This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit (2024) and a PRIME location near parks, walking distance to King Elementary School, and amenities. Don't miss out on this WELL -MAINTAINED investment property with great rental potential!
Sold for $120,000
$120,000
1503 Forest Ave, Des Moines, IA 50314
4beds
1,676sqft
Multi Family
Built in 1900
-- sqft lot
$120,300 Zestimate®
$72/sqft
$1,189 Estimated rent
Home value
$120,300
$114,000 - $128,000
$1,189/mo
Zestimate® history
Owner options
List your home for rent
$1,189/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,189/mo
Rent Zestimate®
Refinance and save
$658/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$658/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Brand-new furnacesNear parks
Zillow last checked:
Listing updated:
Listed by:
Ingrid Williams (515)371-5277,
RE/MAX Concepts
Bought with:
Martinez-Castaneda, Jasmine
RE/MAX Concepts
Source: DMMLS,MLS#: 713188
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,676 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,708 Square Feet
- Dimensions: 50 x 134
Details
- Parcel number: 08003847000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Metal Siding
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
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: $72/sqft
- Tax assessed value: $99,800
- Annual tax amount: $1,725
- Date on market: 3/10/2025
- Cumulative days on market: 197 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $120,000-7.7%$72/sqft |
Source:  DMMLS #713188 Report a problem | ||
| 9/23/2025 | Pending sale | $130,000$78/sqft |
Source: DMMLS #713188 Report a problem | ||
| 9/16/2025 | Price change | $130,000-6.5%$78/sqft |
Source: DMMLS #713188 Report a problem | ||
| 7/29/2025 | Price change | $139,000-4.1%$83/sqft |
Source: DMMLS #713188 Report a problem | ||
| 4/11/2025 | Price change | $145,000-6.5%$87/sqft |
Source: DMMLS #713188 Report a problem | ||
| 3/4/2025 | Price change | $155,000-3.1%$92/sqft |
Source: DMMLS #712197 Report a problem | ||
| 2/20/2025 | Listed for sale | $160,000+100.3%$95/sqft |
Source: DMMLS #712197 Report a problem | ||
| 10/30/2020 | Sold | $79,900$48/sqft |
Source: DMMLS #615140 Report a problem | ||
| 10/8/2020 | Pending sale | $79,900$48/sqft |
Source: RE/MAX Concepts #615140 Report a problem | ||
| 10/1/2020 | Listed for sale | $79,900+53.7%$48/sqft |
Source: RE/MAX Concepts #615140 Report a problem | ||
| 9/19/2000 | Sold | $52,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,921 +1.8% | $99,800 +16.5% |
| 2024 | $1,887 +28.5% | $85,700 |
| 2023 | $1,468 +0.7% | $85,700 +37.6% |
| 2022 | $1,458 +6.6% | $62,300 |
| 2021 | $1,368 -3.7% | $62,300 +13.7% |
| 2020 | $1,420 +6.4% | $54,800 |
| 2019 | $1,334 +1.1% | $54,800 +10.5% |
| 2018 | $1,320 | $49,600 |
| 2017 | $1,320 +0.8% | $49,600 -0.2% |
| 2016 | $1,310 | $49,700 |
| 2015 | $1,310 +17% | $49,700 +13.7% |
| 2014 | $1,120 | $43,700 |
| 2013 | -- | $43,700 -15.5% |
| 2012 | -- | $51,700 |
| 2011 | -- | $51,700 -9.6% |
| 2010 | -- | $57,200 |
| 2009 | -- | $57,200 +4.4% |
| 2008 | -- | $54,800 |
| 2007 | -- | $54,800 +9.4% |
| 2006 | -- | $50,100 |
| 2005 | -- | $50,100 +16.1% |
| 2003 | -- | $43,170 +45.2% |
| 2002 | -- | $29,740 |
| 2001 | -- | $29,740 |
Find assessor info on the county website
Neighborhood: King Irving
Nearby homes
- $169,6002 bd1 ba-- sqft1503 Forest Ave #1, Des Moines, IA 50314Off Market
- $159,2003 bd2 ba1.4k sqft1507 Forest Ave, Des Moines, IA 50314Off Market
- $113,2003 bd1 ba1.2k sqft1509 Forest Ave, Des Moines, IA 50314Off Market
- $--1 bd1 ba800 sqft1417 Forest Ave UNIT 8, Des Moines, IA 50314Off Market
- $98,3001 bd1 ba800 sqft1417 Forest Ave UNIT 2, Des Moines, IA 50314Off Market
- $98,3001 bd1 ba800 sqft1417 Forest Ave UNIT 6, Des Moines, IA 50314Off Market
- $--1 bd1 ba800 sqft1417 Forest Ave UNIT 1, Des Moines, IA 50314Off Market
- $133,2003 bd1 ba1.1k sqft1416 Harrison Ave, Des Moines, IA 50314Off Market
Nearby schools
GreatSchools rating
- 3/10King Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Callanan Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Roosevelt High SchoolGrades: 9-12Distance: 2.4 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$120,300
2% more
+$2,406
With Zillow Showcase(estimated)
$122,706
- Iowa
- Polk County
- Des Moines
- 50314
- King Irving
- 1503 Forest Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Des Moines Topics
