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For sale
  • Price cut: $5K (7/29)
    $244,000

    1527 Forest Ave, Des Moines, IA 50314

    4beds
    3,729sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $65/sqft
    $-- HOA

    What's special

    Original hardwood floorsCorner lotComposite windowsBrand-new roof
    Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers plenty of parking and strong tenant appeal. With leases in place and tenants covering utilities, this low-maintenance asset is ready to cash flow from day one.
    87 days
    on Zillow
    |
    332
    |
    26
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 07:22am

    Listed by:

    Fitzgerald, Eric (507)382-1570,

    Keller Williams Realty GDM,

    Darson Grantham 641-745-0156,

    Keller Williams Realty GDM

    Source: DMMLS,MLS#: 716534MLS 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 1527 Forest Ave.

    Next available tour time:Saturday at 3:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Stove
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 3,729
    • Total interior livable area: 3,729 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,268.88 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 792434303013
    • Zoning: N5

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $65/sqft
    • Tax assessed value: $152,600
    • Annual tax amount: $3,307
    • Date on market: 5/12/2025
    • Listing terms: Cash,Conventional,Contract
    • Tenant pays: Electricity, Gas, Insurance
    • Road surface type: Concrete
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