Large well well-maintained 11 plex near Drake University. Building has (9) one bedroom and (2) two bedroom units and (9) single garages. Located on a quiet street this property has been updated to be maintenance-free and has a rental certificate valid until April 2027. New apartment building roof was installed in 2016. New garage roofs in 2015 have a lifetime warranty 40 mil rubber. Units all have separate heating, with a mix of hot water, forced air and baseboard. Window AC units in 1-9 are tenant-owned. Newer AC units in 10 & 11 are seller owned. All bathrooms and 10 kitchens have been updated. Most windows are new and have exterior metal clad. A coin-operated washer and dryer is in the basement along with lots of storage. An updated fire alarm is operating and inspected. Northeast of building is a large vacant lot included, and could be additional parking or garages. Improvement grant money is available from Invest DSM. Check this one out today!
Sold for $920,000 on 04/30/25
$920,000
2901 Rutland Ave, Des Moines, IA 50311
13beds
7,932sqft
Multi Family
Built in 1895
-- sqft lot
$922,700 Zestimate®
$116/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 25, 2025 at 07:30am
Listed by:
Jason Stuyvesant (515)778-9669,
RE/MAX Concepts
Bought with:
Peter Jaques
Weichert, Realtors - 515 Agency
Source: DMMLS,MLS#: 708025
Originating MLS: Des Moines Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 11
- Full bathrooms: 11
Heating
- Forced Air, Gas, Hot Water
Cooling
- Window Unit(s)
Features
- Basement: Unfinished
Interior area
- Total structure area: 7,932
- Total interior livable area: 7,932 sqft
- Finished area below ground: 1,130
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage
- Garage spaces: 4
Lot
- Size: 0.47 Acres
- Dimensions: 150 x 136
Details
- Parcel number: 09003732000000
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
Condition
- Year built: 1895
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$922,700
2% more+ $18,454
With Zillow Showcase(estimated)
$941,154