# 2312 Forest Avenue, Des Moines, IA 50311 > **TL;DR:** residential multi family, $200,000 ($28/sqft), built 1900, 7,238 sqft. Est. $1,069/mo. Listed 44 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $200,000 | | Price/sqft | $28 | | Square Feet | 7,238 | | Year Built | 1900 | | Lot Size | 11,326 sqft (0.26 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 44 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Property Highlights - Built in 1900 - 0.26 acre lot - 2 stories ## Description ### Agent 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. ## Location - **Address:** 2312 Forest Avenue, Des Moines, IA 50311 - **County:** Polk - **Coordinates:** 41.603881, -93.648631 - **Google Maps:** https://www.google.com/maps?q=41.603881,-93.648631 ## Listing Agent - **Name:** Timothy Schutte - **Brokerage:** Exit Realty and Associates - **Broker Phone:** (515) 991-4204 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2312-Forest-Ave_Des-Moines_IA_50311_M97273-84653?f=listhub&s=DMAARIA&m=749583&c=propsimple) ## Photos ![2312 Forest Avenue - Photo 1](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f3765970492r.jpg) ![2312 Forest Avenue - Photo 2](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f2882410724r.jpg) ![2312 Forest Avenue - Photo 3](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f581009550r.jpg) ![2312 Forest Avenue - Photo 4](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f4172687285r.jpg) ![2312 Forest Avenue - Photo 5](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f1867020462r.jpg) ![2312 Forest Avenue - Photo 6](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f2258511773r.jpg) ![2312 Forest Avenue - Photo 7](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f4288530685r.jpg) ![2312 Forest Avenue - Photo 8](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f1772941866r.jpg) ![2312 Forest Avenue - Photo 9](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f2747420872r.jpg) ![2312 Forest Avenue - Photo 10](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f714359043r.jpg) ![2312 Forest Avenue - Photo 11](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f3277904597r.jpg) ![2312 Forest Avenue - Photo 12](http://lh.rdcpix.com/4195b56f3508232f6a46a5461f27fa17l-f823277928r.jpg) --- **MLS#:** 749583 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/2312-forest-avenue-des-moines-ia-50311-6c43a6c621d342a48ee8e7bf4c92d087) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2312-forest-avenue-des-moines-ia-50311-6c43a6c621d342a48ee8e7bf4c92d087#listing", "url": "https://www.propertysimple.ai/listing/2312-forest-avenue-des-moines-ia-50311-6c43a6c621d342a48ee8e7bf4c92d087", "name": "2312 Forest Avenue, Des Moines, IA 50311", "description": "Investors! Looking for your next project? 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