2312 Forest Avenue, Des Moines, IA 50311

$200,000
7,238
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$200,000
Status
ACTIVE
MLS#
749583
Year Built
1900
Living Area
7,238
Lot Size
11,340
Region
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

Additional Information

Street Name
Forest Avenue
Agent Id
5119
Water
Public
Sewer
Public Sewer
Basement
Partial
Foundation
Block, Brick/Mortar, Slab
Zip
50311
Region
Des Moines N.West
Style
Two Story
City
Des Moines
Acres
0.26
School District
Des Moines Independent
Zoning
NPC

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXIT Realty & Associates.

Data courtesy of the Des Moines Area Association of REALTORS