2312 Forest Avenue Des Moines, IA $ 200,000
2312 Forest Avenue
$ 200,000
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2312 Forest Avenue

Des Moines, IA, 50311
$ 200,000
Baths0.0 Sq 7,238

Monthly Estimate*

$ 1,263

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Studio

Multi-Family Home for sale in Des Moines, IA

for $200,000. This 7,238 square foot home was built in 1900 on a lot size of 0.26.

Investors! Looking for your next project? This unique parcel features two properties with significant renovation and investment potential. 2312 Forest Ave is a block commercial building offering approximately 1,144 sq. ft. of finished space, ideal for a retail storefront, office, or other commercial use. The upper level includes two 2-bedroom apartments, both taken down to the studs and ready for a complete remodel. 1370 23rd St. is a historic Victorian home that has been fully gutted and is ready for renovation. With approximately 4,124 sq. ft., the property was previously configured as seven apartments, offering the potential for a substantial redevelopment opportunity. With both properties already opened up for renovation, this parcel presents an opportunity for investors looking to rehab, reposition, and add value. Value-Add Investment Opportunity — Two Properties on One Parcel. Permits ready to be pulled.

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Multi-Family Active

Price

$ 200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,336

Style

Lot Size

0.26

Year Built

1900

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

749583

List By
Timothy Schutte

Listing Agent

Exit Realty & Associates

Broker

Timothy@SoldDesMoines.com

Email

Affordability Calculator

$1,541
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,263
Monthly Property Taxes
$278
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
4324878 Elementary School
4324877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$200,000 Listed Price

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2312 Forest Avenue, Des Moines, IA, 50311 is a Multi-Family Home for sale at $200,000 with 7,238 sqft and a lot size of 0.26. 2312 Forest Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 50311 which is in Des Moines, IA