Fantastic Investment Opportunity!
This turnkey, income-producing duplex comes with a current rental certificate and immediate cash flow potential. Each unit features 2 bedrooms, 1 bathroom, a spacious kitchen, and a comfortable living room.
The walk-out basements offer expansion opportunities—finish them to add additional bedrooms and living space, increasing rental income. The deep backyard also provides space to add a garage for even more rent potential.
With a strong rental history, this property is a solid portfolio addition for investors. It’s also ideal for owner-occupants who want to live in one unit while offsetting their mortgage with rental income.
Recent updates include new windows in 2023. Each unit rents for $925/month. Unit 347 is currently occupied, Unit 349 is vacant.
Close to shopping and the bus line.
Don’t miss this chance—schedule your showing today with a Realtor!
Sold for $227,950
$227,950
349 E Rose Ave, Des Moines, IA 50315
4beds
1,408sqft
Multi Family
Built in 1972
-- sqft lot
$243,500 Zestimate®
$162/sqft
$1,367 Estimated rent
Home value
$243,500
$212,000 - $273,000
$1,367/mo
Zestimate® history
Owner options
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$1,367/mo
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$1,367/mo
Rent Zestimate®
Refinance and save
$1,626/mo
Est. payment
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$1,626/mo
Est. payment
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List your homeWhat's special
Deep backyardSpacious kitchen
Zillow last checked:
Listing updated:
Listed by:
Ryan Rivera (515)554-5870,
Zealty Home Advisors,
Angela Ousley 515-988-6609,
Zealty Home Advisors
Bought with:
Elyse Rogers
Keller Williams Realty GDM
Source: DMMLS,MLS#: 716304
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Stove
Features
- Flooring: Carpet, Laminate
- Basement: Walk-Out Access
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.43 Acres
- Dimensions: 79 x 239
- Features: Rectangular Lot
Details
- Parcel number: 01004561000000
- Zoning: N3A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Year built: 1972
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
- HOA name: Renter's Warehouse
- HOA phone: 515-528-4429
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $226,700
- Annual tax amount: $4,278
- Date on market: 4/24/2025
- Cumulative days on market: 162 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Insurance, Water
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Listing removed | $995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2025 | Sold | $227,950-2.6%$162/sqft |
Source:  DMMLS #716304 Report a problem | ||
| 10/22/2025 | Pending sale | $234,000$166/sqft |
Source: DMMLS #716304 Report a problem | ||
| 9/3/2025 | Listed for rent | $995+7.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2025 | Listed for sale | $234,000+97.5%$166/sqft |
Source: DMMLS #716304 Report a problem | ||
| 6/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/2/2024 | Listed for rent | $925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2007 | Sold | $118,500$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,118 +2.1% | $226,700 +10.5% |
| 2024 | $4,034 +2.8% | $205,100 |
| 2023 | $3,926 -3.7% | $205,100 +23.1% |
| 2022 | $4,076 +7.6% | $166,600 |
| 2021 | $3,788 -3.8% | $166,600 +9.7% |
| 2020 | $3,936 +7.2% | $151,800 |
| 2019 | $3,672 +1% | $151,800 +11.1% |
| 2018 | $3,634 | $136,600 |
| 2017 | $3,634 +10.1% | $136,600 +9.1% |
| 2016 | $3,300 | $125,200 |
| 2015 | $3,300 -5.5% | $125,200 -0.9% |
| 2014 | $3,491 | $126,300 |
| 2013 | -- | $126,300 -0.2% |
| 2012 | -- | $126,600 |
| 2011 | -- | $126,600 -0.6% |
| 2010 | -- | $127,400 |
| 2009 | -- | $127,400 +0.2% |
| 2008 | -- | $127,100 |
| 2007 | -- | $127,100 +7.6% |
| 2006 | -- | $118,100 |
| 2005 | -- | $118,100 +11.7% |
| 2003 | -- | $105,700 +7.6% |
| 2002 | -- | $98,250 |
| 2001 | -- | $98,250 |
Find assessor info on the county website
Neighborhood: 50315
Nearby homes
- $--2 bd1 ba704 sqft347 E Rose Ave, Des Moines, IA 50315Off Market
- $187,0002 bd1 ba908 sqft401 E Rose Ave, Des Moines, IA 50315Off Market
- $165,4003 bd1 ba1.2k sqft345 E Rose Ave, Des Moines, IA 50315Off Market
- $184,0003 bd1 ba908 sqft407 E Rose Ave, Des Moines, IA 50315Off Market
- $330,0004 bd2 ba1.2k sqft341 E Rose Ave, Des Moines, IA 50315For Sale
- $233,6003 bd1 ba908 sqft413 E Rose Ave, Des Moines, IA 50315Off Market
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- $220,6002 bd1 ba1.6k sqft400 E Watrous Ave, Des Moines, IA 50315Off Market
Nearby schools
GreatSchools rating
- 4/10South Union Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Weeks Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 1.3 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
- 50315
- 349 E Rose Ave
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