#715428, Julio Calvo, Listing office: RE/MAX Precision
$255,000 List price
124 E Olinda Ave Des Moines, IA 50315
6 beds
2 full
2,422 sqft
0.2 acres
$105 / sqft
House
Property details
About 124 E Olinda Ave
Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering ideal separation and privacy. Both have spacious living areas, and functional layouts. Conveniently located within walking distance to Principal Park, the Downtown Farmers Market, restaurants, shopping, and more. Easy access to major roads and public transportation. Whether you're looking to live in one unit and rent the other or add to your investment portfolio, this property offers flexibility and location appeal. Don’t miss this excellent opportunity to own a duplex in the heart of Des Moines!
Highlights
Home typeOther
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,422 sqft
Lot size0.165 Acres
Year built1913
MLS #718590
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 6
- Architectural Style: Two Story
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $255,000
- Price/SqFt: $105
- Annual Tax Amount: $2,098
- Tax Year: 2023
- Lot: Rectangular Lot
- Directions: Head south on US-69 S toward Des Moines River Trl, turn west onto Hartford Ave, turn southeast onto Indianola Ave, turn west onto E Olinda Ave, home is on the north side.
- Year Built: 1913
- Stories: 2
- Living Area: 2,422 SqFt
- Lot Size: 0.165 Acres
- MLS Number: 718590
- MLS Name: DMAAR
- Office Name: BH&G Real Estate Innovations
- Office Phone: (515) 962-5555
- Listing Agent: Misty Darling
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 24, 2021 | Home Sold | $235,000 |
| Sep 30, 2005 | Home Sold | $96,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $121,500 | $2,098 |
| 2021 | $93,100 | $2,098 |
| 2020 | $80,900 | $2,098 |
| 2019 | $80,900 | $1,894 |
| 2018 | $71,200 | $1,894 |
| 2017 | $71,200 | $1,768 |
History based on county public records data.
Nearby schools
1
McKinley Elementary School
Public District EE-5
0.5 mi
•1610 SE 6th St
3
Howe Elementary School
Public District KG-5
0.8 mi
•2900 Indianola Ave
3
Park Avenue Elementary School
Public District KG-5
1.0 mi
•3141 SW 9th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,750. The majority of Des Moines, IA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
46%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
17%
Single, with Kids
26%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Horse Races
College Basketball
Where do the neighbors shop?
Books-a-Million
Stein Mart
Dillards
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
Logan's Roadhouse
What do the neighbors drive?
Toyota
Buick
Hyundai
What do the neighbors listen to?
Adult Hits
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 124 E Olinda Ave
The listing price of 124 E Olinda Ave property is $255,000.
The property 124 E Olinda Ave is a house located in Des Moines, Iowa, 50315.
Active Listing: 124 E Olinda Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 124 E Olinda Ave are: McKinley Elementary School (GreatSchools Rating 1/10), Howe Elementary School (GreatSchools Rating 3/10), Park Avenue Elementary School (GreatSchools Rating 3/10), Weeks Middle School (GreatSchools Rating 1/10), Brody Middle School (GreatSchools Rating 1/10), Hiatt Middle School (GreatSchools Rating 1/10), Lincoln High School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 2/10), Virtual Campus (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,098 (source: MLS/based on county public records data).
The last sale was on November 24, 2021 for $235,000 (source: MLS/tax record).
The property at 124 E Olinda Ave has 6 bedrooms and 2 bathrooms.
The property 124 E Olinda Ave is 2,422 SqFt (source: MLS/tax record).
The year of construction for 124 E Olinda Ave is 1913.
This home is located at 124 E Olinda Ave in Des Moines, IA and zip code 50315 in the Indianola Hills neighborhood. This 2,422 square foot home, which was built in 1913, sits on a 0.17 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $255,000.
Des Moines, IA housing market in June 2025 saw over 67 listings sold above listed price, more than 78 sold at listed price and over 153 sold below. The number of homes for sale in Des Moines, IA decreased by 7% between May and June 2025. In June 2025 median list price was $216,801 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.