$240,000
 $1,288 est/mo Sourced by Back At You

2915 Cottage Grove Avenue,Des Moines, IA 50311

Des Moines, IA 50311

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Description

$2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls within the InvestDSM revitalization zone supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.

Details

MLS #741730
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1888
Days On Site89
Listing Provided ByKeller Williams Realty GDM | Darson Grantham

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,838
BasementY
Story(s)2
Units4
ZoningR1-60
Acreage0.18

Taxes

Tax Annual Amount4731.11

Area Information

StateIA
CountyPolk
CityDes Moines
Zip Code50311
AreaDes Moines West
Listing VS Median (in 50311)
Price:
$240,000
low | high
Med:
$234,900
52.125% of Average
sqft:
2,838
low | high
Med:
1,020
100% of Average
$ / sqft:
$85
low | high
Med:
$230
100% of Average
On site:
89
low | high
Med:
22
100% of Average
Sourced by Back At You

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Learn More About This Property

StateIA
CountyPolk
CityDes Moines
Zip Code50311
AreaDes Moines West
Listing VS Median (in 50311)
Price:
$240,000
low | high
Med:
$234,900
52.125% of Average
sqft:
2,838
low | high
Med:
1,020
100% of Average
$ / sqft:
$85
low | high
Med:
$230
100% of Average
On site:
89
low | high
Med:
22
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $180K - $300K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
2940 Brattleboro Avenue Property Photo 1
$275,000
2940 Brattleboro Avenue
Des Moines, IA 50311
Listing Updated: August 11, 2026 at 12:20:05 AM PDT
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