$225,000

2303 Carpenter Avenue, Des Moines, IA 50311

  • 1 bed
  • 2,734 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon6,578sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Just blocks from the Drake University campus, this property, with 5 distinct units, offers multiple streams of revenue and a high cap rate potential in one of Des Moines’ most resilient rental markets.

Listing Status:
Active
Date Added:
October 27, 2025
Data Last Updated:
July 26, 2026 at 6:16AM
Listing Office:
RE/MAX Concepts : (515) 276-2872
Listing Agent:
Mike Reagan : (515) 577-8142
MLS ID:
729166
  • Basement: Unfinished
  • A/C: See Remarks
  • Heating: Forced AirGas
  • Style: Two Story
  • General: Frame2
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: R-3E 62 F LOTS 411 & 412 UNIVERSITY LAND COS 2ND ADDITION08006842000000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Source: DMAAR_DM

This listing courtesy of Mike Reagan , RE/MAX Concepts

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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