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Sold for $540,000
    • $540,000

    2738 51st St, Des Moines, IA 50310

    8beds
    --sqft
    Duplex, Multi Family, Multi Family
    Built in 1992
    -- sqft lot
    $573,200 Zestimate®
    $--/sqft
    $1,454 Estimated rent

    Home value

    $573,200

    $522,000 - $631,000

    $1,454/mo

    Zestimate® history
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    What's special

    Full kitchen
    Fantastic turnkey investment opportunity! Two duplexes built in 1992 on one parcel in prime NW Des Moines location. Each duplex offers 2 spacious units For a total of 4 units. Each unit is 2 bedrooms and 1.5 baths, a full kitchen, laundry, and unfinished basement with poured foundation. Patio and nice side/backyard. 4 garage spaces and plenty of additional parking with each unit. Fully rented with long term tenants. Rental certificates good until January 2027. Plenty of upside with increasing rents to market rate.

    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy Schutte (515)253-3948,

    EXIT Realty & Associates,

    Salkic-Schutte, Jasmina 319-883-6995,

    EXIT Realty & Associates

    Bought with:

    Sarah Poznanski

    Century 21 Signature

    Source: DMMLS,MLS#: 687600MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, See Remarks, Stove
    Features
    • Basement: Unfinished

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Detached, Garage, Two Car Garage
    • Attached garage spaces: 2
    Lot
    • Size: 0.43 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 100/03972000000
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Des Moines

    Financial & listing details

    • Tax assessed value: $542,500
    • Annual tax amount: $9,301
    • Date on market: 1/11/2024
    • Cumulative days on market: 40 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/22/2024Sold$540,000-8.5%
    Source: DMMLS #687600 Report a problem
    2/23/2024Pending sale$590,000
    Source: DMMLS #687600 Report a problem
    2/8/2024Price change$590,000-1.7%
    Source: DMMLS #687600 Report a problem
    1/11/2024Listed for sale$600,000+62.2%
    Source: DMMLS #687600 Report a problem
    4/17/2020Sold$370,000-7.5%
    Source: DMMLS #600095 Report a problem
    3/9/2020Pending sale$400,000
    Source: Keller Williams Realty GDM #600095 Report a problem
    3/2/2020Listed for sale$400,000-86.9%
    Source: Keller Williams Realty GDM #600095 Report a problem
    10/19/2015Sold$3,045,500+78.9%
    Source: Public Record Report a problem
    4/2/2014Sold$1,702,500+1214.7%
    Source: Public Record Report a problem
    7/22/2004Sold$129,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,344 +2.1%$542,500 +16.6%
    2024$9,156 -7.3%$465,400
    2023$9,879 +9.7%$465,400 +20.9%
    2022$9,008 -1.8%$385,100
    2021$9,176 -3.7%$385,100 +4.7%
    2020$9,532 +7.6%$367,700
    2019$8,858 +1%$367,700 +11.6%
    2018$8,768 $329,600
    2017$8,768 +14%$329,600 +12.9%
    2016$7,692 $291,900
    2015$7,692 +11.5%$291,900 +8.4%
    2014$6,896 $269,300
    2013-- $269,300 -0.5%
    2012-- $270,600
    2011-- $270,600 -7%
    2010-- $291,100
    2009-- $291,100 -8.5%
    2008-- $318,100
    2007-- $318,100 +5.1%
    2006-- $302,800
    2005-- $302,800 +15.1%
    2003-- $263,010 +8.9%
    2002-- $241,500
    2001-- $241,500
    Find assessor info on the county website

    Neighborhood: Merle Hay

    Nearby homes

    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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    $573,200
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    $584,664

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