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Pending
    • Price cut: $10K (5/7)
    $330,000

    2936 Brattleboro Ave, Des Moines, IA 50311

    4beds
    2,522sqft
    : 
    $2,373/mo
    Get pre-qualified
    Multi Family
    Built in 1895
    -- sqft lot
    $316,400 Zestimate®
    $131/sqft
    $-- HOA

    What's special

    Conversion to electric heat
    Well-located 5-unit multifamily in the Drake area offering a rare mix of stability and immediate upside. Quiet building with a solid history of long-term tenancy and consistent performance. The property features four 1-bedroom units and one efficiency, with current rent levels positioned for strong cash flow: Unit 1: $800 Unit 2: $675 Unit 3: $500 Unit 4: $550 Unit 5: $800 Recent system improvements include a conversion to electric heat (previously dual furnaces). Tenants pay their own electric, with separate meters already in place. Landlord expenses are limited to water, house electric, and gas for the water heater, supporting favorable operating margins. Additional income and value features include: Coin-operated laundry in the basement 2-car detached garage Extra storage in the unfinished attic and basement This property is well-suited for investors seeking a low-turnover asset with multiple income streams, clean utility separation, and long-term hold potential in a proven rental location. Schedule a showing to review the numbers and evaluate the upside in person.
    58 days
    |
    13
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shonna Murrey 515-612-8939,

    Epique Realty

    Source: DMMLS,MLS#: 733321MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 3/4 bathrooms: 2
      Heating
      • Baseboard, Electric, Forced Air, Gas, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dryer, Microwave, Refrigerator, Stove, Washer
      Features
      • Flooring: Carpet, Laminate
      • Basement: Egress Windows
      Interior area
      • Total structure area: 2,522
      • Total interior livable area: 2,522 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage, Two Car Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 9,888 Square Feet
      • Dimensions: 75 x 132
      Details
      • Parcel number: 09003675000000
      • Zoning: R1-60

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Multi Family
      Materials
      • Metal Siding
      • Foundation: Brick/Mortar
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1895

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Sidewalks
      HOA
      • Has HOA: No
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $131/sqft
      • Tax assessed value: $244,000
      • Annual tax amount: $4,599
      • Date on market: 1/23/2026
      • Cumulative days on market: 188 days
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        $316,400

        $301,000 - $332,000

        $1,119/mo

        Price history

        DateEventPrice
        7/29/2026Listed for rent$850
        Source: Zillow Rentals Report a problem
        6/3/2026Pending sale$330,000$131/sqft
        Source: DMMLS #733321 Report a problem
        5/7/2026Price change$330,000-2.9%$131/sqft
        Source: DMMLS #733321 Report a problem
        4/16/2026Price change$340,000-2.7%$135/sqft
        Source: DMMLS #733321 Report a problem
        3/30/2026Price change$349,500-0.1%$139/sqft
        Source: DMMLS #733321 Report a problem
        1/23/2026Listed for sale$350,000+18.6%$139/sqft
        Source: DMMLS #733321 Report a problem
        5/25/2023Listing removed--
        Source: DMMLS #654503 Report a problem
        9/27/2022Sold$295,000$117/sqft
        Source: DMMLS #654503 Report a problem
        8/31/2022Pending sale$295,000$117/sqft
        Source: DMMLS #654503 Report a problem
        6/23/2022Price change$295,000-15.7%$117/sqft
        Source: DMMLS #654503 Report a problem
        6/22/2022Listed for sale$350,000$139/sqft
        Source: DMMLS #654503 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,536 +2%$244,000 +8%
        2024$4,446 +2.5%$226,000
        2023$4,336 -14.4%$226,000 +22.8%
        2022$5,068 +12.4%$184,000
        2021$4,508 -11%$184,000 +21.9%
        2020$5,064 +14.4%$151,000
        2019$4,426 -6%$151,000 +20.8%
        2018$4,708 $125,000
        2017$4,708 +1.9%$125,000 +10.6%
        2016$4,618 $113,000
        2015$4,618 -7%$113,000 +1.8%
        2014$4,964 $111,000
        2013-- $111,000
        2012-- $111,000
        2011-- $111,000 -11.2%
        2010-- $125,000
        2009-- $125,000 -7.7%
        2008-- $135,500
        2007-- $135,500
        2006-- $135,500 +24.9%
        2005-- $108,500 +9.8%
        2003-- $98,800 +40%
        2002-- $70,580
        2001-- $70,580
        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.
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        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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