$144,900

3215 7th Street, Des Moines, IA 50313

  • 4 beds |
  • 2 baths |
  • 2,881 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1896
  • Property Lot Size Icon6,490sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $50/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Value-Add Triplex Conversion Opportunity This property is currently used as a single-family home, but it presents an excellent value-add opportunity for conversion into a tri-plex. At present, the building does not have a rental certificate, making it ideal for an investor or developer ready to update, renovate, and bring it up to code while unlocking its full income potential. With the right improvements, this property can be transformed into a profitable multi-unit rental, appealing to tenants seeking modern, comfortable living spaces. Its current layout and structure provide a strong foundation for maximizing rental income in a high-demand market. This is a rare chance to convert a single-family property into a thriving investment asset, creating long-term value while taking advantage of a flexible redevelopment opportunity.

Listing Status:
Active
Date Added:
December 8, 2025
Data Last Updated:
March 12, 2026 at 4:20PM
Listing Office:
LPT Realty, LLC : (515) 669-4010
Listing Agent:
Benjamin Grotzke : (515) 745-0425
MLS ID:
731394
  • Appliances: MicrowaveRefrigeratorStove
  • Basement: Unfinished
  • Flooring: Hardwood
  • Heating: Natural GasRadiant
  • Fireplace: FireplaceFireplaces: 1
  • Style: Three Story
  • Parking: AttachedGarageTwo Car Garage
  • Roofing: AsphaltShingle
  • General: 3BlockPoured
  • Road/Access: Asphalt
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: n5LOT 280 MANNS 2ND ADD TO LAKE PARK07002900000000
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Benjamin Grotzke , LPT Realty, LLC

Monthly Payment

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

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Location

Schools Nearby

F

Findley Elementary School

3025 Oxford St, Des Moines, IA, 50313

Grades KG-5

0.49 miles away

H

Harding Middle School

203 E Euclid Ave, Des Moines, IA, 50313

Grades 6-8

0.55 miles away

N

North High School

501 Holcomb Ave, Des Moines, IA, 50313

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.