$140,000

2937 Capitol Ave Des Moines, IA 50317

$1,663
Closing credit¹
1 bed
1 full
624 sqft
0.2 acres
$224 / sqft
House

Property details

About 2937 Capitol Ave

Income Opportunity! This charming home is just steps from the fairgrounds and sits on the picturesque, brick-lined Capitol Avenue, a prime location highly sought after for fair parking income! With a spacious living room, one cozy bedroom, and a full bathroom, this home is as cute as it is functional. Whether you’re a first-time buyer, investor, or looking for a profitable rental, this property offers endless potential. Don’t miss your chance to turn this opportunity into income, make your money move today!

Highlights

Home typeResidential
HeatingForced Air, Natural Gas
StatusActive
Size624 sqft
BasementYes
Lot size0.169 Acres
Year built1925
ParkingDetached, Garage, One Car Garage
MLS #718301
Garage1 space

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 1
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, One Car Garage
  • Architectural Style: Bungalow
  • Heating: Forced Air, Natural Gas
  • List Price: $140,000
  • Price/SqFt: $224
  • Annual Tax Amount: $1,530
  • Tax Year: 2023
  • Directions: ake University Ave to 30th head south. Take a right on to Capital. Home on the left.
  • Year Built: 1925
  • Living Area: 624 SqFt
  • Lot Size: 0.169 Acres
  • MLS Number: 718301
  • MLS Name: DMAAR
  • Office Name: The American Real Estate Co.
  • Office Phone: (515) 776-0164
  • Listing Agent: Tiffany Marcum

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: 5/22/2025, 8:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2937 Capitol Ave, Des Moines, IA 50317 - bungalow-style home with central AC, a front lawn, and board and batten siding

$140,000

2937 Capitol Ave

$1,663

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 02, 2022
Home Sold
$109,000
Aug 26, 2011
Home Sold
$44,000
Sep 08, 2006
Home Sold
$21,000

Tax history

YearAssessmentProperty Tax
2023$85,900$1,530
2021$67,400$1,530
2020$59,000$1,530
2019$59,000$1,130
2018$51,200$1,130
2017$51,200$1,068

History based on county public records data.

Nearby schools

4

Willard Elementary School

Public District KG-5

0.2 mi

2941 Dean Ave

2

Stowe Elementary School

Public District KG-5

0.9 mi

1411 E 33rd St

2

Phillips Elementary School

Public District KG-5

1.2 mi

1701 Lay St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,250. Most Des Moines, IA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

26%
<35k
61%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
21%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • White CastleWhite Castle

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2937 Capitol Ave

The listing price of 2937 Capitol Ave property is $140,000.

The property 2937 Capitol Ave is a house located in Des Moines, Iowa, 50317.

Active Listing: 2937 Capitol Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2937 Capitol Ave are: Willard Elementary School (GreatSchools Rating 4/10), Stowe Elementary School (GreatSchools Rating 2/10), Phillips Elementary School (GreatSchools Rating 2/10), Hiatt Middle School (GreatSchools Rating 1/10), Goodrell Middle School (GreatSchools Rating 1/10), Hoyt Middle School (GreatSchools Rating 3/10), 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 $1,530 (source: MLS/based on county public records data).

The last sale was on September 2, 2022 for $109,000 (source: MLS/tax record).

The property at 2937 Capitol Ave has 1 bedroom and 1 bathroom.

The property 2937 Capitol Ave is 624 SqFt (source: MLS/tax record).

The year of construction for 2937 Capitol Ave is 1925.

This home is located at 2937 Capitol Ave in Des Moines, IA and zip code 50317 in the Fairground neighborhood. This 624 square foot home, which was built in 1925, sits on a 0.17 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $140,000.

In April 2025, from all listings sold in Des Moines, IA there were more than 49 sold above asking price, over 141 sold below and more than 58 were sold right at the asked price. The number of listings in Des Moines, IA increased by 7.2% between March and April 2025. Listings spent 41 days on the market in April 2025, and had a median list price of $215,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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