This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $3,260 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.
Sold for $305,000 on 10/09/25
$305,000
2023 University Ave, Des Moines, IA 50311
8beds
0baths
3,892sqft
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$78/sqft
$989 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 14, 2025 at 01:56pm
Listed by:
Jeff Downing (515)257-6477,
LPT Realty, LLC,
Randy Murphy 515-669-9332,
LPT Realty, LLC
Bought with:
Timothy Schutte
EXIT Realty & Associates
Source: DMMLS,MLS#: 724439
Originating MLS: Des Moines Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Interior area
- Total structure area: 3,892
- Total interior livable area: 3,892 sqft
Property
Lot
- Size: 0.30 Acres
Details
- Parcel number: 08007666001000
- Zoning: C-2
- Special conditions: Auction
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1905
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional