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  • Est. $100,000

    2130 Drake Park Ave, Des Moines, IA 50311

    6beds
    0baths
    3,132sqft
    Multi Family
    Built in 1882
    -- sqft lot
    $-- Zestimate®
    $32/sqft
    $-- HOA

    Overview

    Online bidding starts at $100,000! This is your chance to own your investment property with full transparency in the bidding process. Cash or financing is accepted, and our unique open bidding platform allows you to see exactly what others are offering—no guesswork or blind offers. You set the value, making the process simple and fair. Bidding ends August 25, 2025. This cash-flowing 5-unit property features flexible month-to-month tenants and currently generates $3,525 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.
    1 day
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: August 15, 2025 at 04:26pm

    Listed by:

    Jeff Downing (515)257-6477,

    LPT Realty, LLC,

    Randy Murphy 515-669-9332,

    LPT Realty, LLC

    Source: DMMLS,MLS#: 724442MLS LogoOriginating MLS: Des Moines Area Association of REALTORS
    Travel times

    Open houses

    • Sun, Aug 17

      3:00 PM - 4:30 PM

    • Tue, Aug 19

      11:00 AM - 12:30 PM

    • Wed, Aug 20

      3:00 PM - 4:30 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Interior area
    • Total structure area: 3,132
    • Total interior livable area: 3,132 sqft

    Property

    Lot
    • Size: 5,401.44 Square Feet
    Details
    • Parcel number: 03000879000000
    • Zoning: R1-60
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1882

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $32/sqft
    • Tax assessed value: $90,300
    • Annual tax amount: $1,850
    • Date on market: 8/15/2025
    • Listing terms: Cash,Conventional
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