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Sold for $305,000 on 10/09/25
    • $305,000

    2023 University Ave, Des Moines, IA 50311

    8beds
    --baths
    3,892sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $78/sqft
    $969 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $969/mo

    Zestimate® history
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    What's special

    This cash-flowing 4-unit property features flexible month-to-month tenants and currently generates $3,260 per month in rents, with room for future increases. Contact an agent today for more details and to secure your place in the bidding process.

    Zillow last checked: 8 hours ago

    Listing updated: October 14, 2025 at 01:56pm

    Listed by:

    Jeff Downing (515)257-6477,

    LPT Realty, LLC,

    Randy Murphy 515-669-9332,

    LPT Realty, LLC

    Bought with:

    Timothy Schutte

    EXIT Realty & Associates

    Source: DMMLS,MLS#: 724439MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Interior area
    • Total structure area: 3,892
    • Total interior livable area: 3,892 sqft

    Property

    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 08007666001000
    • Zoning: C-2
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1905

    Community & neighborhood

    Location
    • Region: Des Moines

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/9/2025Sold$305,000+136.4%$78/sqft
    Source: DMMLS #724439
    8/15/2025Listed for sale$129,000+3.2%$33/sqft
    Source: DMMLS #724439
    12/27/2012Sold$125,000-16.7%$32/sqft
    Source: DMMLS #408546
    10/24/2012Listed for sale$150,000$39/sqft
    Source: RE/MAX REAL ESTATE GROUP #408546

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: Carpenter

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Dike-New Hartford

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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