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2303 Carpenter Avenue

Des Moines, IA 50311
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Bed 1

Bed

Bath 0

Bath

SqFt2,734

Sqft

Acres0.15

Acre(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 68090012

MLS Id : 729166

Beds : 1

Lot Size : 0.15 Acre

Living Area Size : 2,734

Year Built : 1907

County : Polk

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Feature Features

  • Bedroom Information

    Total beds: 1

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1907 Building Area Total: 2734 Construction Materials: Frame Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 62X106.4 Main Square Feet: 0.151 Acres Lot Size Acres: 0.151 Lot Size Square Feet: 6572

  • Listing Price Information

    Listing Price: $225000 Original Price: $235000 Cash, Conventional

  • Tax Information

    Parcel Number: 08006842000000 Tax Year: 2024 Annual Tax: $290.5 Tax Legal Desc: E 62 F LOTS 411 & 412 UNIVERSITY LAND COS 2ND ADDITION

  • Utility Information

    Electricity Available, Natural Gas Available, Water Available
  • Location Information

    Direction: see remarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1440 21st Street, Des Moines, IA, 50311 $190,000 4 2 2,196 2,196 SqFt
1314 22nd Street, Des Moines, IA, 50311 $505,000 10 -- 4,140 4,140 SqFt
2210 University Avenue, Des Moines, IA, 50311 $179,900 4 3 1,440 1,440 SqFt
1357 23rd Street, Des Moines, IA, 50311 $115,000 2 1 795 795 SqFt
1131 23rd Street, Des Moines, IA, 50311 $200,000 5 2 1,636 1,636 SqFt
1107 24th Street, Des Moines, IA, 50311 $399,000 4 4 2,192 2,192 SqFt
1011 24th Street, Des Moines, IA, 50311 $290,000 4 3 1,452 1,452 SqFt
1121 26th Street, Des Moines, IA, 50311 $429,900 6 3 2,283 2,283 SqFt
1132 26th Street, Des Moines, IA, 50311 $524,900 4 3 1,932 1,932 SqFt
2609 School Street, Des Moines, IA, 50311 $85,000 2 2 1,053 1,053 SqFt

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 06/08/2026 @ 19:30

MLS: 729166 LISTED BY: Michael Reagan, RE/MAX Concepts 515-276-2872 SOURCE: Des Moines Area Association of REALTORS

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