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Sold for $230,000
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  • $230,000

    2915 Cottage Grove Ave, Des Moines, IA 50311

    6beds
    2,838sqft
    Multi Family
    Built in 1888
    -- sqft lot
    $230,600 Zestimate®
    $81/sqft
    $-- Estimated rent

    Home value

    $230,600

    $219,000 - $242,000

    Not available

    Zestimate® history
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    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.

    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

    Bought with:

    Misty Darling

    BH&G Real Estate Innovations

    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: $81/sqft
    • Tax assessed value: $251,000
    • Annual tax amount: $4,731
    • Date on market: 5/28/2026
    • Cumulative days on market: 44 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/16/2026Sold$230,000-4.2%$81/sqft
    Source: DMMLS #741730 Report a problem
    8/6/2026Pending sale$240,000$85/sqft
    Source: DMMLS #741730 Report a problem
    7/24/2026Listed for sale$240,000$85/sqft
    Source: DMMLS #741730 Report a problem
    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

    Neighborhood: Drake

    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.

    Sell for more on Zillow
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    $230,600
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    With Zillow Showcase(estimated)

    $235,212

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $230,600
    2% more
    +$4,612
    With Zillow Showcase(estimated)

    $235,212