Great investment opportunity close to Drake University. Fully occupied. This property has 8 bedrooms plus 4 garage spots that generates $3,925 per month (& a new owner could increase rents). The main level offers a 1 bedroom apartment plus an efficiency apartment. The 2nd level has 5 dorm style rooms and the 3rd level is a 1 bedroom apartment. Roof and hot water have been replaced in the last 5 years.
Sold for $235,000 on 01/19/23
$235,000
3721 Cottage Grove Ave, Des Moines, IA 50311
2beds
3,599sqft
Multi Family
Built in 1900
-- sqft lot
$313,300 Zestimate®
$65/sqft
$1,330 Estimated rent
Home value
$313,300
$276,000 - $354,000
$1,330/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 19, 2023 at 01:28pm
Listed by:
Ethan Hokel (515)963-1040,
Century 21 Signature
Bought with:
Darson Grantham
Keller Williams Realty GDM
Source: DMMLS,MLS#: 661042
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Natural Gas
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Laminate
- Basement: Unfinished
Interior area
- Total structure area: 3,599
- Total interior livable area: 3,599 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage
- Attached garage spaces: 4
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 0.35 Acres
- Features: Rectangular Lot
Details
- Parcel number: 09003374000000
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Three Story
- Property subtype: Multi Family
Materials
- Metal Siding
- Foundation: Brick/Mortar, Stone
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2023 | Sold | $235,000$65/sqft |
Source:  DMMLS #661042 | ||
| 1/5/2023 | Pending sale | $235,000$65/sqft |
Source: DMMLS #661042 | ||
| 12/8/2022 | Price change | $235,000-4.9%$65/sqft |
Source: DMMLS #661042 | ||
| 10/24/2022 | Price change | $247,000-6.4%$69/sqft |
Source: DMMLS #661042 | ||
| 9/29/2022 | Listed for sale | $264,000+25.7%$73/sqft |
Source: DMMLS #661042 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,728 +2.7% | $342,000 |
| 2023 | $6,552 -14.4% | $342,000 +23% |
| 2022 | $7,658 +12.5% | $278,000 |
Find assessor info on the county website
Neighborhood: Drake
Nearby schools
GreatSchools rating
- 5/10Hubbell Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Callanan Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$313,300
2% more+ $6,266
With Zillow Showcase(estimated)
$319,566