704 12th Street
West Des Moines, IA 50265
25
Bed
2
Bath
6,640Sqft
0.38Acre(Lot)
The KataLYST Team as part of KW Commercial is pleased to bring to market this 11-plex located in Valley Junction, West Des Moines, IA. This property was recently purchased as part of a larger portfolio and prior to the sale had only one owner over the last 30+ years who took immaculate care of the property and truly showed pride of ownership! With great unit mixes and low rents that are estimated to be 30%+ below market, this property offers significant value-add through repositioning!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 25Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Partially Finished -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1965 Building Area Total: 6640 Private Pool: No
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Lot Information
Lot Dimensions: 120X137.5 Main Square Feet: 0.379 Acres Lot Size Acres: 0.379 Lot Size Square Feet: 16500
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Listing Price Information
Listing Price: $1100000 Cash, Conventional
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Tax Information
Parcel Number: 32003891000000 Tax Year: 2024 Annual Tax: $14899 Tax Legal Desc: LOTS 33 & 34 PENROD PLACE
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: Head west along Grand Ave. and turn South onto 12th St. Turn left (East) on Prospect Ave. and immediately turn right (South) onto 12th St. Building will be on your right (West). WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2356 SE Billings Place, West Des Moines, IA, 50265 | $407,990 | 4 | 3 | 1,498 | 1,498 SqFt |
| 2347 SE Billings Place, West Des Moines, IA, 50265 | $419,990 | 5 | 4 | 2,053 | 2,053 SqFt |
| 2492 SE Fox Valley Drive, West Des Moines, IA, 50265 | $344,990 | 4 | 3 | 2,053 | 2,053 SqFt |
| 2451 SE Billings Place, West Des Moines, IA, 50265 | $364,990 | 4 | 3 | 1,498 | 1,498 SqFt |
| 2437 SE Billings Place, West Des Moines, IA, 50265 | $369,990 | 4 | 4 | 1,498 | 1,498 SqFt |
| 2468 SE Billings Place, West Des Moines, IA, 50265 | $344,990 | 4 | 3 | 2,053 | 2,053 SqFt |
| 2379 SE Fox Valley Drive, West Des Moines, IA, 50265 | $365,000 | 4 | 3 | 1,156 | 1,156 SqFt |
| 2363 SE Billings Place, West Des Moines, IA, 50265 | $351,990 | 4 | 2 | 1,606 | 1,606 SqFt |
| 2400 SE Billings Place, West Des Moines, IA, 50265 | $359,990 | 4 | 3 | 1,442 | 1,442 SqFt |
| 1546 S Redtail Avenue, West Des Moines, IA, 50265 | $342,500 | 3 | 3 | 1,496 | 1,496 SqFt |
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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 06/14/2026 @ 15:09
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