2312 Forest Avenue, Des Moines, IA 50311

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
2312 Forest Avenue,Des Moines, IA 50311
$150,000
  • - Beds
  • - Baths
  • 7,238 sq. ft.
  • Multi-family
  • Active
Listed by: timothy schutte, jasmina salkic-schutte
Office: exit realty & associates
MLS#:749583
Source:IA_DMAAR

Price summary

  • Price:$150,000
  • Price per sq. ft.:$20.72

About this home

Investors! Looking for your next project? This unique parcel features two properties with significant renovation and investment potential. 2312 Forest Ave is a block commercial building offering approximately 1,144 sq. ft. of finished space, ideal for a retail storefront, office, or other commercial use. The upper level includes two 2-bedroom apartments, both taken down to the studs and ready for a complete remodel. 1370 23rd St. is a historic Victorian home that has been fully gutted and is ready for renovation. With approximately 4,124 sq. ft., the property was previously configured as seven apartments, offering the potential for a substantial redevelopment opportunity. With both properties already opened up for renovation, this parcel presents an opportunity for investors looking to rehab, reposition, and add value. Value-Add Investment Opportunity — Two Properties on One Parcel. Permits ready to be pulled.

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Home facts

  • Year built:1900
  • Listing ID #:749583
  • Added:52 day(s) ago
  • Updated:November 10, 2026 at 04:06 PM

Rooms and interior

  • Flooring:Tile
  • Basement:Yes
  • Basement Description:Partial
  • Living area:7,238 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:7,238 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Two Story
  • Construction Materials:Frame
  • Foundation Description:Block, Brick/Mortar, Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$150,000
  • Price per sq. ft.:$20.72
  • Tax amount:$3,336 (2026)

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