Steps from Drake University and surrounded by ongoing neighborhood revitalization, 3101 Cottage Grove is primed for transformation. Currently a 7 unit building, it shines brightest as a candidate for conversion back to a stately single family home. The property sits within an InvestDSM program area making it eligible for grants, reimbursements, and low interest rehab loans plus NFC Advantage Lending benefits that can offset renovation costs. Historic homes nearby have already seen significant value growth, fueled by preservation efforts and new local businesses. City code upgrades for electrical and HVAC are required for continued multifamily use, but those same improvements can anchor a top tier single family redesign. Bring your vision and capture this rare location plus funding opportunity. Property sold as is; buyer to verify all incentives and requirements.
Sold for $175,000
$175,000
3101 Cottage Grove Ave, Des Moines, IA 50311
4beds
3,067sqft
Multi Family
Built in 1910
-- sqft lot
$174,600 Zestimate®
$57/sqft
$1,234 Estimated rent
Home value
$174,600
$166,000 - $183,000
$1,234/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sarah Kavalier (515)202-6801,
LPT Realty, LLC
Bought with:
Sarah Shaffer
Realty ONE Group Impact
Source: DMMLS,MLS#: 725841
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Forced Air, Gas, Natural Gas
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,067
- Total interior livable area: 3,067 sqft
- Finished area below ground: 0
Property
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 9,801 Square Feet
- Dimensions: 89 x 110
Details
- Parcel number: 09004636020000
- Zoning: Z
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Three Story
- Property subtype: Multi Family
Materials
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1910
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: $57/sqft
- Tax assessed value: $255,000
- Annual tax amount: $4,812
- Date on market: 9/9/2025
- Cumulative days on market: 76 days
- Listing terms: Cash,Contract
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $175,000-30%$57/sqft |
Source:  DMMLS #725841 Report a problem | ||
| 11/24/2025 | Pending sale | $250,000$82/sqft |
Source: DMMLS #725841 Report a problem | ||
| 10/21/2025 | Price change | $250,000-9.1%$82/sqft |
Source: DMMLS #725841 Report a problem | ||
| 9/9/2025 | Listed for sale | $275,000$90/sqft |
Source: DMMLS #725841 Report a problem | ||
| 9/9/2025 | Listing removed | $275,000$90/sqft |
Source: DMMLS #721402 Report a problem | ||
| 7/1/2025 | Listed for sale | $275,000+69.2%$90/sqft |
Source: DMMLS #721402 Report a problem | ||
| 3/4/2008 | Sold | $162,500-10.7%$53/sqft |
Source: Public Record Report a problem | ||
| 6/30/2006 | Sold | $182,000+227.9%$59/sqft |
Source: Public Record Report a problem | ||
| 1/21/1998 | Sold | $55,500$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,738 +2.1% | $255,000 +8.1% |
| 2024 | $4,642 +2.6% | $236,000 |
| 2023 | $4,526 -14.4% | $236,000 +22.9% |
| 2022 | $5,288 +12.8% | $192,000 |
| 2021 | $4,688 -11% | $192,000 +22.3% |
| 2020 | $5,266 +14.4% | $157,000 |
| 2019 | $4,604 -6% | $157,000 +20.8% |
| 2018 | $4,896 | $130,000 |
| 2017 | $4,896 +2.4% | $130,000 +11.1% |
| 2016 | $4,780 | $117,000 |
| 2015 | $4,780 +2.8% | $117,000 +12.5% |
| 2014 | $4,650 | $104,000 |
| 2013 | -- | $104,000 |
| 2012 | -- | $104,000 |
| 2011 | -- | $104,000 -11.1% |
| 2010 | -- | $117,000 |
| 2009 | -- | $117,000 |
| 2008 | -- | $117,000 |
| 2007 | -- | $117,000 |
| 2006 | -- | $117,000 +25.1% |
| 2005 | -- | $93,500 +16% |
| 2003 | -- | $80,600 +40.1% |
| 2002 | -- | $57,540 |
| 2001 | -- | $57,540 |
Find assessor info on the county website
Neighborhood: Drake
Nearby homes
- $---- bd1 ba360 sqft3101 Cottage Grove Ave #6, Des Moines, IA 50311Off Market
- $--1 bd1 ba500 sqft3101 Cottage Grove Ave #31, Des Moines, IA 50311Off Market
- $--1 bd1 ba850 sqft3101 Cottage Grove Ave APT 2, Des Moines, IA 50311Off Market
- $---- bd1 ba300 sqft3101 Cottage Grove Ave APT 4, Des Moines, IA 50311Off Market
- $324,1003 bd1 ba1.9k sqft3105 Cottage Grove Ave, Des Moines, IA 50311Off Market
- $232,5004 bd2 ba1.9k sqft1112 31st St, Des Moines, IA 50311Sold
- $255,0004 bd2 ba1.6k sqft1116 31st St, Des Moines, IA 50311Sold
- $293,2004 bd1 ba2.1k sqft2939 Cottage Grove Ave, Des Moines, IA 50311Off Market
Nearby schools
GreatSchools rating
- 4/10Hubbell Elementary SchoolGrades: K-5Distance: 0.9 mi
- 2/10Callanan Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Roosevelt High SchoolGrades: 9-12Distance: 1.2 mi
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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- Iowa
- Polk County
- Des Moines
- 50311
- Drake
- 3101 Cottage Grove Ave
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