3903 University Avenue
Des Moines, IA 50311
6
Bed
4
Bath
2,816Sqft
0.20Acre(Lot)
$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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Unfinished -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1918 Building Area Total: 2816 Construction Materials: Stucco Private Pool: No
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Lot Information
Main Square Feet: 0.1979 Acres Lot Size Acres: 0.1979
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Listing Price Information
Listing Price: $285000 Original Price: $275000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 100-02456000000 Tax Year: 2024 Annual Tax: $4127 Tax Legal Desc: S 100 FT E 86 1/4 FT LOT 61 CHETWYND
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: on the corner of 39th and university WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1440 21st Street, Des Moines, IA, 50311 | $170,000 | 4 | 2 | 2,196 | 0.41 Acre |
| 1538 21st Street, Des Moines, IA, 50311 | $137,000 | 2 | 1 | 766 | 0.10 Acre |
| 2124 Drake Park Avenue, Des Moines, IA, 50311 | $199,900 | 2 | 2 | 1,394 | 0.16 Acre |
| 1357 23rd Street, Des Moines, IA, 50311 | $105,000 | 2 | 1 | 795 | 0.17 Acre |
| 1550 23rd Street, Des Moines, IA, 50311 | $180,000 | 3 | 2 | 1,109 | -- |
| 2303 Carpenter Avenue, Des Moines, IA, 50311 | $225,000 | 1 | -- | 2,734 | 0.15 Acre |
| 1355 24th Street, Des Moines, IA, 50311 | $250,000 | 4 | 2 | 2,064 | 0.18 Acre |
| 1107 24th Street, Des Moines, IA, 50311 | $395,000 | 4 | 4 | 2,192 | 0.07 Acre |
| 1011 24th Street, Des Moines, IA, 50311 | $265,000 | 4 | 3 | 1,452 | -- |
| 1121 26th Street, Des Moines, IA, 50311 | $409,900 | 6 | 3 | 2,283 | -- |
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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 09/13/2026 @ 17:39
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