For sale

$430,000

1372 E 12th St, Des Moines, IA 50316

12beds

--sqft

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Multi Family

Built in 1907

-- sqft lot

$419,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Central air

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.

17 hours

34

3

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Facts & 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: 295 days
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

$419,200

$398,000 - $440,000

$1,287/mo

Price history

Date	Event	Price
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	Price change	$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

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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.

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