Great investment opportunity with this renovated four plex. Recent upgrades including a new roof, mini-split heating and cooling systems, furnace, water heater, sewer line, and water line ensure low maintenance. Each unit has been updated recently. Whether you're a seasoned investor or new to real estate, this turnkey property offers the perfect opportunity to capitalize on the high demand for multi-family housing in the area. Current rents have been between $800-$950 per unit. Call to set up a showing today!
Sold for $206,000
$206,000
1318 23rd St, Des Moines, IA 50311
--beds
2,122sqft
Multi Family
Built in 1892
-- sqft lot
$205,500 Zestimate®
$97/sqft
$1,355 Estimated rent
Home value
$205,500
$195,000 - $216,000
$1,355/mo
Zestimate® history
Owner options
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$1,355/mo
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$1,470/mo
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$1,470/mo
Est. payment
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Water lineNew roofWater heater
Zillow last checked:
Listing updated:
Listed by:
Kyle Clarkson (515)554-2249,
LPT Realty, LLC
Bought with:
Katie Bloom
LPT Realty, LLC
Source: DMMLS,MLS#: 729696
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Interior area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,624 sqft
- Dimensions: 53.2 x 162
Details
- Parcel number: 08006845001000
- 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: 1892
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $206,000-1.9%$97/sqft |
Source:  DMMLS #729696 Report a problem | ||
| 1/7/2026 | Pending sale | $209,900$99/sqft |
Source: DMMLS #729696 Report a problem | ||
| 12/21/2025 | Price change | $209,900-6.7%$99/sqft |
Source: DMMLS #729696 Report a problem | ||
| 11/4/2025 | Listed for sale | $225,000-6.2%$106/sqft |
Source: DMMLS #729696 Report a problem | ||
| 4/24/2025 | Listing removed | $239,900$113/sqft |
Source: DMMLS #712461 Report a problem | ||
| 3/25/2025 | Price change | $239,900-5.9%$113/sqft |
Source: DMMLS #712461 Report a problem | ||
| 2/26/2025 | Listed for sale | $255,000-1.9%$120/sqft |
Source: DMMLS #712461 Report a problem | ||
| 8/5/2024 | Listing removed | -- |
Source: DMMLS #696351 Report a problem | ||
| 6/27/2024 | Price change | $259,900-3.7%$122/sqft |
Source: DMMLS #696351 Report a problem | ||
| 6/14/2024 | Price change | $269,900-3.6%$127/sqft |
Source: DMMLS #696351 Report a problem | ||
| 5/31/2024 | Listed for sale | $279,900+107.3%$132/sqft |
Source: DMMLS #696351 Report a problem | ||
| 4/4/2023 | Listing removed | -- |
Source: DMMLS #669806 Report a problem | ||
| 3/28/2023 | Listed for sale | $135,000+17.4%$64/sqft |
Source: DMMLS #669806 Report a problem | ||
| 2/8/2023 | Sold | $115,000-25.8%$54/sqft |
Source: Public Record Report a problem | ||
| 12/23/2022 | Price change | $155,000-6.1%$73/sqft |
Source: DMMLS #659321 Report a problem | ||
| 10/20/2022 | Pending sale | $165,000$78/sqft |
Source: DMMLS #659321 Report a problem | ||
| 10/11/2022 | Price change | $165,000-5.7%$78/sqft |
Source: DMMLS #659321 Report a problem | ||
| 9/26/2022 | Price change | $175,000-5.4%$82/sqft |
Source: DMMLS #659321 Report a problem | ||
| 9/19/2022 | Pending sale | $185,000$87/sqft |
Source: DMMLS #659321 Report a problem | ||
| 9/1/2022 | Listed for sale | $185,000+29.8%$87/sqft |
Source: DMMLS #659321 Report a problem | ||
| 6/4/2021 | Sold | $142,500-4.9%$67/sqft |
Source:  CIBR #56558 Report a problem | ||
| 4/27/2021 | Pending sale | $149,900$71/sqft |
Source: CIBR #56558 Report a problem | ||
| 3/24/2021 | Price change | $149,900-6.3%$71/sqft |
Source: DMMLS #619317 Report a problem | ||
| 3/4/2021 | Price change | $160,000-8.6%$75/sqft |
Source: Realty ONE Group Impact #619317 Report a problem | ||
| 1/27/2021 | Price change | $175,000-7.9%$82/sqft |
Source: Realty ONE Group Impact #619317 Report a problem | ||
| 1/7/2021 | Price change | $190,000-5%$90/sqft |
Source: Realty ONE Group Impact #619317 Report a problem | ||
| 12/28/2020 | Listed for sale | $199,900+139.4%$94/sqft |
Source: Realty ONE Group Impact #619317 Report a problem | ||
| 4/18/2018 | Sold | $83,500+9.9%$39/sqft |
Source: Public Record Report a problem | ||
| 6/20/2005 | Sold | $76,000+76.7%$36/sqft |
Source: Public Record Report a problem | ||
| 7/11/2002 | Sold | $43,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,790 +2% | $150,000 +7.9% |
| 2024 | $2,734 +2.6% | $139,000 |
| 2023 | $2,664 -14.4% | $139,000 +23% |
| 2022 | $3,112 +12.4% | $113,000 |
| 2021 | $2,768 -11% | $113,000 +21.9% |
| 2020 | $3,110 +14.1% | $92,700 |
| 2019 | $2,726 -6% | $92,700 +20.4% |
| 2018 | $2,900 | $77,000 |
| 2017 | $2,900 +2.1% | $77,000 +10.8% |
| 2016 | $2,840 | $69,500 |
| 2015 | $2,840 +2.5% | $69,500 +12.1% |
| 2014 | $2,772 | $62,000 |
| 2013 | -- | $62,000 |
| 2012 | -- | $62,000 |
| 2011 | -- | $62,000 -10.8% |
| 2010 | -- | $69,500 |
| 2009 | -- | $69,500 |
| 2008 | -- | $69,500 |
| 2007 | -- | $69,500 |
| 2006 | -- | $69,500 +39.3% |
| 2005 | -- | $49,900 +16% |
| 2003 | -- | $43,000 -41% |
| 2002 | -- | $72,870 |
| 2001 | -- | $72,870 |
Find assessor info on the county website
Neighborhood: Carpenter
Nearby schools
GreatSchools rating
- 6/10Perkins Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Callanan Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 1.8 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.
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- Iowa
- Polk County
- Des Moines
- 50311
- Carpenter
- 1318 23rd St
Nearby cities
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