Great Investment Opportunity! This income-producing property is occupied on one side and sits just 0.5 miles from Grand View University which is a prime location for tenants! Each unit features 1 bedroom, 1 bathroom, and a dedicated garage spot. Major updates include a new sewer line from the house to the curb (2023), and replaced furnaces and hot water heaters for both units (2022). A fantastic opportunity to add a solid, low-maintenance rental property to your portfolio. Don’t miss out! *This property is in the Neighborhood Finance Corporation (NFC) area, offering up to $10,000 in grant money for eligible home buyers!*
Sold for $162,000 on 09/11/25
$162,000
1301 E Sheridan Ave, Des Moines, IA 50316
2beds
1,100sqft
Duplex, Multi Family
Built in 1911
-- sqft lot
$162,000 Zestimate®
$147/sqft
$1,116 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 11, 2025 at 12:33pm
Listed by:
Allison Hendershot (641)780-4477,
RE/MAX Concepts,
Rob Ellerman 816-304-4434,
RE/MAX Concepts
Bought with:
Dennis Diaz Rodas
Century 21 Signature
Source: DMMLS,MLS#: 715058
Originating MLS: Des Moines Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Appliances
- Included: Refrigerator, Stove
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Lot
- Size: 6,621 sqft
- Dimensions: 50 x 132
Details
- Parcel number: 11003151000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Cement Siding
- Foundation: Brick/Mortar
- Roof: Tar/Gravel
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete