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For sale
  • $200,000

    2312 Forest Ave, Des Moines, IA 50311

    --beds
    --baths
    7,238sqft
    : 
    $1,509/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $28/sqft
    $-- HOA

    What's special

    Historic victorian home
    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.
    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#: 749583MLS LogoOriginating 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

        DateEventPrice
        9/18/2026Listed for sale$200,000+17.6%$28/sqft
        Source: DMMLS #749583 Report a problem
        2/9/2024Sold$170,000-15%$23/sqft
        Source: DMMLS #656910 Report a problem
        8/25/2023Pending sale$200,000$28/sqft
        Source: DMMLS #656910 Report a problem
        6/9/2023Price change$200,000-20%$28/sqft
        Source: DMMLS #656910 Report a problem
        12/13/2022Listed for sale$249,900$35/sqft
        Source: DMMLS #656910 Report a problem
        9/19/2022Pending sale$249,900$35/sqft
        Source: DMMLS #656910 Report a problem
        7/22/2022Listed for sale$249,900+10.5%$35/sqft
        Source: DMMLS #656910 Report a problem
        4/25/2022Listing removed--
        Source: DMMLS #646761 Report a problem
        3/3/2022Pending sale$226,200$31/sqft
        Source: DMMLS #646761 Report a problem
        3/3/2022Listed for sale$226,200+205.7%$31/sqft
        Source: DMMLS #646761 Report a problem
        5/25/2007Sold$74,000$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Carpenter

        Getting around

        81 / 100
        Very Walkable
        41 / 100
        Some Transit
        50 / 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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