Investors! Looking for your next project? This unique parcel features two properties with significant renovation and investment potential. 2312 Forest Ave is a block commercial building offering approximately 1,144 sq. ft. of finished space, ideal for a retail storefront, office, or other commercial use. The upper level includes two 2-bedroom apartments, both taken down to the studs and ready for a complete remodel. 1370 23rd St. is a historic Victorian home that has been fully gutted and is ready for renovation. With approximately 4,124 sq. ft., the property was previously configured as seven apartments, offering the potential for a substantial redevelopment opportunity. With both properties already opened up for renovation, this parcel presents an opportunity for investors looking to rehab, reposition, and add value. Value-Add Investment Opportunity — Two Properties on One Parcel. Permits ready to be pulled.
For sale
$200,000
2312 Forest Ave, Des Moines, IA 50311
--beds
--baths
7,238sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$28/sqft
$-- HOA
What's special
Historic victorian home
- 5 days
- 251
- 19
Zillow last checked:
Listing updated:
Listed by:
Timothy Schutte (515)253-3948,
EXIT Realty & Associates,
Jasmina Salkic-Schutte 319-883-6995,
EXIT Realty & Associates
Source: DMMLS,MLS#: 749583
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Features
- Flooring: Tile
- Basement: Partial
Interior area
- Total structure area: 7,238
- Total interior livable area: 7,238 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
- Dimensions: 162 x 70
- Features: Corner Lot
Details
- Parcel number: 08001563000000
- Zoning: NPC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block, Brick/Mortar, Slab
Condition
- Year built: 1900
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: $28/sqft
- Tax assessed value: $177,000
- Annual tax amount: $3,336
- Date on market: 9/18/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $200,000+17.6%$28/sqft |
Source: | ||
| 2/9/2024 | Sold | $170,000-15%$23/sqft |
Source: | ||
| 8/25/2023 | Pending sale | $200,000$28/sqft |
Source: | ||
| 6/9/2023 | Price change | $200,000-20%$28/sqft |
Source: | ||
| 12/13/2022 | Listed for sale | $249,900$35/sqft |
Source: | ||
| 9/19/2022 | Pending sale | $249,900$35/sqft |
Source: | ||
| 7/22/2022 | Listed for sale | $249,900+10.5%$35/sqft |
Source: | ||
| 4/25/2022 | Listing removed | -- |
Source: | ||
| 3/3/2022 | Pending sale | $226,200$31/sqft |
Source: | ||
| 3/3/2022 | Listed for sale | $226,200+205.7%$31/sqft |
Source: | ||
| 5/25/2007 | Sold | $74,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,858 +80.8% | $177,000 +4.1% |
| 2024 | $5,452 +2.3% | $170,000 -38.7% |
| 2023 | $5,332 -13% | $277,100 +22.5% |
| 2022 | $6,126 +10.6% | $226,200 +797.6% |
| 2021 | $5,538 -10.2% | $25,200 +2.9% |
| 2020 | $6,170 +12.8% | $24,500 |
| 2019 | $5,468 -5.2% | $24,500 +7% |
| 2018 | $5,770 | $22,900 |
| 2017 | $5,770 -6.5% | $22,900 +8.3% |
| 2016 | $6,170 | $21,140 -86% |
| 2015 | $6,170 +3% | $151,000 +12.7% |
| 2014 | $5,992 | $134,000 |
| 2013 | -- | $134,000 |
| 2012 | -- | $134,000 |
| 2011 | -- | $134,000 -5.3% |
| 2010 | -- | $141,500 |
| 2009 | -- | $141,500 |
| 2008 | -- | $141,500 |
| 2007 | -- | $141,500 |
| 2006 | -- | $141,500 +25.2% |
| 2005 | -- | $113,000 +9.8% |
| 2003 | -- | $102,900 +6.1% |
| 2002 | -- | $97,000 |
| 2001 | -- | $97,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Carpenter
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.




