Pending

$150,000

3103 1st St, Des Moines, IA 50313

4beds

1,343sqft

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Multi Family

Built in 1911

-- sqft lot

$-- Zestimate^®

$112/sqft

$-- HOA

What's special

Great investment opportunity with this income-producing up/down triplex featuring 3 units, 4 total bedrooms, and 3 bathrooms. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the others, this property offers flexibility and potential. Conveniently located near schools, parks, and everyday amenities, it’s a smart addition with plenty of upside.

37 days

45

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Features

Basement: Finished

Interior area

Total structure area: 1,343
Total interior livable area: 1,343 sqft
Finished area below ground: 780

Property

Features

Levels: Two
Stories: 2

Lot

Size: 6,054 Square Feet

Details

Parcel number: 07000636000000
Zoning: Resid

Construction

Type & style

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

Materials

Wood Siding
Roof: Asphalt,Shingle

Condition

Year built: 1911

Utilities & green energy

Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Des Moines

Financial & listing details

Price per square foot: $112/sqft
Tax assessed value: $186,600
Annual tax amount: $3,517
Date on market: 5/18/2026
Cumulative days on market: 48 days
Listing terms: Cash,Conventional,FHA
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

$1,119/mo

Price history

Date	Event	Price
5/28/2026	Pending sale	$150,000$112/sqft
Source: DMMLS #741055 Report a problem
5/18/2026	Listed for sale	$150,000+1.6%$112/sqft
Source: DMMLS #741055 Report a problem
7/21/2025	Sold	$147,600-15.7%$110/sqft
Source: Public Record Report a problem
5/12/2022	Sold	$175,000-2.8%$130/sqft
Source: DMMLS #644307 Report a problem
3/2/2022	Pending sale	$180,000$134/sqft
Source: DMMLS #644307 Report a problem
1/19/2022	Listed for sale	$180,000$134/sqft
Source: DMMLS #644307 Report a problem
4/27/2021	Listing removed	--
Source: DMMLS Report a problem
3/2/2021	Listed for sale	$180,000+127.8%$134/sqft
Source: RE/MAX Precision #623291 Report a problem
6/7/2002	Sold	$79,000$59/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,262 +2.1%	$186,600 +14.8%
2024	$3,196 +33.1%	$162,500
2023	$2,402 +10.5%	$162,500 +59.5%
2022	$2,174 +8.1%	$101,900
2021	$2,012 -3.5%	$101,900 +14.2%
2020	$2,084 +9.7%	$89,200
2019	$1,900 +1.4%	$89,200 +12.6%
2018	$1,874	$79,200
2017	$1,874 +11.2%	$79,200 +8.9%
2016	$1,686	$72,700
2015	$1,686 +2.9%	$72,700 -0.3%
2014	$1,638	$72,900
2013	--	$72,900 -3.3%
2012	--	$75,400
2011	--	$75,400 -3.9%
2010	--	$78,500
2009	--	$78,500 +7.4%
2008	--	$73,100
2007	--	$73,100 +4.3%
2006	--	$70,100
2005	--	$70,100 +8.4%
2003	--	$64,690 +29.5%
2002	--	$49,960
2001	--	$49,960

Find assessor info on the county website

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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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