2915 Cottage Grove Avenue, Des Moines, IA 50311

$230,000
6
BD
4
BA
2,838
SqFt

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Sold Price
$230,000
List Price
$240,000
Status
CLOSED
MLS#
741730
Year Built
1888
Closing Date
Sep 16, 2026
Bedrooms
6
Bathrooms
4
Living Area
2,838
Lot Size
7,980
Region
Des Moines West

Property Description

$2975/mo rent on this classic two-story 4plex multifamily. Inside, you'll find 4 fully independent units, each with its own separate electric meters turnkey rental appeal to investors or owner-occupied househacker. New gutters and roof in the last few years! Two units feature 1 bedroom and 1 bath with updated kitchens and gleaming hardwood floors that give each space a warm, inviting feel. The other two units are 2 bedrooms, a flexible den perfect for a home office, and 1 bath — offering premium rental appeal. Natural light flows through each unit beautifully, and upstairs tenants enjoy stepping out onto a private deck overlooking the neighborhood. Situated near Drake University, major medical centers, schools, shopping, dining, and convenient metro commuter routes, this property falls within the InvestDSM revitalization zone — supporting long-term, mid-term, or short-term rental strategies. Separate utility meters keep expenses clean and predictable. An income-producing property with timeless character in a high-demand Des Moines location.

Additional Information

Street Name
Cottage Grove Avenue
Agent Id
505591
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Zip
50311
Region
Des Moines West
Style
Two Story
City
Des Moines
Acres
0.18
School District
Des Moines Independent
Zoning
R1-60

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty GDM. Selling Office: BH&G Real Estate Innovations.

Data courtesy of the Des Moines Area Association of REALTORS