2312 Forest Avenue, Des Moines, IA 50311
- $200,000
- 7,238
- SqFt
- List Price
- $200,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 749583
- Subtype
- Multi Family
- Style
- Two Story
- Architectural Style
- Two Story
- Year Built
- 1900
- Living Area
- 7,238
- Lot Size
- 11,340
- Acres
- 0.26
- MLS Area Major
- Des Moines N.West
Property Description
Investors! Looking for your next project? This unique parcel features two properties with significant renovation and investment potential. 2312 Forest Ave is a block commercial building offering approximately 1,144 sq. ft. of finished space, ideal for a retail storefront, office, or other commercial use. The upper level includes two 2-bedroom apartments, both taken down to the studs and ready for a complete remodel. 1370 23rd St. is a historic Victorian home that has been fully gutted and is ready for renovation. With approximately 4,124 sq. ft., the property was previously configured as seven apartments, offering the potential for a substantial redevelopment opportunity. With both properties already opened up for renovation, this parcel presents an opportunity for investors looking to rehab, reposition, and add value. Value-Add Investment Opportunity — Two Properties on One Parcel. Permits ready to be pulled.
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Additional Information
- Taxes
- $3,336
- Property Description
- Two Story
- Zoning
- NPC
- Flooring
- Tile
- Stories
- 2
- Foundation
- Block, Brick/Mortar, Slab
- School District
- Des Moines Independent
Mortgage Calculator
Listing courtesy of Timothy Schutte with EXIT Realty & Associates
Data courtesy of the Des Moines Area Association of REALTORS