2453 E Grand Avenue Des Moines, IA $ 259,900
2453 E Grand Avenue
$ 259,900
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2453 E Grand Avenue

Des Moines, IA, 50317
$ 259,900
Bedrooms4 Baths4.0 Sq 5,132

Monthly Estimate*

$ 1,815

2453 E Grand Avenue, Des Moines, IA 50317 - Image 1
2453 E Grand Avenue, Des Moines, IA 50317 - Image 2
2453 E Grand Avenue, Des Moines, IA 50317 - Image 3
2453 E Grand Avenue, Des Moines, IA 50317 - Image 4
2453 E Grand Avenue, Des Moines, IA 50317 - Image 5
2453 E Grand Avenue, Des Moines, IA 50317 - Image 6

Multi-Family Home for sale in Des Moines, IA

for $259,900 with 4 bedrooms and 4 full baths. This 5,132 square foot home was built in 1915 on a lot size of 0.241.

Investment Opportunity! Unveil the potential of this property currently in the framing stage, strategically designed for four one-bedroom apartment units on the upper level and two commercial units on the ground floor. Full basement and detached garage for storage. This property requires a total rebuild with framing in place and electrical systems. With a versatile layout and a practical configuration, the property is poised for a lucrative return on investment. Embrace the prospect of crafting a dynamic investment portfolio within a busy neighborhood and only a few blocks from the state fairgrounds.

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Multi-Family Active

Price

$ 259,900

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,198

Style

Apartment

Lot Size

0.241

Year Built

1915

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

685807

Features
General
Roof Asphalt Shingle
Zoning R1-60
Garage Spaces 4.0
Construction Materials Brick MetalSiding
Year Built 1915
Property SubType Apartment
County Polk
New Construction N
Property Type MultiFamily
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Active
Directions 2453 East Grand Ave DSM IA 50317
City Des Moines
Buyer Agent Compensation 2.5000
View Y/N N
Senior Community Y/N N
High School District Des Moines Independent
MLS Area Des Moines East
Lot Size Square Feet 10500.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Grand
Listing Terms Cash Conventional Contract
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2198.38
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 136
Structure Type Apartment MultiFamily
Standard Status Active
Middle/Junior School District Des Moines Independent
Elementary School District Des Moines Independent
Legal Description W 15F LOT A W T SMITH GRAND AVENUE ADDITION TO GRANT PARK; AND E 55 F LOT 1 CENTRAL PARK
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 4
Half Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features Detached Garage
Lot Features RectangularLot
Water Source Public
Lot Size Area 0.241
Foundation Details Block
Spa N
Building Area Total 5132.0
Lot Dimensions 70X150
Lot Size Acres 0.241
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2453
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* Excluded Features
List By
Stephen Kerr

Listing Agent

Century 21 Signature

Broker

stephenkerr@c21sre.com

Email

Affordability Calculator

$1,999
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,815
Monthly Property Taxes
$183
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1177584 Elementary School
1177589 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$259,900 -5.49% Price Down
11/22/2023$275,000 Listed Price

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2453 E Grand Avenue, Des Moines, IA, 50317 is a Multi-Family Home for sale at $259,900 with 5,132 sqft and a lot size of 0.241. 2453 E Grand Avenue has 4 bedrooms, 4.0 baths, and was built in 1915. The property's zip code is 50317 which is in Des Moines, IA