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3101 Cottage Grove Ave Des Moines, IA 50311

Pending
For Sale
$250,000

MULTI_FAMILY - Other - Des Moines, IA

Property size:
3,067 SF
Lot size:
0.23 Acres
Days on Market:
12
Last Refresh:
Dec 5 at 6:06 pm

Property Features for 3101 Cottage Grove Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Pending
Zoning
Z
Rooms
Bathroom 4, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 3, Basement, Bedroom 1, Bathroom 7, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 2
Bedrooms
4
Bathrooms
7
APN
09004636020000
Size
3,067 SF
Lot size
0.23 Acres

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1910
Floors in Building
3
Roof type
Asphalt, Shingle
Architectural style
Other

LPT Realty, LLC (515) 669-4010 [email protected]

Listing agent Sarah Kavalier (877) 366-2213

Listing date Nov 24, 2025

MLS# 725841 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

Revitalization Opportunity Near Drake University

Located steps from Drake University, the property at 3101 Cottage Grove presents a transformation opportunity within a neighborhood undergoing revitalization. Currently configured as a seven-unit building, it is a candidate for conversion back to a single-family home. Situated within an InvestDSM program area, the property is eligible for grants, reimbursements, and low-interest rehab loans, along with NFC Advantage Lending benefits to offset renovation costs. Nearby historic homes have experienced value growth due to preservation efforts and new local businesses. The property is 3,067 square feet and sits on a 0.225-acre lot. City code upgrades for electrical and HVAC systems are required for continued multifamily use; these same improvements could support a single-family redesign. The property is zoned Z. The property is sold as is, and the buyer is responsible for verifying all incentives and requirements.
Property Profile Location Intelligence

Current Use by Public Records

Single family properties

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
-93.659636
Latitude
41.598746

FAQs

What type of property is this?
Apartment building - Seven-unit building suitable for conversion or multifamily use.
Where is this apartment building located?
The property is located at 3101 Cottage Grove Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: - Prime location steps from Drake University in a revitalizing neighborhood.; - Eligible for InvestDSM grants, reimbursements, and low-interest rehab loans, plus NFC Advantage Lending benefits.; - Opportunity to convert a 7-unit building back to a stately single-family home.
More about this property
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