For sale

$260,000

4004 Cornell St, Des Moines, IA 50313

5beds

2,083sqft

$1,852/mo

Get pre-qualified

Duplex, Multi Family

Built in 1949

-- sqft lot

$-- Zestimate^®

$125/sqft

$-- HOA

What's special

Private fenced backyardNew roofNew gutters

Come check out this great up-down duplex opportunity near the Highland Park neighborhood! Whether you're looking to add a cash-flowing property to your portfolio or explore the possibilities of house hacking, this property offers plenty of potential. The upper unit features 2 bedrooms, 1 bathroom, an apartment-style layout, and its own private driveway. The lower unit offers 3 bedrooms, 1 bathroom, an additional non-conforming room in the basement, and a partially finished lower level. This unit also features its own private driveway, a 2-car detached garage, and a private fenced backyard. Recent improvements include a new roof, new gutters, and a radon mitigation system already in place, giving the next owner some valuable updates from day one. Don't miss the opportunity to acquire a property with the potential to generate cash flow while offering separate spaces and amenities for each unit. Book your showing today!

5 days

450

28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air, Window Unit(s)

Appliances

Included: Cooktop, Dryer, Dishwasher, Refrigerator, Stove, Washer

Features

Basement: Partially Finished

Interior area

Total structure area: 2,083
Total interior livable area: 2,083 sqft
Finished area below ground: 400

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Two Car Garage
Garage spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck
Exterior features: Deck
Fencing: Wood

Lot

Size: 0.32 Acres
Dimensions: 100 x 140
Features: Rectangular Lot

Details

Parcel number: 03381001000
Zoning: N3B

Construction

Type & style

Home type: MultiFamily
Architectural style: One and One Half Story,Duplex
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Foundation: Block
Roof: Asphalt,Shingle

Condition

Resale
New construction: No
Year built: 1949

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: $125/sqft
Tax assessed value: $292,900
Annual tax amount: $5,520
Date on market: 8/15/2026
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/15/2026	Listed for sale	$260,000+18.2%$125/sqft
Source: DMMLS #747359 Report a problem
9/25/2024	Sold	$220,000-6.4%$106/sqft
Source: DMMLS #696923 Report a problem
7/29/2024	Pending sale	$235,000$113/sqft
Source: DMMLS #696923 Report a problem
7/8/2024	Price change	$235,000-2.1%$113/sqft
Source: DMMLS #696923 Report a problem
6/24/2024	Price change	$240,000-3.6%$115/sqft
Source: DMMLS #696923 Report a problem
6/13/2024	Listed for sale	$249,000+158%$120/sqft
Source: DMMLS #696923 Report a problem
12/7/2000	Sold	$96,500$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,976 +2.1%	$292,900 +13.5%
2024	$4,872 +0.9%	$258,100
2023	$4,828 +0.8%	$258,100 +20.8%
2022	$4,788 +8.7%	$213,700
2021	$4,404 -3.6%	$213,700 +15.5%
2020	$4,570 +9.1%	$185,100
2019	$4,190 +1.2%	$185,100 +12.6%
2018	$4,142	$164,400
2017	$4,142 +10.6%	$164,400 +9%
2016	$3,744	$150,800
2015	$3,744 +0.7%	$150,800 -2.1%
2014	$3,718	$154,100
2013	--	$154,100 -0.4%
2012	--	$154,700
2011	--	$154,700 -4.1%
2010	--	$161,300
2009	--	$161,300 +4.7%
2008	--	$154,100
2007	--	$154,100 +10.6%
2006	--	$139,300
2005	--	$139,300 +10%
2003	--	$126,680 +14.2%
2002	--	$110,950 +6.5%
2001	--	$104,190