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About This Home

This 9-bedroom, 9-bathroom residential multi family at 3103 Grand Avenue in Des Moines, IA is listed for $595,000 ($150 per sqft). Built in 1913, the home offers 3,967 sqft of living space on a 0.53 acres lot.

Agent Description

Properties along the Grand Ave corridor rarely become available, making this an exceptional investment opportunity in the heart of the highly desirable Grand Avenue corridor. Located along historic Grand Avenue in Des Moines, 7 units in this multi-family property offers strong income potential in one of the city's most established and sought-after neighborhoods.

The property benefits from excellent visibility, mature tree-lined streets, and proximity to downtown, Ingersoll dining, retail, cultural attractions and major employment centers. Tenants are drawn to the character, charm, and convenience this corridor consistently delivers. This well-maintained multi-family building all units have been recently remodeled presents immediate cash-flow possibilities.

Key Features

  • Built in 1913
  • 0.53 acre lot

Property Details

9 full
1913

Amenities

A/C

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

3103 Grand Avenue

Des Moines, IA 50312

Property Details

Flooring

VinylCarpet

Construction

Brick WoodSiding

Parking

Garage

Heating

Forced AirElectric (Heating)

Cooling

Window Unit(s)

Appliances

RefrigeratorStove

Questions & Answers

This 9-bedroom, 9-bathroom residential multi family at 3103 Grand Avenue is listed at $595,000 ($150/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.

Key features include: Built in 1913, 0.53 acre lot.

This property is listed by Kyle Van Winkle and can be reached at (515) 276-2872 or kyle.vanwinkle@realestateconcepts.net.

KW

Kyle Van Winkle

Agent at RE/MAX Concepts-Ames

(515) 276-2872

Listed by RE/MAX Concepts-Ames · View on Broker Site

MLS# 739573· Source: listhub· Updated 33 days ago

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.

3103 Grand Avenue, Des Moines, IA 50312

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