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    1514 Harrison Ave Des Moines, IA 50314

    Pending
    For Sale
    $220,000

    MULTI_FAMILY - Other - Des Moines, IA

    Property size:
    2,491 SF
    Lot size:
    0.22 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1514 Harrison Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R1-60
    Rooms
    Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Basement
    Bedrooms
    6
    Bathrooms
    3
    APN
    08003834000000
    Size
    2,491 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Building materials
    Asbestos
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Keller Williams Ankeny Metro (515) 965-9100 [email protected]

    Listing agent Abby Hausmann-Virgil (515) 965-9100

    Listing date Nov 6, 2025

    MLS# 727982 Listing URL

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Des Moines Triplex Investment Property

    This is a three-unit investment property that generates $2,300 per month from tenants on month-to-month leases. There is potential to increase rental income over time. The property includes a large grassy lawn and parking in the back. The lot size is 0.224 acres. The property is zoned R1-60 and has a size of 2,491 square feet. The property is located in Des Moines, Iowa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.638061
    Latitude
    41.604755

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Des Moines, generating $2,300 monthly income.
    Where is this triplex located?
    The property is located at 1514 Harrison Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Investment property featuring 3 units.; - Current rental income of $2,300 per month.; - Potential to increase rental income.
    (515) 965-9100
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1514 Harrison Ave Des Moines, IA 50314
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