This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $3850/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info.
For sale
Price increase: $100K (10/10)
$275,000
717 Franklin Ave, Des Moines, IA 50314
11beds
--baths
4,233sqft
Est.:
Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
- 38 days |
- 257 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: November 08, 2025 at 08:59pm
Listed by:
Abby Hausmann-Virgil (515)965-9100,
Keller Williams Ankeny Metro,
Tom Vasquez 515-778-1122,
Keller Williams Realty GDM
Source: DMMLS,MLS#: 727975
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Heating
- Forced Air, Gas, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove
Features
- Window Treatments
- Flooring: Carpet, Hardwood
- Basement: Unfinished
Interior area
- Total structure area: 4,233
- Total interior livable area: 4,233 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.3 Acres
- Dimensions: 100 x 132
Details
- Parcel number: 08007891001000
- Zoning: R1-60
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Asphalt,Shingle
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $65/sqft
- Annual tax amount: $3,077
- Date on market: 10/10/2025
- Cumulative days on market: 221 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Price change | $275,000+57.1%$65/sqft |
Source:  DMMLS #727975 Report a problem | ||
| 8/15/2025 | Price change | $175,000-94.9%$41/sqft |
Source: DMMLS #717804 Report a problem | ||
| 6/5/2025 | Price change | $3,400,000-17.1%$803/sqft |
Source: DMMLS #717804 Report a problem | ||
| 5/9/2025 | Listed for sale | $4,100,000$969/sqft |
Source: DMMLS #717804 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,828/mo
Principal & interest
$1363
Property taxes
$369
Home insurance
$96
Climate risks
Neighborhood: River Bend
Nearby schools
GreatSchools rating
- 5/10Moulton Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 1/10Harding Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10North High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Des Moines Independent
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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