2312 Forest Avenue Des Moines, IA $ 150,000
2312 Forest Avenue
$ 150,000
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2312 Forest Avenue

Des Moines, IA, 50311
$ 150,000
Bedrooms-- Baths0.0 Sq 7,238

Monthly Estimate*

$ 1,036

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Multi-Family Home for sale in Des Moines, IA

for $150,000. 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

$ 150,000

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

Features
General
Sewer Public Sewer
Tax Year 2026
County Polk
Property Type Multi Family
Home Owner Assoc false
Status Active
Directions Forest ave east b/t MLK & 30th st. South side of the road.
City Des Moines
High School District Des Moines Independent
Zoning Description NPC
Lot Size Units Acres
Lot Size Square Feet 11340
Tax Annual Amount 3336
Lease Considered Y/N false
Standard Status Active
Middle/Junior School District Des Moines Independent
Elementary School District Des Moines Independent
Architectural Style Two Story
Construction Materials Frame
Year Built 1900
Stories 2
Levels Two
Full Baths 0
Occupancy Type Vacant
MLS Area Des Moines N.West
Legal Description LOT 1 DRAKE UNIVERSITY OP
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Interior
Basement (Y/N) true
Flooring Tile
Half Baths 0
Total Bedrooms 0
Total Baths 0
Basement Partial
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Exterior
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.26
Lot Size Acres 0.26
Road Surface Type Asphalt Concrete
Foundation Details Block Brick/Mortar Slab
Building Area Total 7238
Lot Dimensions 162X70
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Internal Only
Street Number 1 2312
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* Excluded Features
List By
Timothy Schutte

Listing Agent

Exit Realty & Associates

Broker

Timothy@SoldDesMoines.com

Email

Affordability Calculator

$1,314
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,036
Monthly Property Taxes
$278
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/2/2026$150,000 -25.00% Price Down
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 $150,000 with 7,238 sqft and a lot size of 0.26. 2312 Forest Avenue has 0.0 baths and was built in 1900. The property's zip code is 50311 which is in Des Moines, IA