About This Home

This 11-bedroom, 6-bathroom residential multi family at 717 Franklin Avenue in Des Moines, IA is listed for $269,000 ($64 per sqft). Built in 1901, the home offers 4,233 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1901
  • 0.30 acre lot
  • 2 stories

Property Details

2 stories
6 full
1901

Amenities

Hardwood
Listing Description

This 6-unit multi-family property is income-producing. All units are rented and monthly rents total $4120/mo. Room for rent increases. Large basement for landlord storage. Huge parking lot. See agent notes for link to proforma info. All units have only one tenant currently, so landlord expenses are low. Individual rents: #1 $650 #2 $870 #3 $750 #4 $650 #5 $600 #6 $600

Monthly Cost Estimate

$1,439/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,166
Insurance$78

Estimates only. Actual payments may vary.

Location

717 Franklin Avenue

Des Moines, IA 50314

Features & Amenities

Interior Features

WindowTreatments

Property Details

Flooring

CarpetHardwoodTile

Construction

Stucco

Heating

Natural GasForced Air

Appliances

RefrigeratorStove

Questions & Answers

This 11-bedroom, 6-bathroom residential multi family at 717 Franklin Avenue is listed at $269,000 ($64/sqft). The estimated monthly payment is $1,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1901, 0.30 acre lot, 2 stories. Interior Features: WindowTreatments.

This property is listed by Abby Hausmann-Virgil.

AH

Abby Hausmann-Virgil

Agent at Keller Williams Ankeny Metro

Listed by Keller Williams Ankeny Metro · Broker phone: (515) 965-9100 · View on Broker Site

MLS# 727975· Source: Des Moines Area Association of REALTORS®, Inc.· 388 days on PropertySimple

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.

717 Franklin Avenue, Des Moines, IA 50314

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