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About This Home

This 1-bedroom, 0-bathroom residential multi family at 2303 Carpenter Avenue in Des Moines, IA is listed for $225,000 ($82 per sqft). Built in 1907, the home offers 2,734 sqft of living space on a 0.15 acres lot.

Agent Description

Just blocks from the Drake University campus, this property, with 5 distinct units, offers multiple streams of revenue and a high cap rate potential in one of Des Moines' most resilient rental markets.

Key Features

  • Built in 1907
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
1907

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

2303 Carpenter Avenue

Des Moines, IA 50311

Property Details

Construction

Frame

Heating

Natural GasForced Air

Questions & Answers

This 1-bedroom, 0-bathroom residential multi family at 2303 Carpenter Avenue is listed at $225,000 ($82/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1907, 0.15 acre lot, 2 stories.

This property is listed by Mike Reagan and can be reached at 5155778142 or mike.reagan@realestateconcepts.net.

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MR

Mike Reagan

Agent at RE/MAX Concepts

(515) 577-8142

Listed by RE/MAX Concepts · View on Broker Site

MLS# 729166· Source: listhub· Updated 181 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.

2303 Carpenter Avenue, Des Moines, IA 50311

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