For sale

Price cut: $10.3K (9/14)

$212,000

1350 Merle Hay Rd, Des Moines, IA 50311

4beds

1,568sqft

$1,653/mo

Get pre-qualified

Single Family Residence

Built in 1948

0.45 Acres Lot

$207,300 Zestimate^®

$135/sqft

$-- HOA

What's special

Walkout basementExtra deep lot

Great opportunity for both homeowners or investors alike. This 4 bedroom brick 1 1/2 story or multi-family rental is located just north of University Ave. The home has a walkout basement and sits on an extra deep lot. For many years this property has been a rental. Current rental license is in place. Good primary residence or smart investment.

46 days
1,046
136

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Heating

Electric, Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Refrigerator, Stove

Features

Eat-in Kitchen
Flooring: Carpet, Hardwood, Vinyl
Basement: Unfinished,Walk-Out Access

Interior area

Total structure area: 1,568
Total interior livable area: 1,568 sqft

Property

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 0.45 Acres
Dimensions: 66 x 297
Features: Rectangular Lot

Details

Parcel number: 10007067000000

Construction

Type & style

Home type: SingleFamily
Architectural style: One and One Half Story
Property subtype: Single Family Residence

Materials

Brick, Frame
Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Des Moines

Financial & listing details

Price per square foot: $135/sqft
Tax assessed value: $213,600
Annual tax amount: $4,027
Date on market: 8/20/2026
Cumulative days on market: 46 days
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

$207,300

$197,000 - $218,000

$2,130/mo

Price history

Date	Event	Price
9/14/2026	Price change	$212,000-4.6%$135/sqft
Source: DMMLS #747621 Report a problem
8/31/2026	Price change	$222,300-10%$142/sqft
Source: DMMLS #747621 Report a problem
8/20/2026	Listed for sale	$247,000$158/sqft
Source: DMMLS #747621 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,842 +2%	$213,600 +11.6%
2024	$3,766 -3.8%	$191,400
2023	$3,914 +0.8%	$191,400 +15.2%
2022	$3,884 +5.8%	$166,100
2021	$3,670 -3.8%	$166,100 +12.9%
2020	$3,814 +7.7%	$147,100
2019	$3,540 +1%	$147,100 +11.7%
2018	$3,504	$131,700
2017	$3,504 +13.8%	$131,700 +12.8%
2016	$3,078	$116,800
2015	$3,078 +13.2%	$116,800 +10%
2014	$2,720	$106,200
2013	--	$106,200 -10.5%
2012	--	$118,700
2011	--	$118,700 -6.5%
2010	--	$127,000
2009	--	$127,000 +3.4%
2008	--	$122,800
2007	--	$122,800 +20%
2006	--	$102,300
2005	--	$102,300 +9.1%
2003	--	$93,750 +19.4%
2002	--	$78,550
2001	--	$78,550