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2915 Cottage Grove Avenue

Des Moines, IA 50311
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Bed 6

Bed

Bath 4

Bath

SqFt2,838

Sqft

Acres0.18

Acre(Lot)

$2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath — offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls wit hin the InvestDSM revitalization zone — supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $240,000

AD Id : 79458013

MLS Id : 741730

Beds : 6

Lot Size : 0.18 Acre

Living Area Size : 2,838

Year Built : 1888

County : Polk

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Tile
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1888 Building Area Total: 2838 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 60X133 Main Square Feet: 0.183 Acres Lot Size Acres: 0.183 Lot Size Square Feet: 7980

  • Listing Price Information

    Listing Price: $240000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 09003683000000 Annual Tax: $4731.11 Tax Legal Desc: LOT 84 & E 10 F LOT 83 KINGMAN PLACE

  • Utility Information

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

    Direction: Starting from the Iowa Realty office on Westown Parkway, travel east on Westown Parkway and continue east as it transitions onto University Avenue heading into Des Moines. Continue east on University Avenue through the Drake University neighborhood. Turn south on 30th Street and then turn east on Cottage Grove Avenue. The property will be located on the north side of Cottage Grove Avenue. WaterSource: Public
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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
2303 Carpenter Avenue, Des Moines, IA, 50311 $225,000 1 -- 2,734 2,734 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
1077 27th Street, Des Moines, IA, 50311 $254,900 4 5 2,563 2,563 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 06/21/2026 @ 15:09

MLS: 741730 LISTED BY: Darson Grantham, Keller Williams Realty GDM 515-334-4900 SOURCE: Des Moines Area Association of REALTORS

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