3903 University Avenue, Des Moines, IA 50311

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
3903 University Avenue,Des Moines, IA 50311
$245,000
  • 6 Beds
  • 4 Baths
  • 2,816 sq. ft.
  • Multi-family
  • Active
Listed by: darson grantham
Office: keller williams realty gdm
MLS#:733823
Source:IA_DMAAR

Price summary

  • Price:$245,000
  • Price per sq. ft.:$87

About this home

$3393/mo of rental income and the owner is only paying for the water usage. Great 4 plex with good rental income and current tenants. All other utilizes are paid by the tenants. Great location close to downtown and close to Drake University. Package deal available with 1206 39th st with the right offer.

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Home facts

  • Year built:1918
  • Listing ID #:733823
  • Added:98 day(s) ago
  • Updated:May 14, 2026 at 02:55 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,816 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1918
  • Building area:2,816 sq. ft.
  • Construction Materials:Stucco
  • Foundation Description:Block

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$87
  • Tax amount:$4,127 (2024)

Features and amenities

  • Appliances:Refrigerator, Stove

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