For sale

$284,900

4702 Merced St, Des Moines, IA 50310

4beds

1,562sqft

$2,126/mo

Get pre-qualified

Duplex, Multi Family, Multi Family

Built in 1968

-- sqft lot

$-- Zestimate^®

$182/sqft

$-- HOA

What's special

Basement for additional storage

Looking for your next investment opportunity? This classic, well-maintained ranch-style duplex offers two units each with 2 bedrooms, 1 bathroom, and a basement for additional storage! Basement is currently unfinished but holds plenty of usable space for casual flex space, storage, work out area, and/or offers potential for future finishing! Outside, enjoy separate paved driveways providing easy parking for both units and a spacious backyard with room to enjoy the outdoors. Conveniently located near Merle Hay shops, restaurants, and I-80, providing easy access to everything you need! Whether you're adding to your portfolio or looking for your next property, don't miss your chance at this duplex! Come see today!

18 days
524
45

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Refrigerator, Stove

Features

Window Treatments
Flooring: Carpet
Basement: Unfinished

Interior area

Total structure area: 1,562
Total interior livable area: 1,562 sqft

Property

Features

Stories: 1

Lot

Size: 10,018 Square Feet
Dimensions: 80 x 125

Details

Parcel number: 10012844023000
Zoning: N2A-2

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch,Duplex
Property subtype: Duplex, Multi Family, Multi Family

Materials

Brick
Foundation: Block
Roof: Asphalt,Shingle

Condition

Year built: 1968

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Water Available

Community & HOA

HOA

Has HOA: No

Location

Region: Des Moines

Financial & listing details

Price per square foot: $182/sqft
Tax assessed value: $253,500
Annual tax amount: $4,812
Date on market: 10/9/2026
Cumulative days on market: 19 days
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas, Insurance
Electric utility on property: Yes
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/9/2026	Listed for sale	$284,900+7.3%$182/sqft
Source: DMMLS #750853 Report a problem
11/27/2023	Sold	$265,500+48.9%$170/sqft
Source: Public Record Report a problem
7/26/2021	Sold	$178,333-0.9%$114/sqft
Source: DMMLS #631138 Report a problem
6/10/2021	Pending sale	$180,000+48.1%$115/sqft
Source: DMMLS #631138 Report a problem
9/18/2001	Sold	$121,500$78/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,446 +10%	$253,500 +15.3%
2024	$4,042 +0.7%	$219,900 +5.1%
2023	$4,012 -9.3%	$209,300 +16.8%
2022	$4,424 +1.5%	$179,200
2021	$4,358 +1.8%	$179,200 +6.5%
2020	$4,280 +6.5%	$168,200
2019	$4,020 +1%	$168,200 +11.8%
2018	$3,980	$150,400
2017	$3,980 +8.4%	$150,400 +7.7%
2016	$3,670	$139,700
2015	$3,670 +13.1%	$139,700 +10.7%
2014	$3,246	$126,200
2013	--	$126,200 -0.9%
2012	--	$127,300
2011	--	$127,300 -5.2%
2010	--	$134,300
2009	--	$134,300 +11.2%
2008	--	$120,800
2007	--	$120,800 +2.3%
2006	--	$118,100
2005	--	$118,100 +7.9%
2003	--	$109,460 +11.5%
2002	--	$98,170
2001	--	$98,170