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For sale
    • $225,000

    2303 Carpenter Ave, Des Moines, IA 50311

    1beds
    --baths
    2,734sqft
    : 
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    Multi Family
    Built in 1907
    -- sqft lot
    $218,100 Zestimate®
    $82/sqft
    $-- HOA

    What's special

    Just blocks from the Drake University campus, this property, with 5 distinct units, offers multiple streams of revenue and a high cap rate potential in one of Des Moines’ most resilient rental markets.
    263 days
    |
    61
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Reagan (515)577-8142,

    RE/MAX Concepts

    Source: DMMLS,MLS#: 729166MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      Heating
      • Forced Air, Gas
      Cooling
      • See Remarks
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,734
      • Total interior livable area: 2,734 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 6,577 Square Feet
      • Dimensions: 62 x 106.4
      Details
      • Parcel number: 08006842000000
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Multi Family
      Materials
      • Frame
      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

      • Price per square foot: $82/sqft
      • Tax assessed value: $256,000
      • Annual tax amount: $290
      • Date on market: 10/27/2025
      • Cumulative days on market: 264 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas, Insurance, Water
      • Electric utility on property: Yes

        Estimated market value

        $218,100

        $207,000 - $229,000

        $1,061/mo

        Price history

        DateEventPrice
        12/15/2025Price change$225,000-4.3%$82/sqft
        Source: DMMLS #729166 Report a problem
        10/27/2025Listed for sale$235,000$86/sqft
        Source: DMMLS #729166 Report a problem
        4/5/2024Sold$235,000-6%$86/sqft
        Source: DMMLS #662167 Report a problem
        3/1/2024Pending sale$249,900$91/sqft
        Source: DMMLS #662167 Report a problem
        1/29/2024Price change$249,900-9.1%$91/sqft
        Source: DMMLS #662167 Report a problem
        10/5/2023Price change$275,000+3.8%$101/sqft
        Source: RE/MAX Central #662167 Report a problem
        1/31/2023Price change$265,000-3.6%$97/sqft
        Source: DMMLS #662167 Report a problem
        10/17/2022Listed for sale$275,000+27.9%$101/sqft
        Source: DMMLS #662167 Report a problem
        3/22/2021Sold$215,000-4.4%$79/sqft
        Source: DMMLS #621238 Report a problem
        2/11/2021Pending sale$225,000$82/sqft
        Source: RE/MAX Precision #621238 Report a problem
        1/26/2021Listed for sale$225,000+125%$82/sqft
        Source: RE/MAX Precision #621238 Report a problem
        1/20/2015Sold$100,000$37/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,758 -3.9%$256,000 +8%
        2024$4,953 +8.9%$237,000
        2023$4,548 -14.4%$237,000 +22.8%
        2022$5,316 +12.7%$193,000
        2021$4,718 -11%$193,000 +22.2%
        2020$5,300 +14.2%$158,000
        2019$4,640 -6%$158,000 +20.6%
        2018$4,934 $131,000
        2017$4,934 +2.3%$131,000 +11%
        2016$4,822 $118,000
        2015$4,822 +2.7%$118,000 +12.4%
        2014$4,696 $105,000
        2013-- $105,000
        2012-- $105,000
        2011-- $105,000 -11.4%
        2010-- $118,500
        2009-- $118,500
        2008-- $118,500
        2007-- $118,500
        2006-- $118,500 +24.9%
        2005-- $94,900 +12%
        2003-- $84,700 +24.9%
        2002-- $67,820
        2001-- $67,820
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: Carpenter

        Getting around

        83 / 100
        Very Walkable
        41 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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