For sale

$225,000

2911 5th Ave, Des Moines, IA 50313

6beds

1,562sqft

$1,741/mo

Get pre-qualified

Multi Family

Built in 1890

-- sqft lot

$217,800 Zestimate^®

$144/sqft

$-- HOA

What's special

Ceiling fansLaminate and vinyl flooringNewer roof

Looking to grow your rental portfolio? This north side Des Moines duplex is already tenant occupied and ready to go. The building in general has a newer foundation (not original to the year build), same with the electrical and plumbing, both have been updated since originally built. Each unit has its own entrance, and the upper unit enjoys a private staircase and covered deck off French doors. Both units feature laminate and vinyl flooring, ceiling fans, and functional kitchens with ample cabinetry. Also has a newer roof after the Duracho storms!. Downstairs, the previously finished apartment has beeng gutted due to a pluming leak 10 yrs ago and is now unfinished basement leaves room to add value, and the deep backyard gives tenants space to enjoy the outdoors. A smart buy for investors who want income now with upside later.

3 days
64
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Electric

Cooling

Window Unit(s)

Appliances

Included: Dryer, Refrigerator, Stove, Washer

Features

Cable TV
Flooring: Carpet, Laminate, Vinyl
Basement: Unfinished

Interior area

Total structure area: 1,562
Total interior livable area: 1,562 sqft

Property

Features

Levels: Three Or More
Stories: 3

Lot

Size: 6,490 Square Feet
Dimensions: 50 x 130

Details

Parcel number: 07002419000000
Zoning: N5

Construction

Type & style

Home type: MultiFamily
Architectural style: Three Story
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 1890

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: $144/sqft
Tax assessed value: $75,200
Annual tax amount: $1,418
Date on market: 10/30/2026
Cumulative days on market: 3 days
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

$217,800

$207,000 - $229,000

$1,027/mo

Price history

Date	Event	Price
10/30/2026	Listed for sale	$225,000-18.2%$144/sqft
Source: DMMLS #751314 Report a problem
5/25/2023	Listing removed	--
Source: DMMLS #667256 Report a problem
3/27/2023	Price change	$275,000-8.3%$176/sqft
Source: DMMLS #667256 Report a problem
2/8/2023	Listed for sale	$300,000-6.3%$192/sqft
Source: DMMLS #667256 Report a problem
2/3/2023	Listing removed	--
Source: RE/MAX Central Report a problem
12/14/2022	Price change	$320,000-15.8%$205/sqft
Source: DMMLS #663348 Report a problem
11/7/2022	Listed for sale	$380,000+1145.9%$243/sqft
Source: DMMLS #663348 Report a problem
2/10/2004	Sold	$30,500-39.8%$20/sqft
Source: Public Record Report a problem
12/31/2002	Sold	$50,698$32/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,560 +13.9%	$75,200 +8%
2024	$1,370 -19.3%	$69,600
2023	$1,698 +8.8%	$69,600 +23%
2022	$1,560 +12.6%	$56,600
2021	$1,386 -23.7%	$56,600 +22%
2020	$1,815 +14.5%	$46,400
2019	$1,585 -24.4%	$46,400 +20.5%
2018	$2,096 +44.5%	$38,500
2017	$1,450 +1.4%	$38,500 +10%
2016	$1,430	$35,000
2015	$1,430 +3.2%	$35,000 +12.9%
2014	$1,386	$31,000
2013	--	$31,000
2012	--	$31,000
2011	--	$31,000 -10.4%
2010	--	$34,600
2009	--	$34,600
2008	--	$34,600
2007	--	$34,600
2006	--	$34,600 +12.7%
2005	--	$30,700 -37.1%
2003	--	$48,800 +40.1%
2002	--	$34,830
2001	--	$34,830