1527 Forest Avenue
Des Moines, IA 50314
4
Bed
2
Bath
3,729Sqft
0.10Acre(Lot)
Strong investment opportunity in Des Moines! This duplex sitting on a corner lot, infront of a park, offers immediate income (combined current income $2,000) potential to raise rent on one unit to $1,100. Live in one and rent one or rent both units. Very big units with potential to finish basement (super high ceilings). Each unit features same layout well-sized bedrooms, functional layouts, and inviting living areas that make it easy to attract and retain renters. The property provides solid rental demand in the area, with room to increase value over time. Conveniently located near downtown, shopping, and major roads. Whether you're expanding your portfolio or getting started in real estate, this is a great opportunity to own an income-producing property with long-term upside. updated mech
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2
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Building Information
Year Built: 1924 Building Area Total: 3729 Private Pool: No
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Lot Information
Lot Dimensions: 50X85 Main Square Feet: 0.098 Acres Lot Size Acres: 0.098 Lot Size Square Feet: 4250
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Listing Price Information
Listing Price: $199000 Assumable, Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 08003839000000 Annual Tax: $3300 Tax Legal Desc: S 85 F LOT 13 BLK 3 LAYMANS 2ND ADD
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: make a right them a left and you are there :)
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 217 Franklin Avenue, Des Moines, IA, 50314 | $329,000 | 3 | 3 | 1,559 | 0.39 Acre |
| 227 Clark Street, Des Moines, IA, 50314 | $214,900 | 3 | 1 | 1,339 | 0.35 Acre |
| 250 Franklin Avenue, Des Moines, IA, 50314 | $324,900 | 4 | 1 | 1,544 | 0.11 Acre |
| 328 Forest Avenue, Des Moines, IA, 50314 | $112,000 | 2 | 1 | 808 | 0.12 Acre |
| 1241 4th Street, Des Moines, IA, 50314 | $137,600 | 3 | 1 | 1,386 | 0.14 Acre |
| 1426 4th Street, Des Moines, IA, 50314 | $205,000 | 3 | 2 | 1,032 | 0.10 Acre |
| 1940 Arlington Avenue, Des Moines, IA, 50314 | $620,000 | 10 | 9 | 4,858 | 0.36 Acre |
| 1325 6th Avenue, Des Moines, IA, 50314 | $150,000 | 6 | 3 | 2,167 | 0.15 Acre |
| 1735 7th Street, Des Moines, IA, 50314 | $169,900 | 2 | 2 | 1,029 | 0.15 Acre |
| 1423 7th Street, Des Moines, IA, 50314 | $269,900 | 4 | 3 | 2,208 | 0.11 Acre |
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 09/10/2026 @ 06:52
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