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3903 Oakshire Rd, Des Moines, IA, 50310

7beds
4baths
1,890sqft
$300,000
$159price/sqft
$2,303/moest. monthly cost
$92,120/yrincome needed

About This Home

Investor opportunity or owner-occupant dream, this solid brick multi-family in Des Moines checks all the boxes! The main level features spacious living areas, a functional oak kitchen, multiple bedrooms, and a full bath, all with great natural light throughout. The lower level adds even more potential with additional living space, a laundry area, and room to expand. The oversized attached garage offers serious storage for vehicles, equipment, or a workshop. Outside, a fully fenced yard with mature trees gives tenants the privacy and space they are looking for. With strong bones, a practical layout, and income producing potential, this is the kind of property that works hard for you from day one. Schedule your showing today!

Getting Around

61
WalkingSomewhat Walkable
33
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

3/10
5/10
Meredith Middle SchoolGrades 6-81.6 mi
3/10
Hoover High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 3
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 750

Heating & Cooling

  • Heating features: Forced Air,Gas,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,890
  • Total interior livable area: 1,890 sqft

Property

Details

  • Parcel number: 08000628000000
  • Zoning: R1-60

Features

  • Stories: 1

Lot

  • Lot size: 0.27 Acres
  • Lot size dimensions: 92 x 125

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Two Car Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$187$2,244
Property Taxes $460$5,520
Electricity $140$1,691
Total$2,303$27,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,960/yr
40% on housing$69,090/yr
45% on housing$61,413/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 50310$142
Polk County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 50310$191
Polk County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$300,000
2021-10-05Sold$220,000
2021-08-27Pending sale$220,000
2020-11-05Listing removed$179,900
2020-09-01Price change$179,900
2020-08-12Price change$199,900
2020-08-04Listed for sale$219,900
2020-02-04Listing removed$1,050
2020-01-30Price change$1,050
2019-11-27Listed for rent$1,200
2019-09-12Sold$168,000
2019-06-28Pending sale$187,500
2019-06-25Listed for sale$187,500
2005-08-09Sold$144,500

For Sale by Agent

AgentDarson Grantham
BrokerageKeller Williams Realty GDM

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