Great opportunity to invest in this Muti-use building 4 large units with three bedrooms each! The two units in the first level are vacant and contain 3 Beds, 2 bathrooms and Central air. The two apartments in the second level are occupied, rent is charged at $1400 type of leasing agreement is month to month. Rental certificate has been approved by the City of Des Moines for the two apartments that are occupied.
For sale
Price cut: $20K (8/27)
$410,000
1372 E 12th St, Des Moines, IA 50316
12beds
--sqft
Multi Family
Built in 1907
-- sqft lot
$403,900 Zestimate®
$--/sqft
$-- HOA
What's special
Central air
- 87 days
- 168
- 10
Zillow last checked:
Listing updated:
Listed by:
Julia Mena (515)388-2164,
RE/MAX Concepts
Source: DMMLS,MLS#: 725835
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Hot Water
Cooling
- Central Air, Window Unit(s)
Features
- Basement: Partial
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage, Three Car Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,713 Square Feet
- Dimensions: 50 x 194
Details
- Parcel number: 11001319000000
- Zoning: R1-60
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- Year built: 1907
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Tax assessed value: $218,800
- Annual tax amount: $3,408
- Date on market: 9/9/2025
- Cumulative days on market: 382 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$403,900
$384,000 - $424,000
$1,094/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $410,000-4.7% |
Source:  DMMLS #725835 Report a problem | ||
| 7/10/2026 | Listed for sale | $430,000 |
Source: DMMLS #725835 Report a problem | ||
| 7/1/2026 | Listing removed | $430,000 |
Source: DMMLS #725835 Report a problem | ||
| 6/1/2026 | Price change | $430,000-2.3% |
Source: DMMLS #725835 Report a problem | ||
| 3/23/2026 | Listed for sale | $439,900-2.2% |
Source: DMMLS #725835 Report a problem | ||
| 9/9/2025 | Listed for sale | $449,900+121.6% |
Source: DMMLS #725835 Report a problem | ||
| 1/4/2022 | Sold | $203,000+9.7% |
Source: DMMLS #640101 Report a problem | ||
| 10/27/2021 | Pending sale | $185,000 |
Source: DMMLS #640101 Report a problem | ||
| 10/20/2021 | Listed for sale | $185,000+34.5% |
Source: DMMLS #640101 Report a problem | ||
| 11/28/2018 | Sold | $137,500+62.7% |
Source: DMMLS #562688 Report a problem | ||
| 9/29/2006 | Sold | $84,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,170 +2.1% | $218,800 +11.9% |
| 2024 | $3,106 +5.8% | $195,600 |
| 2023 | $2,936 -6.4% | $195,600 +20.5% |
| 2022 | $3,136 -0.8% | $162,300 +48.9% |
| 2021 | $3,162 +49.7% | $109,000 +1.9% |
| 2020 | $2,112 +4.1% | $106,950 +46.1% |
| 2019 | $2,028 +0.3% | $73,200 +6.9% |
| 2018 | $2,022 | $68,500 |
| 2017 | $2,022 +8.7% | $68,500 +8.3% |
| 2016 | $1,860 | $63,240 |
| 2015 | $1,860 | $63,240 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Capitol Park
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.
