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.
Auction
Street View
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
- 1 day
- on Zillow |
- 61 |
- 3 |
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#: 724442
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Open houses
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
- Loading