$275,000

3903 University Avenue, Des Moines, IA 50311

  • 6 beds |
  • 4 baths |
  • 2,816 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1918
  • Property Lot Size Icon8,621sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

$3393/mo of rental income and the owner is only paying for the water usage. Great 4 plex with good rental income and current tenants. All other utilizes are paid by the tenants. Great location close to downtown and close to Drake University. Package deal available with 1206 39th st with the right offer.

Listing Status:
Active
Date Added:
February 4, 2026
Data Last Updated:
March 12, 2026 at 7:19AM
Listing Office:
Keller Williams Realty GDM : (515) 334-4900
Listing Agent:
Darson Grantham : (641) 745-0156
MLS ID:
733823
  • Appliances: RefrigeratorStove
  • Basement: Unfinished
  • A/C: Window Unit(s)
  • Heating: BaseboardElectric
  • Roofing: AsphaltShingle
  • General: StuccoBlock
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: R3+S 100 FT E 86 1/4 FT LOT 61 CHETWYND100-02456000000
  • Utilities: Electricity AvailableNatural Gas AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Darson Grantham , Keller Williams Realty GDM

Monthly Payment

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

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Location

Schools Nearby

P

Perkins Elementary School

4301 College Ave, Des Moines, IA, 50311

Grades KG-5

0.62 miles away

C

Callanan Middle School

3010 Center St, Des Moines, IA, 50312

Grades 6-8

0.90 miles away

R

Roosevelt High School

4419 Center St, Des Moines, IA, 50312

Grades 9-12

0.70 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.

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