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
$310,000
1148 36th St, Des Moines, IA 50311
6beds
--baths
2,509sqft
Multi Family
Built in 1907
-- sqft lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
- 161 days |
- 126 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Gilbert Gonzales (641)691-2642,
RE/MAX Precision
Source: DMMLS,MLS#: 733391
Originating MLS: Des Moines Area Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dryer, Refrigerator, See Remarks, Stove, Washer
Features
- See Remarks
- 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
- Dimensions: 100 x 148
- 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: $124/sqft
- Tax assessed value: $281,000
- Annual tax amount: $5,296
- Date on market: 1/26/2026
- Cumulative days on market: 162 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 |
|---|---|---|
| 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 | -- | $65,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Drake
Nearby schools
GreatSchools rating
- 5/10Hubbell Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Callanan Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 0.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Polk County
- Des Moines
- 50311
- Drake
- 1148 36th St







