#721525, Brenda Tart, Listing office: Realty ONE Group Impact
$199,999 List price
1642 E Grand Ave Des Moines, IA 50316
4 beds
3 full
1,768 sqft
0.1 acres
$113 / sqft
House
Property details
About 1642 E Grand Ave
Great investor opportunity with this tri-plex in east Des Moines! This property is fully occupied with Units 1 and 2 bringing $850 per month and Unit 3 bringing $750 per month. Monthly costs are between $1600-$1800. Cash Flow is great if you're looking for a side hustle! Rental certificate in place. Open to creative financing.
Highlights
Home typeOther
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,768 sqft
BasementYes
Lot size0.121 Acres
Year built1882
MLS #722579
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator, Stove
- Basement: Yes
- Total Bedroom Count: 4
- Architectural Style: Two Story
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $199,999
- Price/SqFt: $113
- Annual Tax Amount: $1,804
- Tax Year: 2023
- Lot: Rectangular Lot
- Directions: Take I35 to East 14th St and then turn left on East Grand. Tri-plex will be on the left side. Access through alley.
- Year Built: 1882
- Stories: 2
- Living Area: 1,768 SqFt
- Lot Size: 0.121 Acres
- MLS Number: 722579
- MLS Name: DMAAR
- Office Name: Agency Iowa
- Office Email: bethanycochranrealtor@gmail.com
- Listing Agent: Beth Cochran
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: 7/18/2025, 10:45:28 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 |
|---|---|---|
| Mar 03, 2023 | Home Sold | $176,000 |
| Jun 30, 2021 | Home Sold | $85,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $103,200 | $1,804 |
| 2021 | $79,700 | $1,804 |
| 2020 | $69,600 | $1,804 |
| 2019 | $69,600 | $1,556 |
| 2018 | $58,500 | $1,556 |
| 2017 | $58,500 | $1,468 |
History based on county public records data.
Nearby schools
1
Capitol View Elementary School
Public District EE-5
0.2 mi
•320 E 16th St
1
Carver Elementary School
Public District KG-5
1.1 mi
•705 E University Ave
2
Phillips Elementary School
Public District KG-5
1.3 mi
•1701 Lay 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 $20,427. Residents of Des Moines, IA typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
86%
<35k
12%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
32%
Single, with Kids
11%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Golden Corral
What do the neighbors drive?
Dodge
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1642 E Grand Ave
The listing price of 1642 E Grand Ave property is $199,999.
The property 1642 E Grand Ave is a house located in Des Moines, Iowa, 50316.
Active Listing: 1642 E Grand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1642 E Grand Ave are: Capitol View Elementary School (GreatSchools Rating 1/10), Carver Elementary School (GreatSchools Rating 1/10), Phillips Elementary School (GreatSchools Rating 2/10), Hiatt Middle School (GreatSchools Rating 1/10), Goodrell Middle School (GreatSchools Rating 1/10), Harding 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 $1,804 (source: MLS/based on county public records data).
The last sale was on March 3, 2023 for $176,000 (source: MLS/tax record).
The property at 1642 E Grand Ave has 4 bedrooms and 3 bathrooms.
The property 1642 E Grand Ave is 1,768 SqFt (source: MLS/tax record).
The year of construction for 1642 E Grand Ave is 1882.
This home is located at 1642 E Grand Ave in Des Moines, IA and zip code 50316 in the Capitol East neighborhood. This 1,768 square foot home, which was built in 1882, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $199,999.
In June 2025 more than 67 listings in Des Moines, IA were sold above the asking price. During the same period more than 78 listings were sold at asking price, while more than 153 were sold below. The number of homes for sale 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.
From Rocket Homes Real Estate and based on county public records data.