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0 Beds
0 Baths
7,238 sqft

$200,000

2312 Forest Avenue, Des Moines IA, 50311

Price per sqft$27.63
Built in1900
Property size7,238 sqft
Property typeMulti-family

Overview

Active

Listed Sep 18, 2026

Updated 3 weeks ago

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.

$1,331/mo

Est. mortgage payment based on a $200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
749583

Interior Features

Bedrooms
0
Bathrooms
0
Basement
Yes

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$3,336
Tax Frequency
Annually

 

Courtesy of EXIT Realty & Associates, Timothy Schutte,
Listing Contact: (515) 253-3948 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Quartz Team Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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