3103 Grand Avenue Des Moines, IA $ 595,000
3103 Grand Avenue
$ 595,000
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3103 Grand Avenue

Des Moines, IA, 50312
$ 595,000
Baths0.0 Sq 3,967

Monthly Estimate*

$ 3,664

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Studio

Multi-Family Home for sale in Des Moines, IA

for $595,000. This 3,967 square foot home was built in 1913 on a lot size of 0.53.

Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods. The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers. This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.

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Multi-Family Active

Price

$ 595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,300

Style

Apartment

Lot Size

0.53

Year Built

1913

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

70035

Features
General
Sewer Public Sewer
Heating Electric
Cooling Window Unit(s)
Zoning NX3
Garage Spaces 2
Construction Materials Wood Siding Brick
Year Built 1913
Levels Multi-Level
Property Subtype Apartment
Parcel Number 090/02175-002-000
County Polk
Property Type Multi-Family
HOA false
Garage Y/N true
Status Active
City Des Moines
High School District Des Moines
Number Of Units Total 0
MLS Area Des Moines
Lot Size Units Square Feet
Lot Size Square Feet 23225
Tax Annual Amount 10300
MLS Area Minor Des Moines
Standard Status Active
Tax Assessed Value 585000
Legal Description EX E 2.5F S225F & N75F- LT 9 BLK 2 GRAVER PLACE
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Interior
Basement Partial
Flooring Vinyl Carpet
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 23225
Building Area Total 3967
Lot Size Acres 0.53
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* Excluded Features
List By
Van Winkle Real Estate Team

Listing Agent

Re/Max Concepts-Ames

Broker

Affordability Calculator

$4,522
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,664
Monthly Property Taxes
$858
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$595,000 Listed Price

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3103 Grand Avenue, Des Moines, IA, 50312 is a Multi-Family Home for sale at $595,000 with 3,967 sqft and a lot size of 0.53. 3103 Grand Avenue is a studio with 0.0 baths and was built in 1913. The property's zip code is 50312 which is in Des Moines, IA