Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods.
The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers.
This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.
For sale
$595,000
3103 Grand Ave, Des Moines, IA 50312
--beds
0baths
3,967sqft
Apartment, Multi Family
Built in 1913
-- sqft lot
$563,900 Zestimate®
$150/sqft
$-- HOA
What's special
Excellent visibilityMature tree-lined streetsWell-maintained multi-family building
- 79 days |
- 281 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Van Winkle Real Estate Team 515-276-2872,
RE/MAX Concepts-Ames,
Brian K Spraggins 515-276-2872,
RE/MAX Concepts-Ames
Source: CIBR,MLS#: 70035
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Window Unit(s)
Features
- Flooring: Vinyl, Carpet
- Basement: Partial
Interior area
- Total structure area: 3,967
- Total interior livable area: 3,967 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 0.53 Acres
Details
- Parcel number: 090/02175002000
- Zoning: NX3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
Condition
- Year built: 1913
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: $150/sqft
- Tax assessed value: $585,000
- Annual tax amount: $10,300
- Date on market: 4/29/2026
Estimated market value
$563,900
$536,000 - $592,000
$1,268/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $595,000+9%$150/sqft |
Source:  CIBR #70035 Report a problem | ||
| 1/1/2026 | Listing removed | $546,000$138/sqft |
Source: CIBR #66568 Report a problem | ||
| 6/26/2025 | Price change | $546,000+10.1%$138/sqft |
Source: CIBR #66568 Report a problem | ||
| 5/19/2025 | Price change | $496,000-16.6%$125/sqft |
Source: CIBR #66568 Report a problem | ||
| 4/23/2025 | Price change | $595,000-24.2%$150/sqft |
Source: CIBR #66568 Report a problem | ||
| 3/31/2025 | Listed for sale | $785,000$198/sqft |
Source: CIBR #66568 Report a problem | ||
| 8/22/2024 | Listing removed | $785,000$198/sqft |
Source: CIBR #65417 Report a problem | ||
| 8/12/2024 | Listed for sale | $785,000+9.8%$198/sqft |
Source: CIBR #65417 Report a problem | ||
| 10/31/2023 | Listing removed | $715,000$180/sqft |
Source: CIBR #63055 Report a problem | ||
| 8/29/2023 | Listed for sale | $715,000+258.4%$180/sqft |
Source: CIBR #63055 Report a problem | ||
| 4/15/2011 | Sold | $199,500+132.8%$50/sqft |
Source: Public Record Report a problem | ||
| 3/26/1999 | Sold | $85,700$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,800 +2% | $581,000 +8% |
| 2024 | $10,584 +2.8% | $538,000 |
| 2023 | $10,300 -14.4% | $538,000 +23.1% |
| 2022 | $12,038 +12.6% | $437,000 |
| 2021 | $10,690 -11% | $437,000 +22.1% |
| 2020 | $12,008 +14.2% | $358,000 |
| 2019 | $10,518 -6% | $358,000 +20.5% |
| 2018 | $11,186 | $297,000 |
| 2017 | $11,186 +2.2% | $297,000 +10.8% |
| 2016 | $10,950 | $268,000 |
| 2015 | $10,950 +2.9% | $268,000 +12.6% |
| 2014 | $10,642 | $238,000 |
| 2013 | -- | $238,000 |
| 2012 | -- | $238,000 |
| 2011 | -- | $238,000 -11% |
| 2010 | -- | $267,500 |
| 2009 | -- | $267,500 |
| 2008 | -- | $267,500 |
| 2007 | -- | $267,500 |
| 2006 | -- | $267,500 +25% |
| 2005 | -- | $214,000 +7% |
| 2003 | -- | $200,000 +95.8% |
| 2002 | -- | $102,140 |
| 2001 | -- | $102,140 |
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.Climate risks
Neighborhood: North of Grand
Nearby schools
GreatSchools rating
- 7/10Greenwood Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Callanan Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Roosevelt High SchoolGrades: 9-12Distance: 1.2 mi
- $--1 bd1 ba450 sqft3103 Grand Ave APT 6, Des Moines, IA 50312Off Market
- $--1 bd1 ba625 sqft3103 Grand Ave UNIT 5, Des Moines, IA 50312Off Market
- $--3 bd2 ba1.8k sqft3103 Grand Ave UNIT 3, Des Moines, IA 50312Off Market
- $--1 bd1 ba-- sqft3103 Grand Ave APT 7, Des Moines, IA 50312Off Market
- $---- bd-- ba-- sqft500 31st St #3, Des Moines, IA 50312Off Market
- $--1 bd1 ba649 sqft500 31st St APT 17, Des Moines, IA 50312Off Market
- $--1 bd1 ba828 sqft500 31st St #1972465, Des Moines, IA 50312Off Market
- $--1 bd1 ba600 sqft500 31st St #1972464, Des Moines, IA 50312Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $579,7775 bd4 ba3.2k sqft529 43rd St, Des Moines, IA 50312For Sale By Owner
- $590,0003 bd3 ba2k sqft3300 Elmwood Dr, Des Moines, IA 50312For Sale
MLS ID #740340, Sara Gaskell, Iowa Realty Mills Crossing. DMMLS - $530,0004 bd3 ba2.7k sqft413 38th Pl, Des Moines, IA 50312For Sale
MLS ID #741271, Mariah Klemp, RE/MAX Concepts. DMMLS - $620,000-- bd-- ba4.8k sqft1940 Arlington Ave, Des Moines, IA 50314For Sale
MLS ID #70707, Ryan Rohlf, Keller Williams Legacy Group. CIBR - $590,0008 bd4 ba3.4k sqft707 & 715 E McKinley Ave, Des Moines, IA 50315For SaleMLS ID #742767, Dustin Kupka, RE/MAX Precision. DMMLS
- $670,0004 bd4 ba2.3k sqft724 54th St, Des Moines, IA 50312For SaleMLS ID #743304, Micole Chapman, RE/MAX Concepts. DMMLS
- $610,0005 bd4 ba3.2k sqft1010 56th St, Des Moines, IA 50311For SaleMLS ID #724553, SONNY GREENE, Iowa Realty Mills Crossing. DMMLS
- $469,9006 bd4 ba4.1k sqft2525 51st St, Des Moines, IA 50310For SaleMLS ID #742879, Amy Dempsey, RE/MAX Precision. DMMLS
- $515,0005 bd3 ba2.6k sqft1080 31st St, Des Moines, IA 50311For SaleMLS ID #708076, MELANEE STANBROUGH, Iowa Realty Mills Crossing. DMMLS
- $485,0006 bd3 ba2.6k sqft702 Polk Blvd, Des Moines, IA 50312For SaleMLS ID #725439, Darson Grantham, Keller Williams Realty GDM. DMMLS
- $549,9007 bd4 ba3.2k sqft930 18th St, Des Moines, IA 50314ActiveMLS ID #6333079, Gilbert Gonzales, RE/MAX Precision Marshalltown. NoCoast MLS as distributed by MLS GRID
- $385,0006 bd5 ba3.3k sqft2931 Kingman Blvd, Des Moines, IA 50311For SaleMLS ID #740269, Meghan O'Brien, Realty ONE Group Impact. DMMLS
- $424,9504 bd3 ba2.4k sqft415 42nd St, Des Moines, IA 50312For SaleMLS ID #739318, Jeffrey Hagel, Jeff Hagel Real Estate. DMMLS
- $332,0005 bd3 ba2.3k sqft654 36th St, Des Moines, IA 50312For SaleMLS ID #736890, Jodi Moyer, Realty ONE Group Impact. DMMLS
- $749,0004 bd4 ba2.8k sqft3939 River Oaks Dr, Des Moines, IA 50312For SaleMLS ID #736302, Darla Willett-Rohrssen, Iowa Realty Mills Crossing. DMMLS
- $410,0005 bd3 ba3.3k sqft2006-2008 E 12th St, Des Moines, IA 50316For SaleMLS ID #738930, Zac Bales-Henry, Black Phoenix Group. DMMLS
- $350,0005 bd2 ba2k sqft683 35th St, Des Moines, IA 50312For SaleMLS ID #70022, Ryan Rohlf, Keller Williams Legacy Group. CIBR
- $775,00012 bd12 ba5.9k sqft1137 26th St, Des Moines, IA 50311For SaleMLS ID #739441, Jared Husmann, Keller Williams Realty GDM. DMMLS
- $419,0005 bd6 ba2.9k sqft658 18th St, Des Moines, IA 50314For SaleMLS ID #737568, Darson Grantham, Keller Williams Realty GDM. DMMLS
- $539,0004 bd4 ba2.3k sqft1900 McKinley Ave, Des Moines, IA 50315For SaleMLS ID #734649, Krisanne Colby, Simply Better Realty, LLC. DMMLS
