Investment opportunity! Looking for a solid real estate investment in Des Moines? Take a look at this 4plex in a prime location. 2 units are 2 bed, 1 bath. 2 units are 1 bed 1 bath. Gross income before expenses is $49,800/year. Walking distance to Drake college! Perfect for investors looking to add to their portfolio. Also, would make a great house hack investment. Buy and occupy for just about 3-5 percent down. Call me for a showing!
All information obtained from seller and public record.
For sale
$290,000
1148 36th St, Des Moines, IA 50311
6beds
--baths
2,509sqft
Multi Family
Built in 1907
-- sqft lot
$-- Zestimate®
$116/sqft
$-- HOA
What's special
- 2 days
- 72
- 5
Zillow last checked:
Listing updated:
Listed by:
Gilbert Gonzales (641)691-2642,
RE/MAX Precision
Source: DMMLS,MLS#: 748477
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air, Window Unit(s)
Features
- See Remarks
- Flooring: Tile
- Basement: Unfinished
Interior area
- Total structure area: 2,509
- Total interior livable area: 2,509 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.34 Acres
- Features: Corner Lot
Details
- Parcel number: 09003305000000
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Asphalt,Shingle
Condition
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $281,000
- Annual tax amount: $5,296
- Date on market: 9/1/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $290,000-6.5%$116/sqft |
Source: | ||
| 8/1/2026 | Listing removed | $310,000$124/sqft |
Source: | ||
| 1/27/2026 | Listed for sale | $310,000-12.7%$124/sqft |
Source: | ||
| 12/25/2025 | Listing removed | $355,000$141/sqft |
Source: | ||
| 10/6/2025 | Price change | $355,000-2.7%$141/sqft |
Source: | ||
| 6/25/2025 | Listed for sale | $365,000+31.8%$145/sqft |
Source: | ||
| 1/24/2022 | Sold | $277,000-6.1%$110/sqft |
Source: | ||
| 1/23/2022 | Listed for sale | $295,000$118/sqft |
Source: | ||
| 12/31/2021 | Listing removed | -- |
Source: | ||
| 9/22/2021 | Listed for sale | $295,000+34.7%$118/sqft |
Source: | ||
| 8/9/2019 | Listing removed | $219,000$87/sqft |
Source: White Oak Realty, LLC #586888 Report a problem | ||
| 8/4/2019 | Price change | $219,000-8.4%$87/sqft |
Source: White Oak Realty, LLC #586888 Report a problem | ||
| 7/15/2019 | Listed for sale | $239,000+13.8%$95/sqft |
Source: White Oak Realty, LLC #586888 Report a problem | ||
| 4/20/2018 | Sold | $210,000+37.3%$84/sqft |
Source: | ||
| 11/15/2013 | Sold | $153,000+13.3%$61/sqft |
Source: | ||
| 9/13/2005 | Sold | $135,000+23.3%$54/sqft |
Source: Public Record Report a problem | ||
| 2/23/2004 | Sold | $109,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,220 +2.1% | $281,000 +8.1% |
| 2024 | $5,114 +2.9% | $260,000 |
| 2023 | $4,972 -14.5% | $260,000 +23.2% |
| 2022 | $5,812 +12.5% | $211,000 |
| 2021 | $5,166 -11% | $211,000 +22% |
| 2020 | $5,802 +13.8% | $173,000 |
| 2019 | $5,100 -6% | $173,000 +20.1% |
| 2018 | $5,424 | $144,000 |
| 2017 | $5,424 +2.1% | $144,000 +10.8% |
| 2016 | $5,312 | $130,000 |
| 2015 | $5,312 +2.4% | $130,000 +12.1% |
| 2014 | $5,188 | $116,000 |
| 2013 | -- | $116,000 |
| 2012 | -- | $116,000 |
| 2011 | -- | $116,000 -10.8% |
| 2010 | -- | $130,000 |
| 2009 | -- | $130,000 |
| 2008 | -- | $130,000 |
| 2007 | -- | $130,000 |
| 2006 | -- | $130,000 +30.4% |
| 2005 | -- | $99,700 +8% |
| 2003 | -- | $92,300 +40.1% |
| 2002 | -- | $65,900 |
| 2001 | -- | $65,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Drake
Nearby schools
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







