#717992, Rocio Hermosillo, Listing office: EXP Realty, LLC
1315 E 12th St Des Moines, IA 50316
Property details
About 1315 E 12th St
This fully rented 3-plex offers a strong investment in the heart of Des Moines, featuring three 1-bedroom, 1-bathroom units with current rents at $700, $775, and $800. With steady cash flow and low vacancy risk, this property is ideal for both seasoned investors and those looking to start or grow their portfolio. Recent updates provide peace of mind and added value, including a new installed within the last year, update siding, interior improvements to several units including new flooring, fresh paint, and an updated kitchen. 1 Unit has a new furnace, 2 units have new central A/C Systems. This is conveniently located near downtown amenities, public transit, and major thoroughfares.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator, Stove
- Basement: Yes
- Total Bedroom Count: 3
- Architectural Style: Two Story
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Window Unit(s)
- List Price: $215,000
- Price/SqFt: $132
- Annual Tax Amount: $3,068
- Tax Year: 2023
- Directions: University to 12th Street. Head North on 12th Street and Property is on the right hand side of the road or the east side of the street.
- Year Built: 1900
- Stories: 2
- Living Area: 1,621 SqFt
- Lot Size: 0.174 Acres
- MLS Number: 723046
- MLS Name: DMAAR
- Office Name: Gillum Group Real Estate LLC
- Office Phone: (515) 633-7960
- Listing Agent: Jeff Horner
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: 7/28/2025, 6:45:29 PM 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 |
---|---|---|
Apr 05, 2022 | Home Sold | $142,000 |
Mar 21, 2017 | Home Sold | $50,000 |
Apr 20, 2007 | Home Sold | $50,000 |
Apr 09, 2007 | Home Sold | $39,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $138,000 | $3,068 |
2021 | $112,000 | $3,068 |
2020 | $91,500 | $3,068 |
2019 | $91,500 | $2,862 |
2018 | $76,000 | $2,862 |
2017 | $76,000 | $2,684 |
History based on county public records data.
Nearby schools
1
Carver Elementary School
Public District KG-5
0.4 mi
•705 E University Ave
1
Capitol View Elementary School
Public District EE-5
0.9 mi
•320 E 16th St
3
Moulton Elementary School
Public District EE-5
1.2 mi
•1541 8th 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 $26,346. The most common annual income of people living in Des Moines, IA is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1315 E 12th St
The listing price of 1315 E 12th St property is $215,000.
The property 1315 E 12th St is a house located in Des Moines, Iowa, 50316.
Active Listing: 1315 E 12th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1315 E 12th St are: Carver Elementary School (GreatSchools Rating 1/10), Capitol View Elementary School (GreatSchools Rating 1/10), Moulton Elementary School (GreatSchools Rating 3/10), Hiatt Middle School (GreatSchools Rating 1/10), Harding Middle School (GreatSchools Rating 1/10), Goodrell Middle School (GreatSchools Rating 1/10), East High School (GreatSchools Rating 2/10), North High School (GreatSchools Rating 3/10), Lincoln High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,068 (source: MLS/based on county public records data).
The last sale was on April 5, 2022 for $142,000 (source: MLS/tax record).
The property at 1315 E 12th St has 3 bedrooms and 3 bathrooms.
The property 1315 E 12th St is 1,621 SqFt (source: MLS/tax record).
The year of construction for 1315 E 12th St is 1900.
This home is located at 1315 E 12th St in Des Moines, IA and zip code 50316 in the Capitol Park neighborhood. This 1,621 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $215,000.
While more than 67 listings in Des Moines, IA in June 2025 were sold above asking price, there were more than 78 listings sold at asking price, and more than 153 were sold below. The number of listings in Des Moines, IA decreased by 7% between May and June 2025. In June 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $216,801.