#718237, Dennis Combs, Listing office: Network Realty
$3,400,000 List price
717 Franklin Ave Unit 11 Des Moines, IA 50314
0 beds
4,233 sqft
0.3 acres
$803 / sqft
House
Property details
About 717 Franklin Ave Unit 11
This portfolio includes 10 multifamily properties and 7 single-family homes. The multifamily portion features 44 total units spread across 10 buildings, all currently occupied on a month-to-month basis. These multifamily units generate an annual gross income of $386,940, with an annual net income of $233,689. The 7 single-family homes collectively produce a gross income of $100,200 and net $54,011 annually. The seller has not significantly increased rents in recent years and believes a new owner could realize additional profit through rent adjustments. More Info Here: https://drive.google.com/drive/folders/1DLW1zlK7zyNc5coohMDwK2e77qetJWMs?usp=drive_link
Highlights
Home typeOther
StatusActive
Size4,233 sqft
Lot size0.303 Acres
Year built1901
MLS #717804
Summary
- List Price: $3,400,000
- Price/SqFt: $803
- Directions: Multiple properties
- Year Built: 1901
- Living Area: 4,233 SqFt
- Lot Size: 0.303 Acres
- MLS Number: 717804
- MLS Name: DMAAR
- Office Name: LPT Realty, LLC
- Office Phone: (515) 257-6477
- Listing Agent: Jeff Downing
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: 7/26/2025, 12:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
Moulton Elementary School
Public District EE-5
0.3 mi
•1541 8th St
3
King Elementary School
Public District KG-5
0.9 mi
•1849 Forest Ave
4
Findley Elementary School
Public District KG-5
1.0 mi
•3025 Oxford 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 $32,733. Residents of Des Moines, IA typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
57%
<35k
39%
35k-100k
4%
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
26%
Single, with Kids
16%
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
9%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Basketball
Where do the neighbors shop?
Burlington
Books-a-Million
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Jasons Deli
What do the neighbors drive?
Chevrolet
Toyota
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Adult Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 717 Franklin Ave Unit 11
The listing price of 717 Franklin Ave Unit 11 property is $3,400,000.
The property 717 Franklin Ave Unit 11 is a house located in Des Moines, Iowa, 50314.
Active Listing: 717 Franklin Ave Unit 11 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 717 Franklin Ave Unit 11 are: Moulton Elementary School (GreatSchools Rating 3/10), King Elementary School (GreatSchools Rating 3/10), Findley Elementary School (GreatSchools Rating 4/10), Harding Middle School (GreatSchools Rating 1/10), Hiatt Middle School (GreatSchools Rating 1/10), Callanan Middle School (GreatSchools Rating 4/10), North High School (GreatSchools Rating 3/10), East High School (GreatSchools Rating 2/10), Roosevelt High School (GreatSchools Rating 3/10).
The property at 717 Franklin Ave Unit 11 has 0 bedroom and 0 bathroom.
The property 717 Franklin Ave Unit 11 is 4,233 SqFt (source: MLS/tax record).
The year of construction for 717 Franklin Ave Unit 11 is 1901.
This home is located at 717 Franklin Ave Unit 11 in Des Moines, IA and zip code 50314 in the River Bend neighborhood. This 4,233 square foot home, which was built in 1901, sits on a 0.30 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $3,400,000.
In June 2025, from all listings sold in Des Moines, IA there were more than 67 sold above asking price, over 153 sold below and more than 78 were sold right at the asked price. In June 2025 in Des Moines, IA there were 7% less homes for sale than in May. 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.