This duplex at 1503 Forest Ave, Des Moines offers two rental units: a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit; perfect for investors looking for steady rental income. It comes with a current rental certificate and has been upgraded through the City of Des Moines Weatherization Program, improving energy efficiency. Additional highlights include a brand-NEW furnaces one for each unit (2024) and a PRIME location near parks, walking distance to King Elementary School, and amenities. Don't miss out on this WELL -MAINTAINED investment property with great rental potential!
Sold for $120,000 on 11/10/25
Zestimate®
$120,000
1503 Forest Ave, Des Moines, IA 50314
4beds
1,676sqft
Multi Family
Built in 1900
-- sqft lot
$120,000 Zestimate®
$72/sqft
$1,164 Estimated rent
Home value
$120,000
$114,000 - $126,000
$1,164/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 01:00pm
Listed by:
Ingrid Williams (515)371-5277,
RE/MAX Concepts
Bought with:
Martinez-Castaneda, Jasmine
RE/MAX Concepts
Source: DMMLS,MLS#: 713188
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,676 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,708 sqft
- Dimensions: 50 x 134
Details
- Parcel number: 08003847000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Metal Siding
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Sold | $120,000-7.7%$72/sqft |
Source:  DMMLS #713188 | ||
| 9/23/2025 | Pending sale | $130,000$78/sqft |
Source: DMMLS #713188 | ||
| 9/16/2025 | Price change | $130,000-6.5%$78/sqft |
Source: DMMLS #713188 | ||
| 7/29/2025 | Price change | $139,000-4.1%$83/sqft |
Source: DMMLS #713188 | ||
| 4/11/2025 | Price change | $145,000-6.5%$87/sqft |
Source: DMMLS #713188 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,887 +28.5% | $85,700 |
| 2023 | $1,468 +0.7% | $85,700 +37.6% |
| 2022 | $1,458 +6.6% | $62,300 |
Find assessor info on the county website
Neighborhood: King Irving
Nearby schools
GreatSchools rating
- 4/10King Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Callanan Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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