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Pending
  • $240,000

    2915 Cottage Grove Ave, Des Moines, IA 50311

    6beds
    2,838sqft
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    Multi Family
    Built in 1888
    -- sqft lot
    $229,400 Zestimate®
    $85/sqft
    $-- HOA

    What's special

    Gleaming hardwood floorsWarm inviting feelUpdated kitchens
    $2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath — offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls within the InvestDSM revitalization zone — supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.
    22 days
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    82
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    Zillow last checked:

    Listing updated:

    Listed by:

    Darson Grantham (641)745-0156,

    Keller Williams Realty GDM,

    Eric Fitzgerald 507-382-1570,

    Keller Williams Realty GDM

    Source: DMMLS,MLS#: 741730MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Features
      • Flooring: Tile
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,838
      • Total interior livable area: 2,838 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 7,971 Square Feet
      • Dimensions: 60 x 133
      Details
      • Parcel number: 09003683000000
      • Zoning: R1-60

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Multi Family
      Condition
      • Year built: 1888

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • 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: $85/sqft
      • Tax assessed value: $251,000
      • Annual tax amount: $4,731
      • Date on market: 5/28/2026
      • Cumulative days on market: 54 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes

        Estimated market value

        $229,400

        $218,000 - $241,000

        $1,048/mo

        Price history

        DateEventPrice
        7/8/2026Listing removed$725
        Source: Zillow Rentals Report a problem
        6/30/2026Pending sale$240,000$85/sqft
        Source: DMMLS #741730 Report a problem
        5/29/2026Listed for sale$240,000+13.7%$85/sqft
        Source: DMMLS #741730 Report a problem
        12/29/2025Listed for rent$725
        Source: Zillow Rentals Report a problem
        6/15/2021Sold$211,000$74/sqft
        Source: DMMLS #622200 Report a problem
        5/20/2021Pending sale$211,000$74/sqft
        Source: DMMLS #622200 Report a problem
        5/10/2021Listed for sale$211,000$74/sqft
        Source: DMMLS #622200 Report a problem
        2/16/2021Listing removed--
        Source: RE/MAX Central Report a problem
        2/11/2021Listed for sale$211,000+36.6%$74/sqft
        Source: RE/MAX Revolution #622200 Report a problem
        9/25/2018Sold$154,500+87.3%$54/sqft
        Source: Public Record Report a problem
        7/24/2015Sold$82,500+29.9%$29/sqft
        Source: DMMLS #450715 Report a problem
        11/18/2011Sold$63,500-0.6%$22/sqft
        Source: Public Record Report a problem
        3/2/2011Sold$63,900$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,658 +2.1%$251,000 +8.2%
        2024$4,564 +2.5%$232,000
        2023$4,454 -14.4%$232,000 +22.8%
        2022$5,206 +12.5%$189,000
        2021$4,628 -11%$189,000 +21.9%
        2020$5,198 -2.1%$155,000
        2019$5,312 +72%$155,000 +3.3%
        2018$3,088 $150,000 +82.9%
        2017$3,088 -7.8%$82,000
        2016$3,350 $82,000
        2015$3,350 +2.6%$82,000 +12.3%
        2014$3,264 $73,000
        2013-- $73,000
        2012-- $73,000
        2011-- $73,000 -11.3%
        2010-- $82,300
        2009-- $82,300
        2008-- $82,300
        2007-- $82,300
        2006-- $82,300 +18.9%
        2005-- $69,200 +13.1%
        2003-- $61,200 +40.1%
        2002-- $43,680
        2001-- $43,680
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Drake

        Getting around

        66 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        54 / 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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