1245 34th Street, Des Moines, IA 50311

$475,000
8
BD
2
BA
4,131
SqFt

Show Photos

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

Sold Price
$475,000
List Price
$500,000
Status
CLOSED
MLS#
730340
Year Built
1916
Closing Date
Jan 23, 2026
Bedrooms
8
Bathrooms
2
Living Area
4,131
Lot Size
25,273
Region
Des Moines N.West

Property Description

The historic Phi Delta Theta House on 34th Street in the heart of the Drake Neighborhood. This is a rare opportunity to own a recognizable piece of Des Moines history with outstanding investment potential. Offering over 5,000 finished square feet across three stories plus a basement, the property is currently configured with large, dorm-style bedrooms designed to accommodate multiple beds per room, similar to a group home or fraternity layout.Significant updates have been completed in recent years including mechanical improvements, interior finish upgrades, exterior work, and flatwork. The property is zoned NX2, allowing for multifamily, group living, and even certain single-household uses. This flexible zoning opens the door for a wide range of possibilities: continue the current setup, reconfigure for modern apartments, add additional structures, or pursue an entirely new concept. Bring your vision. Bring your imagination. Opportunities like this do not come to market often.

Additional Information

Street Name
34th Street
Agent Id
5778
Water
Public
Sewer
Public Sewer
Basement
Finished
Foundation
Brick/Mortar
Roof
Asphalt, Shingle
Zip
50311
Region
Des Moines N.West
Style
Three Story
City
Des Moines
Acres
0.58
School District
Des Moines Independent
Zoning
NX2

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 Realty ONE Group Impact. Selling Office: RE/MAX Precision.

Data courtesy of the Des Moines Area Association of REALTORS