2419 Cottage Grove Avenue Des Moines, IA $ 675,000
2419 Cottage Grove Avenue
$ 675,000
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2419 Cottage Grove Avenue

Des Moines, IA, 50311
$ 675,000
Bedrooms14 Baths8.0 Sq 8,631

Monthly Estimate*

$ 4,486

2419 Cottage Grove Avenue, Des Moines, IA 50311 - Image 1
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2419 Cottage Grove Avenue, Des Moines, IA 50311 - Image 12

Multi-Family Home for sale in Des Moines, IA

for $675,000 with 14 bedrooms and 8 full baths. This 8,631 square foot home was built in 1910 on a lot size of 0.148.

convenience for residents. This solid brick construction property is in great shape, with spacious units over 1200sf each. Tenants enjoy 2 bedrooms, a living room, dining room, and two additional versatile rooms, making it an ideal living space.Great for work-from-home office. The month-to-month tenancy allows for a seamless transition, and the current low rents present an opportunity for increased income. The property features coin-op laundry for extra revenue and untapped storage space that could generate additional income. Tenants pay for their electricity, while the owner covers common areas, heat, and water. With ample parking and easy commuting, this property is an attractive choice for tenants. Whether it's the proximity to key locations, the spacious units, or the potential for increased income, The Cutler presents a unique opportunity for multifamily/low-rise/garden investors seeking a blend of historical charm and financial potential. 6 units are 2-Bed, 2 Units are 1-Bed. Tenants pay Electric and Gas, Owner pays common area electric, heat, water. All information obtained from Seller and public records.

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Multi-Family Active

Price

$ 675,000

Bedrooms

14

Full Bath

8

Property Type

Multi-Family

Taxes

$ 9,640

Style

Apartment

Lot Size

0.148

Year Built

1910

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

694678

Features
General
Sewer PublicSewer
Heating Electric HotWater NaturalGas
Cooling WindowUnits
Utilities ElectricityAvailable NaturalGasAvailable WaterAvailable
Roof Rubber
Appliances Dishwasher Refrigerator Stove Washer
Zoning R-3
Construction Materials Brick SeeRemarks
Year Built 1910
Tenant Pays Electricity Gas
Property SubType Apartment
Gross Income 103100.0
Community Features LaundryFacilities
County Polk
Operating Expense 37958.0
New Construction N
Property Type MultiFamily
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Cottage Grove Ave and 25th St
City Des Moines
View Y/N N
Senior Community Y/N N
High School District Des Moines Independent
MLS Area Des Moines West
Lot Size Units Acres
Lot Size Square Feet 6464.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Cottage Grove
Listing Terms Cash Conventional FHA
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9640.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 43
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Des Moines Independent
Elementary School District Des Moines Independent
Legal Description W 84.15F ON N LN LT 156 SD LTS 2 & 4 OP NW 1/4 SEC 5-78-24
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Interior
Flooring Carpet
Furnished Y/N Unfurnished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 8
Half Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 14
Below Grade Finished Area 2000.0
Electric On Property Y/N Y
Total Baths 8
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Exterior
Water Source Public
Lot Size Area 0.148
Foundation Details Block
Spa N
Building Area Total 8631.0
Lot Size Acres 0.148
Road Surface Type Concrete
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2419
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* Excluded Features
List By
Chase Keller

Listing Agent

Re/Max Precision

Broker

chase@bettercommercial.co

Email

Affordability Calculator

$5,290
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$803
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1177584 Elementary School
1177589 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$675,000 Listed Price

Map


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2419 Cottage Grove Avenue, Des Moines, IA, 50311 is a Multi-Family Home for sale at $675,000 with 8,631 sqft and a lot size of 0.148. 2419 Cottage Grove Avenue has 14 bedrooms, 8.0 baths, and was built in 1910. The property's zip code is 50311 which is in Des Moines, IA