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For sale
  • $215,000

    1315 E 12th St, Des Moines, IA 50316

    --beds
    1,621sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $211,300 Zestimate®
    $133/sqft
    $-- HOA

    What's special

    Update sidingFresh paintUpdated kitchenNew furnace
    This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.
    8 days
    on Zillow
    |
    244
    |
    22
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 10:50am

    Listed by:

    Jeff Horner (515)633-7960,

    Gillum Group Real Estate LLC

    Source: DMMLS,MLS#: 723486MLS LogoOriginating MLS: Des Moines Area Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1315 E 12th St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air, Window Unit(s)
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,621
    • Total interior livable area: 1,621 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,579.44 Square Feet
    • Dimensions: 50 x 152
    Details
    • Parcel number: 11001370000000
    • Zoning: R1-60

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $133/sqft
    • Tax assessed value: $138,000
    • Annual tax amount: $2,812
    • Date on market: 7/25/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete
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