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3103 Grand Ave, Des Moines, IA, 50312

--beds
0baths
3,967sqft
$595,000
$150price/sqft
$4,554/moest. monthly cost
$182,160/yrincome needed

About This Home

Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods. The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers. This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.

Getting Around

79
WalkingVery Walkable
32
TransitSome Transit
64
BikeBikeable

Schools

5/10
3/10
Callanan Middle SchoolGrades 6-80.4 mi
4/10
Roosevelt High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1913

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,967
  • Total interior livable area: 3,967 sqft

Property

Details

  • Parcel number: 090/02175002000
  • Zoning: NX3

Lot

  • Lot size: 0.53 Acres

Parking

  • Parking features: Garage
  • Has garage: Yes