| 2021 | $3,016 -11% | $123,000 +21.8% |
| 2020 | $3,388 +14.6% | $101,000 |
| 2019 | $2,956 -6% | $101,000 +21% |
| 2018 | $3,146 | $83,500 |
| 2017 | $3,146 +2% | $83,500 +10.6% |
| 2016 | $3,084 | $75,500 |
| 2015 | $3,084 +2.9% | $75,500 +12.7% |
| 2014 | $2,996 | $67,000 |
| 2013 | -- | $67,000 -42.7% |
| 2012 | -- | $117,000 |
| 2011 | -- | $117,000 -11% |
| 2010 | -- | $131,500 |
| 2009 | -- | $131,500 |
| 2008 | -- | $131,500 |
| 2007 | -- | $131,500 |
| 2006 | -- | $131,500 +25.2% |
| 2005 | -- | $105,000 +13.1% |
| 2003 | -- | $92,800 +40.1% |
| 2002 | -- | $66,260 |
| 2001 | -- | $66,260 |
Find assessor info on the county website
Neighborhood: Drake Park
Nearby schools
GreatSchools rating
- 4/10Edmunds Fine Arts AcademyGrades: K-5Distance: 0.5 mi
- 3/10Callanan Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Polk County
- Des Moines
- 50311
- Drake Park
- 1083 22nd St
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