717 Franklin Avenue
Des Moines, IA 50314
11
Bed
6
Bath
4,233Sqft
0.30Acre(Lot)
This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $4120/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info. All units have only one tenant currently, so landlord expenses are low. Individual rents: #1 $650 #2 $870 #3 $750 #4 $650 #5 $600 #6 $600
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11Bathroom Information
Total Baths: 6 Full Baths: 6Room Information
Has Basement: Yes Basement: Unfinished -
Flooring Information
Carpet, Hardwood, Tile -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None
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Building Information
Year Built: 1901 Building Area Total: 4233 Construction Materials: Stucco Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 100X132 Main Square Feet: 0.303 Acres Lot Size Acres: 0.303 Lot Size Square Feet: 13200
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Listing Price Information
Listing Price: $269000 Original Price: $275000 Cash, Conventional
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Tax Information
Parcel Number: 08007891001000 Annual Tax: $3077 Tax Legal Desc: LOTS 20 & 21 OP GOV LOT 2 SEC 34-79-24
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: University to 6th Ave, North on 6th Ave to Franklin Ave, West on Franklin to property WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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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 |
| 1727 10th Street, Des Moines, IA, 50314 | $145,000 | 2 | 1 | 775 | 0.15 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 09/09/2026 @ 19:07
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